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(PRAENG) Prajay Engineers complete technical analysis [charts+indicators] | Buy/Sell Prajay Engineers | (PRAENG) share price targets

Complete technical analysis of Prajay Engineers (PRAENG) by charts plus indicators, forecast predictions and share price targets for Prajay Engineers (PRAENG)

Prajay Engineers trades in NSE in Realty sector.

Showing technical analysis as on 2024-08-19 View latest technical analysis

10 day averaged volume of Prajay Engineers is 320932

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	34.89	34.10	35.18	34.00	0.542 times
16 Fri Aug 2024	33.51	32.00	34.10	32.00	0.945 times
14 Wed Aug 2024	32.48	33.50	33.83	31.61	0.592 times
13 Tue Aug 2024	33.25	34.20	35.87	33.12	0.762 times
12 Mon Aug 2024	34.87	35.23	35.99	34.50	0.269 times
09 Fri Aug 2024	35.23	38.48	38.48	35.23	0.975 times
08 Thu Aug 2024	37.09	37.70	38.75	37.09	1.715 times
07 Wed Aug 2024	39.05	39.90	40.01	38.00	0.826 times
06 Tue Aug 2024	38.48	39.88	39.96	36.56	1.196 times
05 Mon Aug 2024	38.06	35.78	39.55	35.78	1.949 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 34 as stoploss in an intra day buy trade for a target of 36.92. However, stock will show a bearish move below 34.

Share price targets for Prajay Engineers (PRAENG)

Target Type	Value
Downside Target	13.00
Downside Target	16.00
Downside Target	20.95
Downside Target	29.10
Downside Target	29.69
Downside Target	31.25
Downside Target	34.00
Upside Target	35.18
Upside Target	35.99
Upside Target	37.01
Upside Target	40.01
Upside Target	40.48
Upside Target	41.82
Upside Target	43.91

Intraday share price targets for Prajay Engineers (PRAENG)

Target Type	Value
Downside Intraday Target	34.2
Downside Intraday Target	33.51
Upside Intraday Target	35.38
Upside Intraday Target	35.87
Downside Intraday Target	34.69

Weekly technical analysis of Prajay Engineers (PRAENG)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	34.89	34.10	35.18	34.00	0.211 times
16 Fri Aug 2024	33.51	35.23	35.99	31.61	0.386 times
09 Fri Aug 2024	35.23	35.78	40.01	35.23	0.78 times
02 Fri Aug 2024	37.67	43.91	43.91	37.01	2.292 times
26 Fri Jul 2024	41.82	33.70	41.82	31.25	2.301 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 Engineers (PRAENG)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	34.89	40.48	40.48	31.61	0.54 times
31 Wed Jul 2024	39.78	30.55	43.91	29.10	2.004 times
28 Fri Jun 2024	30.55	29.70	37.70	29.69	0.294 times
20 Fri Oct 2023	20.95	13.40	20.95	13.00	3.755 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 Engineers (PRAENG)

Price action analysis of Prajay Engineers ( (PRAENG) ) 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 Engineers ( (PRAENG) ) 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 Engineers ( (PRAENG) ) 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 Engineers ( (PRAENG) ) based on a mid to longer 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.

ADX buy sell signal for Prajay Engineers stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Prajay Engineers in short term but the sell signal is initial and weak.

Prajay Engineers 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 in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Prajay Engineers in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Engineers is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 36.33 and Prajay Engineers (PRAENG) 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 Engineers (PRAENG) stock. Volume based technical analysis of Prajay Engineers (PRAENG) stock is negative.

Prajay Engineers 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.