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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 2025-05-02 View latest technical analysis

10 day averaged volume of Patel Engineering is 5301972

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri May 2025	42.58	43.00	43.74	41.95	0.523 times
30 Wed Apr 2025	42.66	44.00	44.34	42.30	0.581 times
29 Tue Apr 2025	44.43	45.00	45.70	43.06	0.649 times
28 Mon Apr 2025	44.84	46.00	46.14	44.37	1.122 times
25 Fri Apr 2025	45.35	47.24	48.60	44.25	3.964 times
24 Thu Apr 2025	44.43	43.70	44.95	43.44	0.78 times
23 Wed Apr 2025	43.62	43.90	44.22	42.52	0.567 times
22 Tue Apr 2025	43.58	43.20	44.55	42.80	0.833 times
21 Mon Apr 2025	43.18	42.34	43.49	41.96	0.501 times
17 Thu Apr 2025	42.34	42.54	42.80	41.80	0.356 times

My analysis of stock is bullish for shortterm, and stock might move up till 44 or till 46.4. Use a stoploss of 42.05 and if this stock hits its stoploss, then it can fall down till 40.08

Share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Target	35.68
Downside Target	38.53
Downside Target	40.51
Upside Target	43.19
Upside Target	43.74
Upside Target	44.40
Upside Target	44.61
Upside Target	46.14
Upside Target	48.60
Upside Target	48.95
Upside Target	53.70

Intraday share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Intraday Target	40.97
Downside Intraday Target	39.37
Upside Intraday Target	45.16
Upside Intraday Target	47.75
Upside Intraday Target	43.56

Weekly technical analysis of Patel Engineering (PATELENG)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri May 2025	42.58	46.00	46.14	41.95	0.433 times
25 Fri Apr 2025	45.35	42.34	48.60	41.96	4.795 times
17 Thu Apr 2025	42.34	40.80	43.19	40.51	0.751 times
11 Fri Apr 2025	39.87	36.50	40.60	35.68	0.843 times
04 Fri Apr 2025	40.03	39.08	41.92	39.08	0.383 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 Engineering (PATELENG)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri May 2025	42.58	43.00	43.74	41.95	0.036 times
30 Wed Apr 2025	42.66	39.08	48.60	35.68	0.887 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

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 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 Engineering ( (PATELENG) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Patel Engineering ( (PATELENG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Patel Engineering in short term and the buy signal is strong.

Patel Engineering 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Patel Engineering 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 44.39 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.