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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 2025-05-15 View latest technical analysis

10 day averaged volume of Patel Engineering is 4967444

Date	Daily Closing Price	Open	High	Low	Volume
15 Thu May 2025	42.49	42.40	43.20	42.10	0.928 times
14 Wed May 2025	42.07	42.02	42.65	41.39	1.613 times
13 Tue May 2025	42.37	44.86	46.20	41.10	2.929 times
12 Mon May 2025	44.60	44.00	45.00	43.10	0.8 times
09 Fri May 2025	41.47	40.00	41.75	39.72	0.555 times
08 Thu May 2025	41.93	43.51	43.90	41.00	0.471 times
07 Wed May 2025	43.38	42.25	43.61	41.60	0.763 times
06 Tue May 2025	42.46	45.00	45.00	42.00	1.212 times
05 Mon May 2025	43.00	42.74	43.30	42.26	0.478 times
02 Fri May 2025	42.58	43.00	43.74	41.95	0.559 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 42.1 as stoploss in an intra day buy trade for a target of 43.17. However, stock will show a bearish move below 42.1.

Share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Target	35.68
Downside Target	38.53
Downside Target	39.72
Upside Target	43.19
Upside Target	44.40
Upside Target	46.14
Upside Target	46.20
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	40.33
Downside Intraday Target	38.16
Upside Intraday Target	45.43
Upside Intraday Target	48.36
Upside Intraday Target	43.26

Weekly technical analysis of Patel Engineering (PATELENG)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Thu May 2025	42.49	44.00	46.20	41.10	1.802 times
09 Fri May 2025	41.47	42.74	45.00	39.72	1.133 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Patel Engineering (PATELENG)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Thu May 2025	42.49	43.00	46.20	39.72	0.67 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Patel Engineering in short term and the sell signal is strong.

Patel Engineering Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 42.56 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 positive

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