(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 787517
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 62.24 | 65.70 | 65.95 | 61.71 | 2.469 times |
| 20 Mon May 2024 | 58.59 | 57.94 | 58.90 | 57.60 | 0.143 times |
| 17 Fri May 2024 | 57.33 | 56.60 | 57.85 | 55.96 | 1.159 times |
| 16 Thu May 2024 | 56.39 | 56.16 | 56.80 | 55.50 | 0.487 times |
| 15 Wed May 2024 | 55.96 | 56.69 | 56.99 | 55.61 | 0.888 times |
Stock of Patel Engg (PatelEngg) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 62.4 as stoploss in an intra day sell trade for a target of 58.96. However, stock will show a bullish move above 62.4.
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 51.00 |
| Downside Target | 53.55 |
| Downside Target | 56.54 |
| Downside Target | 59.75 |
| Upside Target | 64.10 |
| Upside Target | 65.70 |
| Upside Target | 65.95 |
| Upside Target | 66.19 |
| Upside Target | 70.74 |
| Upside Target | 71.50 |
| Upside Target | 79.00 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 57.91 |
| Downside Intraday Target | 53.58 |
| Upside Intraday Target | 66.26 |
| Upside Intraday Target | 70.28 |
| Downside Intraday Target | 61.93 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 62.24 | 57.94 | 65.95 | 57.60 | 0.784 times |
| 17 Fri May 2024 | 57.33 | 56.91 | 57.85 | 54.19 | 0.501 times |
| 10 Fri May 2024 | 55.96 | 59.12 | 59.75 | 53.55 | 0.555 times |
| 03 Fri May 2024 | 59.25 | 65.29 | 65.70 | 56.54 | 1.52 times |
| 26 Fri Apr 2024 | 64.55 | 60.11 | 66.19 | 60.11 | 2.649 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 |
| 21 Tue May 2024 | 62.24 | 58.20 | 65.95 | 53.55 | 0.67 times |
| 30 Tue Apr 2024 | 57.66 | 57.39 | 66.19 | 56.54 | 0.921 times |
| 28 Thu Mar 2024 | 56.95 | 68.99 | 71.50 | 51.00 | 0.789 times |
| 29 Thu Feb 2024 | 68.05 | 70.18 | 79.00 | 64.10 | 1.416 times |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 41, 17, 41 | Buy |
| MACD | -1, -2 | Buy |
| Stochastics | 75 | Buy |
| CCI | 276 | Buy |
| RSI | 46 | Sell |
| OBV | 7215113 | Sell |
| VWAP | 58 | Buy |
| ADL | 0 | Sell |
| ROC | 12 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short to mid term time period is
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 Strong and stock is gaining 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 HIGHS, which reflects strong buying momentum in short term! 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 SELL signal in short term but selling is losing 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 57.76 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.
Click here for Patel Engg charts
Click here for further forecast and predictions for tomorrow
Stock Exchange charts NSE Stock Exchange BSE Stock Exchange USA Stock Exchange Stock Charts NSE FNO Stock Analysis
BSE Stock Exchange BSE stock market news BSE India intraday tips
MNC.News NASDAQ NSE BSE Money SIP
Munafa NEWSTerms of Use Create Support ticket Your support tickets Powered by ePowerPress Stock Market News! Top Seo SMO © iAmRobos.com2024 All Rights reserved.