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

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

10 day averaged volume of Prajay Eng is 23977

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	28.30	27.20	28.30	27.20	2.792 times
25 Thu Apr 2024	27.75	27.75	27.75	27.70	1.428 times
24 Wed Apr 2024	27.25	27.20	27.25	27.20	1.662 times
23 Tue Apr 2024	26.75	26.75	26.75	26.75	1.121 times
22 Mon Apr 2024	26.25	26.25	26.25	26.25	0.217 times
19 Fri Apr 2024	25.75	25.70	25.75	25.70	1.275 times
18 Thu Apr 2024	25.25	25.25	25.35	25.25	1.245 times
16 Tue Apr 2024	25.75	25.85	26.05	25.75	0.622 times
15 Mon Apr 2024	26.25	26.25	26.25	26.25	0.053 times
12 Fri Apr 2024	26.75	26.75	26.75	26.75	0.178 times

Stock of Prajay Eng (PRAENG_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 28.5 as stoploss in an intra day sell trade for a target of 26.84. However, stock will show a bullish move above 28.5.

Share price targets for Prajay Eng (PRAENG_BE)

Target Type	Value
Downside Target	16.60
Downside Target	19.85
Downside Target	20.80
Downside Target	21.30
Downside Target	22.65
Downside Target	24.05
Downside Target	25.05
Downside Target	26.10
Downside Target	26.60
Downside Target	26.75
Downside Target	28.30
Upside Target	30.20
Upside Target	30.60

Intraday share price targets for Prajay Eng (PRAENG_BE)

Target Type	Value
Downside Intraday Target	26.93
Downside Intraday Target	25.57
Upside Intraday Target	28.98
Upside Intraday Target	29.67
Downside Intraday Target	27.62

Weekly technical analysis of Prajay Eng (PRAENG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	28.30	26.25	28.30	26.25	2.261 times
19 Fri Apr 2024	25.75	26.25	26.25	25.25	0.257 times
12 Fri Apr 2024	26.75	30.20	30.20	26.75	0.351 times
05 Fri Apr 2024	30.40	24.05	30.60	22.85	2.912 times
28 Thu Mar 2024	24.05	24.00	24.05	23.15	1.267 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 Prajay Eng (PRAENG_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	28.30	24.05	30.60	22.85	0.817 times
28 Thu Mar 2024	24.05	23.25	25.05	22.65	0.564 times
29 Thu Feb 2024	22.80	24.05	26.60	19.85	1.341 times
31 Wed Jan 2024	23.60	21.30	26.10	21.30	1.037 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 Eng (PRAENG_BE)

Price action analysis of Prajay Eng ( (PRAENG_BE) ) 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 Prajay Eng ( (PRAENG_BE) ) 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 Prajay Eng ( (PRAENG_BE) ) 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 Prajay Eng ( (PRAENG_BE) ) based on a mid to longer 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.

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

MACD generated a BUY signal for Prajay Eng in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Prajay Eng 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Prajay Eng in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 Prajay Eng is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27 and Prajay Eng (PRAENG_BE) 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 Prajay Eng (PRAENG_BE) stock. Volume based technical analysis of Prajay Eng (PRAENG_BE) stock is negative.

Prajay Eng Stock is giving positive 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.