Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-29 View latest technical analysis

10 day averaged volume of Prajay Eng is 39683

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	27.85	27.85	27.85	27.85	0.195 times
28 Tue May 2024	28.40	28.40	28.40	28.40	0.473 times
27 Mon May 2024	28.95	28.95	28.95	28.95	0.626 times
24 Fri May 2024	29.55	28.80	29.55	28.80	1.904 times
23 Thu May 2024	29.00	29.00	29.30	29.00	0.858 times
22 Wed May 2024	29.40	29.60	29.60	29.40	1.317 times
21 Tue May 2024	29.70	29.50	29.90	29.50	1.914 times
18 Sat May 2024	29.50	29.35	29.50	29.35	0.318 times
17 Fri May 2024	29.35	28.40	29.35	28.40	1.484 times
16 Thu May 2024	28.80	28.80	28.80	28.80	0.891 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.9, but if it comes above 27.9, then a intra day buy could be more profitable.
If you take a sell trade below 27.9, then use 27.9 as stoploss and 27 as target. However if you take a buy trade in stock , then use 27.9 as stoploss and 28.65 as target.

Share price targets for Prajay Eng (PRAENG_BE)

Target Type	Value
Downside Target	19.85
Downside Target	21.30
Downside Target	22.65
Downside Target	25.05
Downside Target	26.10
Downside Target	27.25
Downside Target	27.85
Upside Target	28.95
Upside Target	29.50
Upside Target	29.90
Upside Target	30.60

Intraday share price targets for Prajay Eng (PRAENG_BE)

Target Type	Value
Downside Intraday Target	27.48
Downside Intraday Target	27.12
Upside Intraday Target	28.58
Upside Intraday Target	29.32
Upside Intraday Target	28.22

Weekly technical analysis of Prajay Eng (PRAENG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	27.85	28.95	28.95	27.85	0.216 times
24 Fri May 2024	29.55	29.50	29.90	28.80	1.353 times
18 Sat May 2024	29.50	26.95	29.50	26.70	0.58 times
10 Fri May 2024	27.25	28.85	29.90	27.25	2.164 times
03 Fri May 2024	28.80	28.30	28.80	28.25	0.809 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 Prajay Eng (PRAENG_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Wed May 2024	27.85	28.30	29.90	26.70	0.608 times
30 Tue Apr 2024	28.25	24.05	30.60	22.85	0.839 times
28 Thu Mar 2024	24.05	23.25	25.05	22.65	0.564 times
29 Thu Feb 2024	22.80	24.05	26.60	19.85	1.341 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 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 Eng ( (PRAENG_BE) ) 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 Prajay Eng ( (PRAENG_BE) ) 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 Eng stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Prajay Eng Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Prajay Eng in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 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 29.29 and Prajay Eng (PRAENG_BE) 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 Eng (PRAENG_BE) stock. Volume based technical analysis of Prajay Eng (PRAENG_BE) stock is negative.

Prajay Eng 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.