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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 2025-04-02 View latest technical analysis

10 day averaged volume of Patel Engineering is 4985607

Date	Daily Closing Price	Open	High	Low	Volume
02 Wed Apr 2025	40.75	40.30	40.99	39.45	0.534 times
01 Tue Apr 2025	40.28	39.08	40.50	39.08	0.49 times
28 Fri Mar 2025	39.08	40.55	41.30	39.00	1.477 times
27 Thu Mar 2025	40.18	39.20	40.92	39.15	1.546 times
26 Wed Mar 2025	39.59	41.35	41.68	39.32	1.168 times
25 Tue Mar 2025	41.35	43.96	44.09	41.00	1.058 times
24 Mon Mar 2025	43.27	43.50	44.40	43.15	0.825 times
21 Fri Mar 2025	43.21	41.50	43.60	41.50	1.197 times
20 Thu Mar 2025	41.49	42.49	42.80	41.40	0.642 times
19 Wed Mar 2025	41.40	40.57	41.75	40.43	0.823 times

My analysis of stock is bearish for shortterm, and stock might move down till 39.8 or till 38.2. Use a stoploss of 41.17 and if the stock hits stoploss, then it can shoot up till 42.5

Share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Target	38.53
Downside Target	40.20
Upside Target	43.60
Upside Target	44.10
Upside Target	44.40
Upside Target	44.61
Upside Target	48.95
Upside Target	50.70
Upside Target	53.70
Upside Target	59.55

Intraday share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Intraday Target	39.56
Downside Intraday Target	38.36
Upside Intraday Target	41.47
Upside Intraday Target	42.18
Downside Intraday Target	40.27

Weekly technical analysis of Patel Engineering (PATELENG)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Wed Apr 2025	40.75	39.08	40.99	39.08	0.169 times
28 Fri Mar 2025	39.08	43.50	44.40	39.00	1.342 times
21 Fri Mar 2025	43.21	40.78	43.60	38.53	1.447 times
13 Thu Mar 2025	40.24	43.01	43.81	40.20	0.882 times
07 Fri Mar 2025	43.48	43.44	44.10	40.46	1.675 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
02 Wed Apr 2025	40.75	39.08	40.99	39.08	0.059 times
28 Fri Mar 2025	39.08	43.44	44.40	38.53	1.463 times
28 Fri Feb 2025	43.44	47.75	48.95	41.27	0.807 times
31 Fri Jan 2025	49.61	51.97	53.70	44.61	0.759 times

Scroll below to view daily charts

Price has moved up 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Patel Engineering 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 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

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 40.93 and Patel Engineering (PATELENG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 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.