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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 2024-03-18 View latest technical analysis

10 day averaged volume of Prajay Eng is 112539

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	24.00	24.00	24.00	24.00	1.139 times
15 Fri Mar 2024	23.55	23.55	23.55	22.70	0.108 times
14 Thu Mar 2024	23.10	23.35	23.80	23.10	0.778 times
13 Wed Mar 2024	23.35	23.40	23.40	23.35	0.164 times
12 Tue Mar 2024	23.80	23.60	23.80	23.60	0.483 times
11 Mon Mar 2024	24.05	24.90	24.90	24.05	0.141 times
07 Thu Mar 2024	24.55	24.50	24.55	24.50	1.258 times
06 Wed Mar 2024	25.00	25.05	25.05	25.00	4.915 times
05 Tue Mar 2024	24.60	24.60	24.60	24.60	1.331 times
04 Mon Mar 2024	24.15	24.15	24.15	24.15	0.795 times

My analysis of stock is bearish for shortterm, and stock might move down till 23.3 or till 22.4. Use a stoploss of 24.09 and if the stock hits stoploss, then it can shoot up till 24.87

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	22.70
Downside Target	24.00
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	24
Downside Intraday Target	24
Downside Intraday Target	24
Downside Intraday Target	24
Downside Intraday Target	24

Weekly technical analysis of Prajay Eng (PRAENG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	24.00	24.00	24.00	24.00	0.68 times
15 Fri Mar 2024	23.55	24.90	24.90	22.70	0.202 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

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
18 Mon Mar 2024	24.00	23.25	25.05	22.70	0.434 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Prajay Eng stock for short term is BUY. Signal strength is Weak and stock is losing 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color Prices appear to be moving up

CCI has generated a buy signal for Prajay Eng in short term but BUY signal is weak.

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 24.5 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.