(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 2024-08-30 View latest technical analysis
10 day averaged volume of Patel Engg is 986031
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 57.24 | 54.76 | 57.40 | 54.76 | 1.304 times |
| 29 Thu Aug 2024 | 53.64 | 54.98 | 54.98 | 53.51 | 0.245 times |
| 28 Wed Aug 2024 | 54.69 | 55.24 | 55.25 | 54.50 | 0.797 times |
| 27 Tue Aug 2024 | 54.88 | 54.19 | 55.39 | 53.82 | 0.324 times |
| 26 Mon Aug 2024 | 54.06 | 55.08 | 55.08 | 53.98 | 0.74 times |
| 23 Fri Aug 2024 | 54.54 | 54.50 | 55.13 | 54.05 | 0.815 times |
| 22 Thu Aug 2024 | 54.24 | 54.64 | 55.36 | 54.04 | 0.894 times |
| 21 Wed Aug 2024 | 54.39 | 54.14 | 54.89 | 52.81 | 1.217 times |
| 20 Tue Aug 2024 | 53.85 | 55.85 | 56.00 | 53.42 | 1.479 times |
| 19 Mon Aug 2024 | 55.67 | 55.25 | 56.67 | 54.63 | 1.297 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 57.4, for a target of 55.8 or 54.48
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 50.23 |
| Downside Target | 52.76 |
| Downside Target | 55.85 |
| Upside Target | 57.25 |
| Upside Target | 57.40 |
| Upside Target | 60.00 |
| Upside Target | 61.76 |
| 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 | 54.7 |
| Downside Intraday Target | 52.16 |
| Upside Intraday Target | 58.59 |
| Upside Intraday Target | 59.94 |
| Downside Intraday Target | 56.05 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 57.24 | 55.08 | 57.40 | 53.51 | 0.598 times |
| 23 Fri Aug 2024 | 54.54 | 55.25 | 56.67 | 52.81 | 0.847 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 |
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 |
| 30 Fri Aug 2024 | 57.24 | 59.65 | 60.00 | 50.91 | 0.836 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 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 mid to longer 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.
ADX buy sell signal for Patel Engg stock for short term is BUY. 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. Bulls are getting stronger in this stock.
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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Patel Engg is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 54.89 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 rising upwards.
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 is giving positive 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 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 mid to longer 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.
ADX buy sell signal for Patel Engg stock for short term is BUY. 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. Bulls are getting stronger in this stock.
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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Patel Engg is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 54.89 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 rising upwards.
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 is giving positive 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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