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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)

Showing technical analysis as on 2024-02-21 View latest technical analysis

10 day averaged volume of Prajay Eng is 227281

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	25.60	26.55	26.60	24.20	0.989 times
20 Tue Feb 2024	25.45	25.00	25.45	25.00	1.534 times
19 Mon Feb 2024	24.25	24.25	24.25	23.10	1.245 times
16 Fri Feb 2024	23.10	23.30	23.95	22.25	0.673 times
15 Thu Feb 2024	22.95	21.10	22.95	21.10	1.797 times
14 Wed Feb 2024	21.90	19.85	21.90	19.85	2.591 times
13 Tue Feb 2024	20.90	21.45	21.85	20.90	0.333 times
12 Mon Feb 2024	22.00	24.30	24.30	22.00	1.27 times
09 Fri Feb 2024	23.15	23.15	23.15	23.15	0.099 times
08 Thu Feb 2024	23.60	23.75	23.75	23.60	0.172 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 26.1, for a target of 24.7 or 23.43

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	24.30
Downside Target	24.50
Downside Target	25.40
Upside Target	26.10
Upside Target	26.60

Intraday share price targets for Prajay Eng (PRAENG_BE)

Target Type	Value
Downside Intraday Target	23.6
Downside Intraday Target	21.6
Upside Intraday Target	27.1
Upside Intraday Target	28.6
Downside Intraday Target	25.1

Weekly technical analysis of Prajay Eng (PRAENG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	25.60	24.25	26.60	23.10	0.565 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
21 Wed Feb 2024	25.60	24.05	26.60	19.85	1.24 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 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 to mid 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 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

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 23.3 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.