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(PATELENG) Patel Engineering complete technical analysis [charts+indicators] | Buy/Sell Patel Engineering | (PATELENG) share price targets

Complete technical analysis of Patel Engineering (PATELENG) by charts plus indicators, forecast predictions and share price targets for Patel Engineering (PATELENG)

Patel Engineering trades in NSE in Construction & Engineering sector.

Showing technical analysis as on 2025-02-04 View latest technical analysis

10 day averaged volume of Patel Engineering is 2767072

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	47.79	47.69	48.34	47.12	0.694 times
03 Mon Feb 2025	47.35	47.75	48.40	47.12	0.633 times
31 Fri Jan 2025	49.61	47.50	49.83	47.44	1.011 times
30 Thu Jan 2025	47.55	48.83	48.90	47.20	0.704 times
29 Wed Jan 2025	47.84	46.70	48.62	46.70	0.81 times
28 Tue Jan 2025	46.48	47.31	47.96	44.61	1.813 times
27 Mon Jan 2025	47.32	49.60	49.61	47.10	1.238 times
24 Fri Jan 2025	49.60	50.85	51.26	49.50	0.678 times
23 Thu Jan 2025	50.77	51.24	52.00	48.95	0.797 times
22 Wed Jan 2025	51.24	51.69	51.95	49.67	1.192 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 47.6 as stoploss in an intra day buy trade for a target of 49.29. However, stock will show a bearish move below 47.6.

Share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Target	44.61
Downside Target	46.25
Upside Target	49.83
Upside Target	50.70
Upside Target	51.83
Upside Target	52.80
Upside Target	53.70
Upside Target	54.40
Upside Target	58.10
Upside Target	59.55

Intraday share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Intraday Target	47.14
Downside Intraday Target	46.49
Upside Intraday Target	48.42
Upside Intraday Target	49.05
Downside Intraday Target	47.77

Weekly technical analysis of Patel Engineering (PATELENG)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	47.79	47.75	48.40	47.12	0.238 times
31 Fri Jan 2025	49.61	49.60	49.83	44.61	1.069 times
24 Fri Jan 2025	49.60	52.20	53.70	48.95	0.901 times
17 Fri Jan 2025	51.55	48.29	51.83	47.50	0.814 times
10 Fri Jan 2025	48.28	52.65	52.80	47.51	1.629 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 Patel Engineering (PATELENG)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	47.79	47.75	48.40	47.12	0.05 times
31 Fri Jan 2025	49.61	51.97	53.70	44.61	0.759 times
31 Tue Dec 2024	51.97	53.49	59.55	50.70	1.049 times
29 Fri Nov 2024	53.21	51.74	54.40	46.90	0.909 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 Patel Engineering (PATELENG)

Price action analysis of Patel Engineering ( (PATELENG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Patel Engineering ( (PATELENG) ) 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 Patel Engineering ( (PATELENG) ) 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 Patel Engineering ( (PATELENG) ) 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 Patel Engineering stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Patel Engineering in short term and the sell signal is strong.

Patel Engineering 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Patel Engineering in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Patel Engineering is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 48.44 and Patel Engineering (PATELENG) 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 Patel Engineering (PATELENG) stock. Volume based technical analysis of Patel Engineering (PATELENG) stock is negative.

Patel Engineering Stock has given negative 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.