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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 2024-10-01 View latest technical analysis

10 day averaged volume of Prajay Eng is 78435

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	37.37	37.26	38.40	37.26	0.47 times
30 Mon Sep 2024	37.76	38.43	38.50	36.50	0.678 times
27 Fri Sep 2024	37.92	37.60	38.15	36.82	0.529 times
26 Thu Sep 2024	38.05	37.00	38.79	36.50	1.204 times
25 Wed Sep 2024	37.51	39.79	39.79	36.50	1.714 times
24 Tue Sep 2024	38.06	38.56	38.56	37.77	0.481 times
23 Mon Sep 2024	38.43	39.32	40.25	37.95	0.775 times
20 Fri Sep 2024	39.32	40.50	40.50	38.40	1.44 times
19 Thu Sep 2024	40.42	40.43	41.90	39.16	1.543 times
18 Wed Sep 2024	40.81	41.40	41.80	40.21	0.66 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.2, but if it comes above 38.2, then a intra day buy could be more profitable.
If you take a sell trade below 38.2, then use 38.2 as stoploss and 36.5 as target. However if you take a buy trade in stock , then use 38.2 as stoploss and 39.57 as target.

Share price targets for Prajay Eng (PRAENG_BE)

Target Type	Value
Downside Target	25.30
Downside Target	26.70
Downside Target	29.88
Downside Target	36.50
Downside Target	37.26
Upside Target	38.40
Upside Target	39.45
Upside Target	40.25
Upside Target	40.60
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	36.41
Downside Intraday Target	35.46
Upside Intraday Target	38.41
Upside Intraday Target	39.46
Upside Intraday Target	37.46

Weekly technical analysis of Prajay Eng (PRAENG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	37.37	38.43	38.50	36.50	0.244 times
27 Fri Sep 2024	37.92	39.32	40.25	36.50	0.921 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

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
01 Tue Oct 2024	37.37	37.26	38.40	37.26	0.023 times
30 Mon Sep 2024	37.76	42.57	43.00	36.50	20.476 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

Scroll below to view daily charts

Price has moved down 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 neutral. A longer time frame might give a better analysis.

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 in or below the green cloud Prices appear to be coming down

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 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 38.69 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.