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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 2024-10-31 View latest technical analysis

10 day averaged volume of Prajay Eng is 52877

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	36.88	36.99	37.10	35.01	1.123 times
30 Wed Oct 2024	35.44	33.05	35.44	33.05	0.151 times
29 Tue Oct 2024	33.76	33.20	34.65	33.01	0.327 times
28 Mon Oct 2024	33.59	33.70	34.78	32.36	0.346 times
25 Fri Oct 2024	33.83	32.28	33.89	31.26	2.779 times
24 Thu Oct 2024	32.28	32.63	33.37	31.70	0.781 times
23 Wed Oct 2024	32.63	32.04	32.63	30.00	0.854 times
22 Tue Oct 2024	31.08	33.45	33.79	31.05	2.26 times
21 Mon Oct 2024	32.69	34.20	35.20	32.62	0.882 times
18 Fri Oct 2024	34.11	35.00	35.00	33.10	0.564 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 36, but if it comes below 36, then a intra day sell could be more profitable.
If you take a sell trade below 36, then use 36 as stoploss and 34.46 as target. However if you take a buy trade in stock , then use 36 as stoploss and 37.7 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	32.19
Downside Target	33.10
Downside Target	35.20
Downside Target	36.50
Upside Target	37.50
Upside Target	38.40
Upside Target	38.50
Upside Target	40.60
Upside Target	43.00
Upside Target	43.40

Intraday share price targets for Prajay Eng (PRAENG_BE)

Target Type	Value
Downside Intraday Target	33.79
Downside Intraday Target	30.71
Upside Intraday Target	38.53
Upside Intraday Target	40.19
Downside Intraday Target	35.45

Weekly technical analysis of Prajay Eng (PRAENG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	36.88	33.70	37.10	32.36	0.258 times
25 Fri Oct 2024	33.83	34.20	35.20	30.00	2.101 times
18 Fri Oct 2024	34.11	37.19	37.19	33.10	0.829 times
11 Fri Oct 2024	35.85	35.57	37.50	32.19	0.854 times
04 Fri Oct 2024	35.56	38.43	38.50	35.42	0.728 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
31 Thu Oct 2024	36.88	37.26	38.40	30.00	0.721 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 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 neutral. A longer time frame might give a better analysis.

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 gaining momentum.

MACD generated a BUY signal for Prajay Eng in short term but the buy 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 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 red color and prices are in or above the red 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 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 33.26 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 negative.

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