(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 2024-11-06 View latest technical analysis
10 day averaged volume of Patel Engg is 596576
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 52.66 | 50.86 | 52.80 | 50.86 | 0.488 times |
| 05 Tue Nov 2024 | 50.73 | 50.34 | 51.27 | 49.98 | 0.781 times |
| 04 Mon Nov 2024 | 50.37 | 52.14 | 52.14 | 49.91 | 0.435 times |
| 01 Fri Nov 2024 | 52.04 | 51.56 | 52.22 | 51.43 | 0.681 times |
| 31 Thu Oct 2024 | 51.56 | 50.87 | 51.91 | 50.15 | 0.879 times |
| 30 Wed Oct 2024 | 50.87 | 49.55 | 51.30 | 49.14 | 0.835 times |
| 29 Tue Oct 2024 | 49.04 | 48.81 | 49.29 | 48.05 | 1.118 times |
| 28 Mon Oct 2024 | 48.11 | 47.65 | 48.89 | 46.21 | 2 times |
| 25 Fri Oct 2024 | 47.66 | 49.50 | 49.88 | 46.85 | 0.657 times |
| 24 Thu Oct 2024 | 49.47 | 51.00 | 51.48 | 49.32 | 1.42 times |
My analysis of stock is bullish for shortterm, and stock might move up till 54.7 or till 57.7. Use a stoploss of 52.14 and if this stock hits its stoploss, then it can fall down till 49.62
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 46.21 |
| Downside Target | 49.91 |
| Downside Target | 50.91 |
| Downside Target | 52.22 |
| Upside Target | 55.15 |
| Upside Target | 55.85 |
| Upside Target | 56.41 |
| Upside Target | 58.02 |
| Upside Target | 60.00 |
| Upside Target | 62.80 |
| Upside Target | 70.00 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 50.78 |
| Downside Intraday Target | 48.9 |
| Upside Intraday Target | 53.67 |
| Upside Intraday Target | 54.68 |
| Downside Intraday Target | 51.79 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 52.66 | 52.14 | 52.80 | 49.91 | 0.309 times |
| 01 Fri Nov 2024 | 52.04 | 47.65 | 52.22 | 46.21 | 1.108 times |
| 25 Fri Oct 2024 | 47.66 | 54.32 | 55.67 | 46.85 | 1.29 times |
| 18 Fri Oct 2024 | 55.27 | 55.18 | 58.02 | 53.65 | 0.825 times |
| 11 Fri Oct 2024 | 54.67 | 55.72 | 56.41 | 52.25 | 1.269 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 |
| 06 Wed Nov 2024 | 52.66 | 51.56 | 52.80 | 49.91 | 0.116 times |
| 31 Thu Oct 2024 | 51.56 | 57.00 | 58.02 | 46.21 | 0.538 times |
| 30 Mon Sep 2024 | 57.02 | 59.24 | 62.80 | 55.15 | 0.853 times |
| 30 Fri Aug 2024 | 57.24 | 59.65 | 60.00 | 50.91 | 0.836 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 neutral. A longer time frame might give a better analysis.
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 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 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 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 49.82 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 neutral. A longer time frame might give a better analysis.
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 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 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 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 49.82 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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