(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 2024-11-26 View latest technical analysis
10 day averaged volume of Patel Engg is 881864
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 51.49 | 52.62 | 53.34 | 50.96 | 0.643 times |
| 25 Mon Nov 2024 | 52.48 | 52.90 | 53.64 | 52.03 | 0.222 times |
| 22 Fri Nov 2024 | 51.62 | 51.99 | 52.33 | 51.04 | 0.206 times |
| 21 Thu Nov 2024 | 52.02 | 53.99 | 53.99 | 51.65 | 0.466 times |
| 19 Tue Nov 2024 | 53.24 | 53.49 | 54.40 | 52.71 | 1.117 times |
| 18 Mon Nov 2024 | 52.80 | 51.70 | 53.72 | 51.05 | 1.836 times |
| 14 Thu Nov 2024 | 51.13 | 51.51 | 52.70 | 50.96 | 1.441 times |
| 13 Wed Nov 2024 | 50.17 | 48.47 | 51.92 | 46.92 | 3.435 times |
| 12 Tue Nov 2024 | 49.06 | 50.50 | 50.99 | 48.70 | 0.438 times |
| 11 Mon Nov 2024 | 50.24 | 51.25 | 51.25 | 50.00 | 0.233 times |
My analysis of stock is bullish for shortterm, and stock might move up till 52.4 or till 54. Use a stoploss of 51.14 and if this stock hits its stoploss, then it can fall down till 49.83
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 46.21 |
| Downside Target | 49.91 |
| Downside Target | 50.91 |
| Upside Target | 52.22 |
| Upside Target | 54.40 |
| Upside Target | 55.15 |
| Upside Target | 55.85 |
| 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 | 50.42 |
| Downside Intraday Target | 49.35 |
| Upside Intraday Target | 53.1 |
| Upside Intraday Target | 54.71 |
| Upside Intraday Target | 52.03 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 51.49 | 52.90 | 53.64 | 50.96 | 0.239 times |
| 22 Fri Nov 2024 | 51.62 | 51.70 | 54.40 | 51.04 | 0.654 times |
| 14 Thu Nov 2024 | 51.13 | 51.25 | 52.70 | 46.92 | 2.182 times |
| 08 Fri Nov 2024 | 51.42 | 52.14 | 53.20 | 49.91 | 0.682 times |
| 01 Fri Nov 2024 | 52.04 | 47.65 | 52.22 | 46.21 | 1.108 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 |
| 26 Tue Nov 2024 | 51.49 | 51.56 | 54.40 | 46.92 | 0.937 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 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 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 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 short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below 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 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 51.34 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 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 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 short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below 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 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 51.34 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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