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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 2025-03-05 View latest technical analysis

10 day averaged volume of Patel Engg is 427630

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Mar 2025	42.32	41.97	42.48	41.45	0.609 times
04 Tue Mar 2025	41.40	40.51	42.58	40.51	0.812 times
03 Mon Mar 2025	41.23	43.73	43.86	40.46	2.091 times
28 Fri Feb 2025	43.45	42.00	43.88	41.30	1.755 times
27 Thu Feb 2025	42.37	44.19	44.19	42.10	0.378 times
25 Tue Feb 2025	43.52	44.00	44.63	43.30	0.517 times
24 Mon Feb 2025	43.99	44.50	44.60	43.61	0.234 times
21 Fri Feb 2025	44.91	45.24	46.20	44.73	0.42 times
20 Thu Feb 2025	44.87	44.30	45.25	44.10	0.69 times
19 Wed Feb 2025	44.25	43.49	44.65	42.80	1.038 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.6, but if it comes above 42.6, then a intra day buy could be more profitable.
If you take a sell trade below 42.6, then use 42.6 as stoploss and 40.1 as target. However if you take a buy trade in stock , then use 42.6 as stoploss and 44.62 as target.

Share price targets for Patel Engg (PatelEngg)

Target Type	Value
Downside Target	40.46
Downside Target	41.30
Upside Target	42.51
Upside Target	43.86
Upside Target	46.20
Upside Target	48.50
Upside Target	48.89
Upside Target	50.59
Upside Target	53.69
Upside Target	54.40
Upside Target	59.50

Intraday share price targets for Patel Engg (PatelEngg)

Target Type	Value
Downside Intraday Target	40.57
Downside Intraday Target	38.81
Upside Intraday Target	43.97
Upside Intraday Target	45.61
Downside Intraday Target	42.21

Weekly technical analysis of Patel Engg (PatelEngg)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Mar 2025	42.32	43.73	43.86	40.46	1.218 times
28 Fri Feb 2025	43.45	44.50	44.63	41.30	0.505 times
21 Fri Feb 2025	44.91	44.65	46.20	42.61	0.738 times
14 Fri Feb 2025	44.63	47.50	48.50	42.51	2.411 times
07 Fri Feb 2025	47.42	48.00	48.89	47.10	0.568 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
05 Wed Mar 2025	42.32	43.73	43.86	40.46	0.18 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
31 Tue Dec 2024	51.94	53.84	59.50	50.59	0.712 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 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 gaining 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 SELL signal in short term but selling is losing 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 42.89 and Patel Engg (PatelEngg) stock is trading below this level. This means that stock is falling with high volumes. 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.