Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

Showing technical analysis as on 2024-02-19 View latest technical analysis

10 day averaged volume of Prajay Eng is 179401

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	24.25	24.25	24.25	23.10	1.578 times
16 Fri Feb 2024	23.10	23.30	23.95	22.25	0.853 times
15 Thu Feb 2024	22.95	21.10	22.95	21.10	2.276 times
14 Wed Feb 2024	21.90	19.85	21.90	19.85	3.283 times
13 Tue Feb 2024	20.90	21.45	21.85	20.90	0.421 times
12 Mon Feb 2024	22.00	24.30	24.30	22.00	1.609 times
09 Fri Feb 2024	23.15	23.15	23.15	23.15	0.126 times
08 Thu Feb 2024	23.60	23.75	23.75	23.60	0.218 times
07 Wed Feb 2024	24.05	24.55	25.00	24.05	0.363 times
06 Tue Feb 2024	24.55	25.40	25.40	24.50	0.632 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 24.2, but if it comes below 24.2, then a intra day sell could be more profitable.
If you take a sell trade below 24.2, then use 24.2 as stoploss and 23.14 as target. However if you take a buy trade in stock , then use 24.2 as stoploss and 25.4 as target.

Share price targets for Prajay Eng (PRAENG_BE)

Target Type	Value
Downside Target	16.60
Downside Target	17.90
Downside Target	19.85
Downside Target	20.80
Downside Target	21.30
Downside Target	22.70
Downside Target	23.15
Downside Target	24.25
Upside Target	24.30
Upside Target	24.50
Upside Target	25.40
Upside Target	26.10

Intraday share price targets for Prajay Eng (PRAENG_BE)

Target Type	Value
Downside Intraday Target	23.48
Downside Intraday Target	22.72
Upside Intraday Target	24.63
Upside Intraday Target	25.02
Downside Intraday Target	23.87

Weekly technical analysis of Prajay Eng (PRAENG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	24.25	24.25	24.25	23.10	0.187 times
16 Fri Feb 2024	23.10	24.30	24.30	19.85	5.417 times
09 Fri Feb 2024	23.15	24.95	25.40	23.15	0.973 times
02 Fri Feb 2024	24.50	22.70	24.50	22.70	0.512 times
25 Thu Jan 2024	22.30	22.80	22.80	21.90	1.948 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 Prajay Eng (PRAENG_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	24.25	24.05	25.40	19.85	0.986 times
31 Wed Jan 2024	23.60	21.30	26.10	21.30	1.037 times
29 Fri Dec 2023	20.80	17.05	20.80	16.60	0.609 times
30 Thu Nov 2023	17.05	18.05	21.60	16.70	2.01 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 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Prajay Eng in short term but the sell signal is initial and weak.

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

Prajay Eng 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 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Prajay Eng is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.77 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 has given negative 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.