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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 2024-09-30 View latest technical analysis

10 day averaged volume of Prajay Eng is 76942

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	37.76	38.43	38.50	36.50	0.691 times
27 Fri Sep 2024	37.92	37.60	38.15	36.82	0.539 times
26 Thu Sep 2024	38.05	37.00	38.79	36.50	1.228 times
25 Wed Sep 2024	37.51	39.79	39.79	36.50	1.748 times
24 Tue Sep 2024	38.06	38.56	38.56	37.77	0.49 times
23 Mon Sep 2024	38.43	39.32	40.25	37.95	0.79 times
20 Fri Sep 2024	39.32	40.50	40.50	38.40	1.468 times
19 Thu Sep 2024	40.42	40.43	41.90	39.16	1.573 times
18 Wed Sep 2024	40.81	41.40	41.80	40.21	0.673 times
17 Tue Sep 2024	40.59	39.70	41.75	38.55	0.994 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.4, but if it comes above 38.4, then a intra day buy could be more profitable.
If you take a sell trade below 38.4, then use 38.4 as stoploss and 36.7 as target. However if you take a buy trade in stock , then use 38.4 as stoploss and 39.82 as target.

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	29.88
Downside Target	30.60
Downside Target	36.50
Upside Target	38.40
Upside Target	39.45
Upside Target	40.25
Upside Target	41.84
Upside Target	41.90
Upside Target	43.00
Upside Target	43.40

Intraday share price targets for Prajay Eng (PRAENG_BE)

Target Type	Value
Downside Intraday Target	36.67
Downside Intraday Target	35.59
Upside Intraday Target	38.67
Upside Intraday Target	39.59
Downside Intraday Target	37.59

Weekly technical analysis of Prajay Eng (PRAENG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	37.76	38.43	38.50	36.50	0.144 times
27 Fri Sep 2024	37.92	39.32	40.25	36.50	0.921 times
20 Fri Sep 2024	39.32	38.70	41.90	38.40	1.353 times
13 Fri Sep 2024	40.41	41.34	41.84	39.45	0.646 times
06 Fri Sep 2024	40.54	42.57	43.00	38.41	5.952 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
30 Mon Sep 2024	37.76	42.57	43.00	36.50	20.476 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 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 Eng ( (PRAENG_BE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 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 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 and the buying is gaining 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 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 38.94 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.