(PatelEngg) Patel Engg complete technical analysis [charts+indicators] | Buy/Sell Patel Engg | (PatelEngg) share price targets
Complete technical analysis of Patel Engg (PatelEngg) by charts plus indicators, forecast predictions and share price targets for Patel Engg (PatelEngg)
Showing technical analysis as on 2024-08-19 View latest technical analysis
10 day averaged volume of Patel Engg is 1652310
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 55.67 | 55.25 | 56.67 | 54.63 | 0.774 times |
| 16 Fri Aug 2024 | 54.69 | 52.57 | 56.01 | 51.56 | 1.309 times |
| 14 Wed Aug 2024 | 51.13 | 53.17 | 53.63 | 50.91 | 1.071 times |
| 13 Tue Aug 2024 | 52.98 | 55.63 | 55.69 | 52.79 | 1.315 times |
| 12 Mon Aug 2024 | 55.63 | 53.84 | 56.11 | 53.18 | 0.323 times |
| 09 Fri Aug 2024 | 53.82 | 55.62 | 56.01 | 53.77 | 0.394 times |
| 08 Thu Aug 2024 | 54.54 | 55.83 | 56.09 | 54.23 | 0.865 times |
| 07 Wed Aug 2024 | 55.62 | 54.94 | 55.75 | 53.90 | 0.582 times |
| 06 Tue Aug 2024 | 53.55 | 55.17 | 57.25 | 53.05 | 0.952 times |
| 05 Mon Aug 2024 | 53.51 | 54.06 | 55.79 | 52.76 | 2.129 times |
My analysis of stock is bearish for shortterm, and stock might move down till 53.8 or till 50.3. Use a stoploss of 56.79 and if the stock hits stoploss, then it can shoot up till 59.75
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 50.23 |
| Downside Target | 52.76 |
| Downside Target | 54.63 |
| Upside Target | 55.85 |
| Upside Target | 57.25 |
| Upside Target | 60.00 |
| Upside Target | 61.76 |
| Upside Target | 61.98 |
| Upside Target | 65.95 |
| Upside Target | 66.19 |
| Upside Target | 70.00 |
| Upside Target | 74.38 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 54.64 |
| Downside Intraday Target | 53.62 |
| Upside Intraday Target | 56.68 |
| Upside Intraday Target | 57.7 |
| Downside Intraday Target | 55.66 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 55.67 | 55.25 | 56.67 | 54.63 | 0.193 times |
| 16 Fri Aug 2024 | 54.69 | 53.84 | 56.11 | 50.91 | 0.816 times |
| 09 Fri Aug 2024 | 53.82 | 54.06 | 57.25 | 52.76 | 1.572 times |
| 02 Fri Aug 2024 | 56.93 | 60.99 | 61.76 | 56.79 | 1.226 times |
| 26 Fri Jul 2024 | 60.45 | 58.86 | 61.98 | 55.85 | 0.644 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Patel Engg (PatelEngg)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 55.67 | 59.65 | 60.00 | 50.91 | 0.596 times |
| 31 Wed Jul 2024 | 59.65 | 66.24 | 70.00 | 55.85 | 1.153 times |
| 28 Fri Jun 2024 | 65.75 | 64.98 | 74.38 | 50.23 | 1.109 times |
| 31 Fri May 2024 | 61.82 | 58.20 | 65.95 | 53.55 | 1.139 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Patel Engg (PatelEngg)
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Patel Engg stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Patel Engg in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Patel Engg Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Patel Engg in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Patel Engg is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 53.81 and Patel Engg (PatelEngg) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Patel Engg (PatelEngg) stock. Volume based technical analysis of Patel Engg (PatelEngg) stock is negative.
Patel Engg Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Patel Engg stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Patel Engg in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Patel Engg Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Patel Engg in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Patel Engg is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 53.81 and Patel Engg (PatelEngg) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Patel Engg (PatelEngg) stock. Volume based technical analysis of Patel Engg (PatelEngg) stock is negative.
Patel Engg Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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