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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 2025-06-02 View latest technical analysis

10 day averaged volume of Patel Engineering is 5576288

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Jun 2025	41.80	40.48	42.40	40.30	1.401 times
30 Fri May 2025	40.23	41.02	41.23	39.80	2.264 times
29 Thu May 2025	41.06	41.00	41.40	40.85	0.704 times
28 Wed May 2025	41.21	41.55	41.55	41.09	0.633 times
27 Tue May 2025	41.53	42.00	42.09	41.22	0.83 times
26 Mon May 2025	41.91	42.20	43.20	41.72	1.321 times
23 Fri May 2025	41.86	41.95	42.30	41.45	0.963 times
22 Thu May 2025	41.89	42.43	42.49	41.62	0.608 times
21 Wed May 2025	42.33	42.75	42.90	41.50	0.962 times
20 Tue May 2025	42.23	43.86	43.86	42.05	0.861 times

My analysis of stock is bearish for shortterm, and stock might move down till 41.2 or till 40.1. Use a stoploss of 42.18 and if the stock hits stoploss, then it can shoot up till 43.13

Share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Target	35.68
Downside Target	38.53
Downside Target	39.72
Upside Target	42.40
Upside Target	43.20
Upside Target	44.05
Upside Target	44.40
Upside Target	45.00
Upside Target	46.20
Upside Target	48.60
Upside Target	48.95

Intraday share price targets for Patel Engineering (PATELENG)

Target Type	Value
Downside Intraday Target	40.6
Downside Intraday Target	39.4
Upside Intraday Target	42.7
Upside Intraday Target	43.6
Downside Intraday Target	41.5

Weekly technical analysis of Patel Engineering (PATELENG)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Jun 2025	41.80	40.48	42.40	40.30	0.244 times
30 Fri May 2025	40.23	42.20	43.20	39.80	1.354 times
23 Fri May 2025	41.86	43.48	44.05	41.45	0.601 times
16 Fri May 2025	43.13	44.00	46.20	41.10	2.281 times
09 Fri May 2025	41.47	42.74	45.00	39.72	1.133 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
02 Mon Jun 2025	41.80	40.48	42.40	40.30	0.068 times
30 Fri May 2025	40.23	43.00	46.20	39.72	1.508 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

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 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Patel Engineering in short term and the sell 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 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 BUY signal in short term and the buying is gaining 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 41.46 and Patel Engineering (PATELENG) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.