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(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)

10 day averaged volume of Patel Engg is 495188

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Apr 2025	39.88	40.72	40.72	39.53	0.565 times
09 Wed Apr 2025	39.35	39.87	39.87	39.00	0.434 times
08 Tue Apr 2025	39.89	39.57	40.15	39.35	0.691 times
04 Fri Apr 2025	40.06	41.76	41.81	39.85	0.363 times
02 Wed Apr 2025	40.72	40.68	40.97	39.41	0.342 times
01 Tue Apr 2025	40.26	39.03	40.49	39.03	1.183 times
28 Fri Mar 2025	39.08	40.64	41.28	39.00	1.007 times
26 Wed Mar 2025	39.62	41.50	41.69	39.41	2.979 times
25 Tue Mar 2025	41.35	43.70	44.13	41.13	0.726 times
24 Mon Mar 2025	43.25	43.94	44.38	43.15	1.475 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 39.5 as stoploss in an intra day buy trade for a target of 40.8. However, stock will show a bearish move below 39.5.

Share price targets for Patel Engg (PatelEngg)

Target Type	Value
Downside Target	38.40
Upside Target	40.20
Upside Target	43.57
Upside Target	43.87
Upside Target	44.38
Upside Target	44.66
Upside Target	48.89
Upside Target	50.59
Upside Target	53.69
Upside Target	59.50

Intraday share price targets for Patel Engg (PatelEngg)

Target Type	Value
Downside Intraday Target	39.01
Downside Intraday Target	38.15
Upside Intraday Target	40.73
Upside Intraday Target	41.59
Downside Intraday Target	39.87

Weekly technical analysis of Patel Engg (PatelEngg)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Apr 2025	39.88	39.57	40.72	39.00	0.895 times
04 Fri Apr 2025	40.06	39.03	41.81	39.03	0.305 times
28 Fri Mar 2025	39.08	43.94	44.38	39.00	0.884 times
21 Fri Mar 2025	43.21	40.48	43.57	38.40	1.433 times
13 Thu Mar 2025	40.28	43.64	43.87	40.20	1.247 times

Price has moved down 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
11 Fri Apr 2025	39.88	39.03	41.81	39.00	0.163 times
28 Fri Mar 2025	39.08	43.73	44.38	38.40	1.303 times
28 Fri Feb 2025	43.45	48.00	48.89	41.30	1.034 times
31 Fri Jan 2025	49.55	51.71	53.69	44.66	0.868 times

Scroll below to view daily charts

Price has moved up 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Patel Engg in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 40.4 and Patel Engg (PatelEngg) stock is trading below this level. This means that stock is falling with high volumes. 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.