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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 2024-09-11 View latest technical analysis

10 day averaged volume of Prajay Eng is 82625

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	40.06	40.30	41.49	39.45	0.96 times
10 Tue Sep 2024	40.73	41.67	41.67	40.00	0.729 times
09 Mon Sep 2024	39.83	41.34	41.84	39.65	0.92 times
06 Fri Sep 2024	40.54	42.37	42.37	40.40	1.277 times
05 Thu Sep 2024	42.37	41.50	42.96	40.00	1.077 times
04 Wed Sep 2024	40.92	41.90	42.00	40.35	1.207 times
03 Tue Sep 2024	42.45	40.09	42.46	38.41	1.304 times
02 Mon Sep 2024	40.44	42.57	43.00	40.44	0.683 times
30 Fri Aug 2024	42.57	41.85	43.40	40.60	0.932 times
14 Fri Jun 2024	29.02	29.19	29.19	27.71	0.589 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 40.5 as stoploss in an intra day sell trade for a target of 33.8. However, stock will show a bullish move above 40.5.

Share price targets for Prajay Eng (PRAENG_BE)

Target Type	Value
Downside Target	22.85
Downside Target	25.30
Downside Target	26.70
Downside Target	28.65
Downside Target	29.88
Downside Target	30.60
Downside Target	38.41
Downside Target	39.45
Upside Target	40.60
Upside Target	41.84
Upside Target	43.00
Upside Target	43.40

Intraday share price targets for Prajay Eng (PRAENG_BE)

Target Type	Value
Downside Intraday Target	39.06
Downside Intraday Target	38.06
Upside Intraday Target	41.45
Upside Intraday Target	42.84
Upside Intraday Target	40.45

Weekly technical analysis of Prajay Eng (PRAENG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	40.06	41.34	41.84	39.45	0.47 times
06 Fri Sep 2024	40.54	42.57	43.00	38.41	5.952 times
30 Fri Aug 2024	42.57	41.85	43.40	40.60	0.042 times
14 Fri Jun 2024	29.02	29.88	29.88	26.78	2.418 times
07 Fri Jun 2024	28.65	26.05	28.65	25.30	13.322 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
11 Wed Sep 2024	40.06	42.57	43.00	38.41	8.752 times
30 Fri Aug 2024	42.57	41.85	43.40	40.60	0.029 times
14 Fri Jun 2024	29.02	26.05	29.88	25.30	2.99 times
31 Fri May 2024	26.75	28.30	29.90	26.70	0.612 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Prajay Eng in short term and the buy signal is strong.

Prajay Eng Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Prajay Eng in short term but SELL 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

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 40.44 and Prajay Eng (PRAENG_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.