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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 2024-03-13 View latest technical analysis

10 day averaged volume of Prajay Eng is 108600

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	23.35	23.40	23.40	23.35	0.17 times
12 Tue Mar 2024	23.80	23.60	23.80	23.60	0.5 times
11 Mon Mar 2024	24.05	24.90	24.90	24.05	0.146 times
07 Thu Mar 2024	24.55	24.50	24.55	24.50	1.304 times
06 Wed Mar 2024	25.00	25.05	25.05	25.00	5.094 times
05 Tue Mar 2024	24.60	24.60	24.60	24.60	1.379 times
04 Mon Mar 2024	24.15	24.15	24.15	24.15	0.824 times
02 Sat Mar 2024	23.70	23.70	23.70	23.70	0.027 times
01 Fri Mar 2024	23.25	23.25	23.25	23.25	0.559 times
29 Thu Feb 2024	22.80	22.80	22.80	22.80	0.076 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 23.3 as stoploss in an intra day buy trade for a target of 24.07. However, stock will show a bearish move below 23.3.

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	22.80
Upside Target	24.15
Upside Target	24.65
Upside Target	24.90
Upside Target	25.05
Upside Target	26.10
Upside Target	26.60

Intraday share price targets for Prajay Eng (PRAENG_BE)

Target Type	Value
Downside Intraday Target	22.83
Downside Intraday Target	22.32
Upside Intraday Target	24.38
Upside Intraday Target	25.42
Upside Intraday Target	23.87

Weekly technical analysis of Prajay Eng (PRAENG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	23.35	24.90	24.90	23.35	0.095 times
07 Thu Mar 2024	24.55	24.15	25.05	24.15	5.597 times
02 Sat Mar 2024	23.70	24.65	24.65	22.80	0.17 times
23 Fri Feb 2024	24.65	24.25	26.60	23.10	0.648 times
16 Fri Feb 2024	23.10	24.30	24.30	19.85	5.417 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 Eng (PRAENG_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	23.35	23.25	25.05	23.25	0.359 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
29 Fri Dec 2023	20.80	17.05	20.80	16.60	0.609 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 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 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 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 Eng stock for short term is SELL. 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.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Prajay Eng 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 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 24.6 and Prajay Eng (PRAENG_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.