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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 2024-10-07 View latest technical analysis

10 day averaged volume of Prajay Eng is 75064

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	33.80	35.57	36.10	33.78	1.347 times
04 Fri Oct 2024	35.56	36.15	36.98	35.42	1.826 times
03 Thu Oct 2024	37.29	37.25	37.59	36.50	0.555 times
01 Tue Oct 2024	37.37	37.26	38.40	37.26	0.491 times
30 Mon Sep 2024	37.76	38.43	38.50	36.50	0.708 times
27 Fri Sep 2024	37.92	37.60	38.15	36.82	0.553 times
26 Thu Sep 2024	38.05	37.00	38.79	36.50	1.258 times
25 Wed Sep 2024	37.51	39.79	39.79	36.50	1.791 times
24 Tue Sep 2024	38.06	38.56	38.56	37.77	0.503 times
23 Mon Sep 2024	38.43	39.32	40.25	37.95	0.81 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 34.7, for a target of 36.9 or 38.71

Share price targets for Prajay Eng (PRAENG_BE)

Target Type	Value
Downside Target	25.30
Downside Target	26.70
Downside Target	29.88
Downside Target	33.78
Upside Target	35.42
Upside Target	38.40
Upside Target	39.45
Upside Target	40.25
Upside Target	40.60
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	33.02
Downside Intraday Target	32.24
Upside Intraday Target	35.34
Upside Intraday Target	36.88
Upside Intraday Target	34.56

Weekly technical analysis of Prajay Eng (PRAENG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	33.80	35.57	36.10	33.78	0.376 times
04 Fri Oct 2024	35.56	38.43	38.50	35.42	0.728 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

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
07 Mon Oct 2024	33.80	37.26	38.40	33.78	0.201 times
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

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 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 Strong and stock is gaining 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 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 36.83 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.