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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.

10 day averaged volume of Patel Engineering is 3861177

Date Daily Closing Price Open High Low Volume
08 Fri Nov 2024 51.50 51.50 52.30 50.69 0.793 times
07 Thu Nov 2024 51.67 52.64 53.25 51.52 1.114 times
06 Wed Nov 2024 52.64 51.00 52.75 50.83 0.999 times
05 Tue Nov 2024 50.80 49.98 51.25 49.84 0.705 times
04 Mon Nov 2024 50.36 52.08 52.09 49.90 0.878 times
01 Fri Nov 2024 52.08 51.74 52.28 51.42 0.317 times
31 Thu Oct 2024 51.56 50.82 51.92 50.12 0.854 times
30 Wed Oct 2024 50.82 49.19 51.32 49.07 1.104 times
29 Tue Oct 2024 49.06 48.44 49.29 48.08 0.768 times
28 Mon Oct 2024 48.10 47.71 48.90 46.25 1.534 times

My analysis of stock is bearish for shortterm, and stock might move down till 49.5 or till 46.7. Use a stoploss of 51.8 and if the stock hits stoploss, then it can shoot up till 54.13

Share price targets for Patel Engineering (PATELENG)

Target Type Value
Downside Target 46.25
Downside Target 49.84
Downside Target 50.96
Upside Target 52.21
Upside Target 55.12
Upside Target 55.84
Upside Target 56.47
Upside Target 58.10
Upside Target 59.98
Upside Target 62.80
Upside Target 70.00

Intraday share price targets for Patel Engineering (PATELENG)

Target Type Value
Downside Intraday Target 49.81
Downside Intraday Target 48.12
Upside Intraday Target 53.22
Upside Intraday Target 54.94
Upside Intraday Target 51.53

Weekly technical analysis of Patel Engineering (PATELENG)

Date Weekly Closing Price Open High Low Volume
08 Fri Nov 2024 51.50 52.08 53.25 49.84 0.981 times
01 Fri Nov 2024 52.08 47.71 52.28 46.25 0.666 times
25 Fri Oct 2024 47.64 55.48 55.76 46.86 1.084 times
18 Fri Oct 2024 55.26 54.80 58.10 53.51 1.327 times
11 Fri Oct 2024 54.62 56.19 56.47 52.21 0.986 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
08 Fri Nov 2024 51.50 51.74 53.25 49.84 0.184 times
31 Thu Oct 2024 51.56 56.99 58.10 46.25 0.61 times
30 Mon Sep 2024 57.00 59.50 62.80 55.12 1.001 times
30 Fri Aug 2024 57.21 59.70 59.98 50.96 0.76 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Patel Engineering ( (PATELENG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining 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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 Engineering in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 50.64 and Patel Engineering (PATELENG) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

Price action analysis of Patel Engineering ( (PATELENG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Patel Engineering ( (PATELENG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining 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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 Engineering in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 50.64 and Patel Engineering (PATELENG) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

Click here for Patel Engineering charts

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Daily charts

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