(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 7635281
Date | Daily Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 56.90 | 57.90 | 59.10 | 56.50 | 0.693 times |
27 Wed Mar 2024 | 57.40 | 56.60 | 58.60 | 55.85 | 1.017 times |
26 Tue Mar 2024 | 56.15 | 56.75 | 57.90 | 55.80 | 0.644 times |
22 Fri Mar 2024 | 56.85 | 56.80 | 57.45 | 55.75 | 0.783 times |
21 Thu Mar 2024 | 56.55 | 56.45 | 58.20 | 55.65 | 0.958 times |
20 Wed Mar 2024 | 55.30 | 55.20 | 55.90 | 52.95 | 0.787 times |
19 Tue Mar 2024 | 54.85 | 56.25 | 56.25 | 54.40 | 0.721 times |
18 Mon Mar 2024 | 56.15 | 56.75 | 58.00 | 54.80 | 0.86 times |
15 Fri Mar 2024 | 55.65 | 56.40 | 57.50 | 54.15 | 1.083 times |
14 Thu Mar 2024 | 55.95 | 51.50 | 56.70 | 51.05 | 1.517 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 54.6 as stoploss in an intra day buy trade for a target of 59.92. However, stock will show a bearish move below 54.6.
Share price targets for Patel Engineering (PATELENG)
Target Type | Value |
Downside Target | 46.35 |
Downside Target | 48.65 |
Downside Target | 51.05 |
Downside Target | 52.95 |
Downside Target | 55.20 |
Upside Target | 58.20 |
Upside Target | 61.65 |
Upside Target | 63.95 |
Upside Target | 69.70 |
Upside Target | 70.75 |
Upside Target | 71.60 |
Upside Target | 75.00 |
Upside Target | 79.00 |
Intraday share price targets for Patel Engineering (PATELENG)
Target Type | Value |
Downside Intraday Target | 55.43 |
Downside Intraday Target | 53.97 |
Upside Intraday Target | 58.73 |
Upside Intraday Target | 60.57 |
Upside Intraday Target | 57.27 |
Weekly technical analysis of Patel Engineering (PATELENG)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 56.90 | 56.75 | 59.10 | 55.80 | 0.573 times |
22 Fri Mar 2024 | 56.85 | 56.75 | 58.20 | 52.95 | 0.648 times |
15 Fri Mar 2024 | 55.65 | 63.75 | 64.70 | 51.05 | 1.884 times |
07 Thu Mar 2024 | 63.45 | 70.50 | 71.60 | 61.65 | 0.545 times |
02 Sat Mar 2024 | 67.95 | 71.10 | 75.00 | 65.10 | 1.203 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 |
28 Thu Mar 2024 | 56.90 | 69.00 | 71.60 | 51.05 | 0.489 times |
29 Thu Feb 2024 | 67.85 | 70.00 | 79.00 | 63.95 | 1.545 times |
31 Wed Jan 2024 | 69.05 | 61.70 | 70.75 | 58.20 | 0.737 times |
29 Fri Dec 2023 | 60.15 | 49.05 | 69.70 | 48.65 | 3.259 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 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 short 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Patel Engineering in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 56.18 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 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 short 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Patel Engineering in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 56.18 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
Click here for further forecast and predictions for tomorrow
Daily charts
COMMODITY Gainers BSE Gainers BSE Losers BSE Scanner CLOSED NEAR HIGH BSE Scanner CLOSED NEAR LOW USA Gainers USA Losers USA Scanner CLOSED NEAR HIGH USA Scanner CLOSED NEAR LOW USA Scanner UPTRENDING USA Scanner DOWNTRENDING
Munafa NEWSTerms of Use Stock Market News! © munafa.org2024 All Rights reserved.