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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 2025-05-07 View latest technical analysis

10 day averaged volume of Patel Engineering is 5621380

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed May 2025	43.38	42.25	43.61	41.60	0.674 times
06 Tue May 2025	42.46	45.00	45.00	42.00	1.071 times
05 Mon May 2025	43.00	42.74	43.30	42.26	0.422 times
02 Fri May 2025	42.58	43.00	43.74	41.95	0.494 times
30 Wed Apr 2025	42.66	44.00	44.34	42.30	0.548 times
29 Tue Apr 2025	44.43	45.00	45.70	43.06	0.612 times
28 Mon Apr 2025	44.84	46.00	46.14	44.37	1.058 times
25 Fri Apr 2025	45.35	47.24	48.60	44.25	3.738 times
24 Thu Apr 2025	44.43	43.70	44.95	43.44	0.735 times
23 Wed Apr 2025	43.62	43.90	44.22	42.52	0.534 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 44.3 as stoploss in an intra day sell trade for a target of 42.35. However, stock will show a bullish move above 44.3.

Share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Target	35.68
Downside Target	38.53
Downside Target	40.51
Downside Target	43.19
Upside Target	44.40
Upside Target	45.00
Upside Target	46.14
Upside Target	48.60
Upside Target	48.95
Upside Target	53.70

Intraday share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Intraday Target	41.65
Downside Intraday Target	39.93
Upside Intraday Target	45.05
Upside Intraday Target	46.73
Downside Intraday Target	43.33

Weekly technical analysis of Patel Engineering (PATELENG)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed May 2025	43.38	42.74	45.00	41.60	0.799 times
02 Fri May 2025	42.58	46.00	46.14	41.95	0.433 times
25 Fri Apr 2025	45.35	42.34	48.60	41.96	4.795 times
17 Thu Apr 2025	42.34	40.80	43.19	40.51	0.751 times
11 Fri Apr 2025	39.87	36.50	40.60	35.68	0.843 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 Patel Engineering (PATELENG)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Wed May 2025	43.38	43.00	45.00	41.60	0.196 times
30 Wed Apr 2025	42.66	39.08	48.60	35.68	0.887 times
28 Fri Mar 2025	39.08	43.44	44.40	38.53	1.463 times
28 Fri Feb 2025	43.44	47.75	48.95	41.27	0.807 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 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 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 short to mid 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Patel Engineering in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Patel Engineering Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Patel Engineering in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 44.24 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 positive

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