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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)

Showing technical analysis as on 2025-01-31 View latest technical analysis

10 day averaged volume of Patel Engg is 341825

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	49.55	48.06	49.80	47.35	1.402 times
30 Thu Jan 2025	47.55	49.00	49.00	47.37	1.572 times
29 Wed Jan 2025	47.85	47.41	48.64	46.84	0.937 times
28 Tue Jan 2025	46.48	47.06	48.00	44.66	2.336 times
27 Mon Jan 2025	47.33	49.66	49.66	47.15	0.822 times
24 Fri Jan 2025	49.57	50.80	51.29	49.42	0.994 times
23 Thu Jan 2025	50.94	52.26	52.26	50.00	0.914 times
22 Wed Jan 2025	51.26	51.26	51.92	49.70	0.765 times
21 Tue Jan 2025	51.62	53.50	53.50	51.45	0.625 times
20 Mon Jan 2025	52.84	52.53	53.69	51.80	0.611 times

My analysis of stock is bullish for shortterm, and stock might move up till 51.1 or till 53.1. Use a stoploss of 49.53 and if this stock hits its stoploss, then it can fall down till 47.93

Share price targets for Patel Engg (PatelEngg)

Target Type	Value
Downside Target	44.66
Downside Target	46.21
Downside Target	49.42
Upside Target	51.80
Upside Target	52.90
Upside Target	53.69
Upside Target	54.40
Upside Target	55.15
Upside Target	58.02
Upside Target	59.50
Upside Target	62.80

Intraday share price targets for Patel Engg (PatelEngg)

Target Type	Value
Downside Intraday Target	46.21
Downside Intraday Target	42.86
Upside Intraday Target	51.35
Upside Intraday Target	53.14
Downside Intraday Target	48

Weekly technical analysis of Patel Engg (PatelEngg)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	49.55	49.66	49.80	44.66	1.808 times
24 Fri Jan 2025	49.57	52.53	53.69	49.42	0.692 times
17 Fri Jan 2025	51.50	48.96	51.80	47.50	1.153 times
10 Fri Jan 2025	48.33	52.90	52.90	47.55	1.077 times
03 Fri Jan 2025	52.58	52.36	53.56	50.59	1.717 times

Price has moved down 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
31 Fri Jan 2025	49.55	51.71	53.69	44.66	0.868 times
31 Tue Dec 2024	51.94	53.84	59.50	50.59	0.712 times
29 Fri Nov 2024	53.20	51.56	54.40	46.92	1.064 times
31 Thu Oct 2024	51.56	57.00	58.02	46.21	0.538 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 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 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Patel Engg in short term and the sell signal is strong.

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. Bears are weakening, and bulls are picking up momentum!

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 but BUY 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Patel Engg is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 48.84 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 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.