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(PATELENG) Patel Engineering complete technical analysis [charts+indicators] | Buy/Sell Patel Engineering | (PATELENG) share price targets

Complete technical analysis of Patel Engineering (PATELENG) by charts plus indicators, forecast predictions and share price targets for Patel Engineering (PATELENG)

Patel Engineering trades in NSE in Construction & Engineering sector.

Showing technical analysis as on 2025-02-20 View latest technical analysis

10 day averaged volume of Patel Engineering is 3836763

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Feb 2025	44.93	44.17	45.22	44.05	0.523 times
19 Wed Feb 2025	44.25	43.00	44.65	42.80	0.678 times
18 Tue Feb 2025	42.91	44.81	45.20	42.60	1.022 times
17 Mon Feb 2025	44.49	44.74	45.60	43.31	1.337 times
14 Fri Feb 2025	44.56	47.80	48.19	44.10	1.177 times
13 Thu Feb 2025	47.73	47.44	48.51	45.68	1.577 times
12 Wed Feb 2025	45.72	44.44	47.53	42.61	2.087 times
11 Tue Feb 2025	44.30	46.50	46.69	43.90	0.782 times
10 Mon Feb 2025	46.70	47.60	47.67	46.51	0.42 times
07 Fri Feb 2025	47.44	48.40	48.40	47.32	0.485 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 44.8 as stoploss in an intra day buy trade for a target of 46.63. However, stock will show a bearish move below 44.8.

Share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Target	42.60
Downside Target	44.61
Upside Target	45.60
Upside Target	48.51
Upside Target	48.95
Upside Target	49.83
Upside Target	50.70
Upside Target	53.70
Upside Target	54.40
Upside Target	58.10
Upside Target	59.55

Intraday share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Intraday Target	43.15
Downside Intraday Target	41.38
Upside Intraday Target	46.15
Upside Intraday Target	47.38
Downside Intraday Target	44.38

Weekly technical analysis of Patel Engineering (PATELENG)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Feb 2025	44.93	44.74	45.60	42.60	0.589 times
14 Fri Feb 2025	44.56	47.60	48.51	42.61	2.521 times
07 Fri Feb 2025	47.44	47.75	48.95	47.12	0.596 times
31 Fri Jan 2025	49.61	49.60	49.83	44.61	1.069 times
24 Fri Jan 2025	49.60	52.20	53.70	48.95	0.901 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 Engineering (PATELENG)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Thu Feb 2025	44.93	47.75	48.95	42.60	0.631 times
31 Fri Jan 2025	49.61	51.97	53.70	44.61	0.759 times
31 Tue Dec 2024	51.97	53.49	59.55	50.70	1.049 times
29 Fri Nov 2024	53.21	51.74	54.40	46.90	0.909 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 Engineering (PATELENG)

Price action analysis of Patel Engineering ( (PATELENG) ) 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 Engineering ( (PATELENG) ) 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 Engineering ( (PATELENG) ) 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 Engineering ( (PATELENG) ) 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 Engineering stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Patel Engineering 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 Engineering 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 Engineering in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Patel Engineering is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 45.32 and Patel Engineering (PATELENG) 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 Engineering (PATELENG) stock. Volume based technical analysis of Patel Engineering (PATELENG) stock is negative.

Patel Engineering 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.