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(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 2024-06-06 View latest technical analysis

10 day averaged volume of Prajay Eng is 69233

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	27.30	25.90	27.50	25.75	1.868 times
05 Wed Jun 2024	26.20	25.85	26.30	25.30	3.638 times
04 Tue Jun 2024	26.60	27.55	27.55	26.60	0.407 times
03 Mon Jun 2024	28.00	26.05	28.05	25.45	3.539 times
31 Fri May 2024	26.75	26.75	26.75	26.75	0.08 times
30 Thu May 2024	27.30	27.30	27.30	27.30	0.01 times
29 Wed May 2024	27.85	27.85	27.85	27.85	0.112 times
28 Tue May 2024	28.40	28.40	28.40	28.40	0.271 times
27 Mon May 2024	28.95	28.95	28.95	28.95	0.359 times
24 Fri May 2024	29.55	28.80	29.55	28.80	1.092 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 27.1 as stoploss in an intra day buy trade for a target of 28.15. However, stock will show a bearish move below 27.1.

Share price targets for Prajay Eng (PRAENG_BE)

Target Type	Value
Downside Target	19.85
Downside Target	22.65
Downside Target	25.05
Downside Target	26.60
Upside Target	28.05
Upside Target	28.80
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	25.72
Downside Intraday Target	24.13
Upside Intraday Target	28.47
Upside Intraday Target	29.63
Downside Intraday Target	26.88

Weekly technical analysis of Prajay Eng (PRAENG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	27.30	26.05	28.05	25.30	11.362 times
31 Fri May 2024	26.75	28.95	28.95	26.75	0.242 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Prajay Eng (PRAENG_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	27.30	26.05	28.05	25.30	0.746 times
31 Fri May 2024	26.75	28.30	29.90	26.70	0.612 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

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 Prajay Eng (PRAENG_BE)

Price action analysis of Prajay Eng ( (PRAENG_BE) ) 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 Eng ( (PRAENG_BE) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 getting stronger in this stock.

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

CCI has generated a buy signal for Prajay Eng 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 Prajay Eng is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.44 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.