(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 264133
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue Jan 2025 | 46.48 | 47.06 | 48.00 | 44.66 | 3.023 times |
| 27 Mon Jan 2025 | 47.33 | 49.66 | 49.66 | 47.15 | 1.064 times |
| 24 Fri Jan 2025 | 49.57 | 50.80 | 51.29 | 49.42 | 1.286 times |
| 23 Thu Jan 2025 | 50.94 | 52.26 | 52.26 | 50.00 | 1.183 times |
| 22 Wed Jan 2025 | 51.26 | 51.26 | 51.92 | 49.70 | 0.99 times |
| 21 Tue Jan 2025 | 51.62 | 53.50 | 53.50 | 51.45 | 0.809 times |
| 20 Mon Jan 2025 | 52.84 | 52.53 | 53.69 | 51.80 | 0.791 times |
| 17 Fri Jan 2025 | 51.50 | 50.83 | 51.80 | 50.24 | 0.549 times |
| 16 Thu Jan 2025 | 50.62 | 49.93 | 50.86 | 49.65 | 1.485 times |
| 15 Wed Jan 2025 | 49.43 | 50.19 | 50.19 | 49.10 | 0.511 times |
Stock of Patel Engg (PatelEngg) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 46.2, for a target of 48.4 or 50.16
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 44.66 |
| Downside Target | 46.21 |
| Upside 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 | 44.21 |
| Downside Intraday Target | 41.93 |
| Upside Intraday Target | 49.21 |
| Upside Intraday Target | 51.93 |
| Upside Intraday Target | 46.93 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue Jan 2025 | 46.48 | 49.66 | 49.66 | 44.66 | 0.808 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, 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 |
| 28 Tue Jan 2025 | 46.48 | 51.71 | 53.69 | 44.66 | 0.725 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Patel Engg ( (PatelEngg) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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.
Patel Engg Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 and SELL 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 49.43 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.
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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Patel Engg ( (PatelEngg) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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.
Patel Engg Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 and SELL 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 49.43 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.
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