(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.
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Daily charts
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