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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 2024-09-23 View latest technical analysis

10 day averaged volume of Prajay Eng is 69658

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	38.43	39.32	40.25	37.95	0.872 times
20 Fri Sep 2024	39.32	40.50	40.50	38.40	1.622 times
19 Thu Sep 2024	40.42	40.43	41.90	39.16	1.737 times
18 Wed Sep 2024	40.81	41.40	41.80	40.21	0.743 times
17 Tue Sep 2024	40.59	39.70	41.75	38.55	1.098 times
16 Mon Sep 2024	39.77	38.70	41.20	38.70	0.549 times
13 Fri Sep 2024	40.41	41.49	41.49	40.00	0.394 times
12 Thu Sep 2024	40.54	40.89	41.36	40.20	0.761 times
11 Wed Sep 2024	40.06	40.30	41.49	39.45	1.139 times
10 Tue Sep 2024	40.73	41.67	41.67	40.00	0.864 times

My analysis of stock is bearish for shortterm, and stock might move down till 34.5 or till 29.3. Use a stoploss of 38.83 and if the stock hits stoploss, then it can shoot up till 43.15

Share price targets for Prajay Eng (PRAENG_BE)

Target Type	Value
Downside Target	22.85
Downside Target	25.30
Downside Target	26.70
Downside Target	29.88
Downside Target	30.60
Downside Target	37.95
Upside Target	39.45
Upside Target	40.25
Upside Target	41.84
Upside Target	41.90
Upside Target	43.00
Upside Target	43.40

Intraday share price targets for Prajay Eng (PRAENG_BE)

Target Type	Value
Downside Intraday Target	37.5
Downside Intraday Target	36.58
Upside Intraday Target	39.8
Upside Intraday Target	41.18
Upside Intraday Target	38.88

Weekly technical analysis of Prajay Eng (PRAENG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	38.43	39.32	40.25	37.95	0.152 times
20 Fri Sep 2024	39.32	38.70	41.90	38.40	1.353 times
13 Fri Sep 2024	40.41	41.34	41.84	39.45	0.646 times
06 Fri Sep 2024	40.54	42.57	43.00	38.41	5.952 times
30 Fri Aug 2024	42.57	41.85	43.40	40.60	0.042 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
23 Mon Sep 2024	38.43	42.57	43.00	37.95	15.785 times
30 Fri Aug 2024	42.57	41.85	43.40	40.60	0.029 times
14 Fri Jun 2024	29.02	26.05	29.88	25.30	2.99 times
31 Fri May 2024	26.75	28.30	29.90	26.70	0.612 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above 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 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 40.07 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 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.