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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 2024-06-07 View latest technical analysis

10 day averaged volume of Prajay Eng is 78760

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	28.65	27.30	28.65	27.30	1.433 times
06 Thu Jun 2024	27.30	25.90	27.50	25.75	1.642 times
05 Wed Jun 2024	26.20	25.85	26.30	25.30	3.198 times
04 Tue Jun 2024	26.60	27.55	27.55	26.60	0.358 times
03 Mon Jun 2024	28.00	26.05	28.05	25.45	3.111 times
31 Fri May 2024	26.75	26.75	26.75	26.75	0.071 times
30 Thu May 2024	27.30	27.30	27.30	27.30	0.009 times
29 Wed May 2024	27.85	27.85	27.85	27.85	0.098 times
28 Tue May 2024	28.40	28.40	28.40	28.40	0.238 times
27 Mon May 2024	28.95	28.95	28.95	28.95	0.315 times

My analysis of stock is bullish for shortterm, and stock might move up till 29.3 or till 30.5. Use a stoploss of 28.22 and if this stock hits its stoploss, then it can fall down till 27.17

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
Downside Target	28.65
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	26.42
Downside Intraday Target	24.18
Upside Intraday Target	29.77
Upside Intraday Target	30.88
Downside Intraday Target	27.53

Weekly technical analysis of Prajay Eng (PRAENG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	28.65	26.05	28.65	25.30	13.322 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
07 Fri Jun 2024	28.65	26.05	28.65	25.30	0.875 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Prajay Eng ( (PRAENG_BE) ) based on a short to mid 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 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 BUY. 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.

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

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. Bulls 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 and BUY signal is strong.

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

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 27.41 and Prajay Eng (PRAENG_BE) 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 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.