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(PRAENG) Prajay Engineers complete technical analysis [charts+indicators] | Buy/Sell Prajay Engineers | (PRAENG) share price targets

Complete technical analysis of Prajay Engineers (PRAENG) by charts plus indicators, forecast predictions and share price targets for Prajay Engineers (PRAENG)

Prajay Engineers trades in NSE in Realty sector.

10 day averaged volume of Prajay Engineers is 29301

Date Daily Closing Price Open High Low Volume
16 Fri Apr 2021 7.85 8.40 8.40 7.25 0.669 times
15 Thu Apr 2021 8.05 8.25 8.25 7.80 1.177 times
13 Tue Apr 2021 8.05 8.25 8.30 7.75 1.077 times
12 Mon Apr 2021 7.80 8.05 8.05 7.30 0.503 times
09 Fri Apr 2021 8.30 8.15 8.40 7.80 0.454 times
08 Thu Apr 2021 8.30 7.90 8.30 7.90 2.309 times
07 Wed Apr 2021 7.95 7.95 8.40 7.90 1.523 times
06 Tue Apr 2021 7.95 8.00 8.10 7.90 0.084 times
05 Mon Apr 2021 8.00 8.50 8.50 7.70 0.514 times
01 Thu Apr 2021 8.05 7.80 8.20 7.60 0.582 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 7.8 as stoploss in an intra day buy trade for a target of 7.99. However, stock will show a bearish move below 7.8.

Share price targets for Prajay Engineers (PRAENG)

Target Type Value
Downside Target 6.10
Downside Target 6.35
Downside Target 6.80
Downside Target 7.25
Downside Target 7.50
Upside Target 8.35
Upside Target 8.50
Upside Target 8.60
Upside Target 9.20
Upside Target 9.60
Upside Target 10.60
Upside Target 12.50

Intraday share price targets for Prajay Engineers (PRAENG)

Target Type Value
Downside Intraday Target 7.27
Downside Intraday Target 6.68
Upside Intraday Target 8.42
Upside Intraday Target 8.98
Downside Intraday Target 7.83

Weekly technical analysis of Prajay Engineers (PRAENG)

Date Weekly Closing Price Open High Low Volume
16 Fri Apr 2021 7.85 8.05 8.40 7.25 0.702 times
09 Fri Apr 2021 8.30 8.50 8.50 7.70 1.381 times
01 Thu Apr 2021 8.05 8.00 8.60 7.60 1.103 times
26 Fri Mar 2021 7.50 7.95 8.35 7.50 0.479 times
19 Fri Mar 2021 7.95 8.90 9.20 7.65 1.909 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 Prajay Engineers (PRAENG)

Date Monthly Closing Price Open High Low Volume
16 Fri Apr 2021 7.85 7.80 8.50 7.25 0.399 times
31 Wed Mar 2021 7.80 9.30 9.60 7.50 0.851 times
25 Thu Feb 2021 9.05 9.90 10.60 8.40 0.44 times
16 Wed Dec 2020 11.65 6.60 12.50 6.35 6.117 times

Scroll below to view daily charts

Price has moved up 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 Prajay Engineers (PRAENG)

Indicator Name Indicator Value Indicator Signal
ADX 14, 23, 25 Sell
MACD -0, -0Buy
Stochastics 54None
CCI -107Sell
RSI 60Buy
OBV -114498Sell
VWAP 8Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Prajay Engineers ( (PRAENG) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Prajay Engineers ( (PRAENG) ) 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 Prajay Engineers ( (PRAENG) ) 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 Prajay Engineers ( (PRAENG) ) based on a mid to longer 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

ADX buy sell signal for Prajay Engineers stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Prajay Engineers in short term but the buy signal is initial and weak.

Prajay Engineers 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Prajay Engineers in short term and SELL signal is strong!

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Prajay Engineers is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.08 and Prajay Engineers (PRAENG) 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 Prajay Engineers (PRAENG) stock. Volume based technical analysis of Prajay Engineers (PRAENG) stock is negative.

Prajay Engineers 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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Daily chart
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