Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 480305

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Apr 2025	42.33	42.94	42.94	41.64	0.633 times
16 Wed Apr 2025	42.58	41.76	43.15	41.47	1.108 times
15 Tue Apr 2025	41.40	40.69	41.75	40.51	1.092 times
11 Fri Apr 2025	39.88	40.72	40.72	39.53	0.583 times
09 Wed Apr 2025	39.35	39.87	39.87	39.00	0.448 times
08 Tue Apr 2025	39.89	39.57	40.15	39.35	0.712 times
04 Fri Apr 2025	40.06	41.76	41.81	39.85	0.375 times
02 Wed Apr 2025	40.72	40.68	40.97	39.41	0.353 times
01 Tue Apr 2025	40.26	39.03	40.49	39.03	1.22 times
28 Fri Mar 2025	39.08	40.64	41.28	39.00	1.039 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.1, but if it comes below 42.1, then a intra day sell could be more profitable.
If you take a sell trade below 42.1, then use 42.1 as stoploss and 40.8 as target. However if you take a buy trade in stock , then use 42.1 as stoploss and 43.6 as target.

Share price targets for Patel Engg (PatelEngg)

Target Type	Value
Downside Target	38.40
Downside Target	40.51
Upside Target	43.15
Upside Target	43.57
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	40.84
Downside Intraday Target	39.36
Upside Intraday Target	43.48
Upside Intraday Target	44.64
Downside Intraday Target	42

Weekly technical analysis of Patel Engg (PatelEngg)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Apr 2025	42.33	40.69	43.15	40.51	1.626 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Patel Engg (PatelEngg)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Thu Apr 2025	42.33	39.03	43.15	39.00	0.288 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 coming down

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

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

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 40.67 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.