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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)

10 day averaged volume of Prajay Eng is 91430

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	17.05	16.70	17.05	16.70	1.087 times
29 Wed Nov 2023	16.75	17.05	17.05	16.70	0.696 times
28 Tue Nov 2023	17.05	17.10	17.10	17.05	0.597 times
24 Fri Nov 2023	17.40	17.45	17.45	17.35	1.129 times
23 Thu Nov 2023	17.70	17.80	17.80	17.65	0.812 times
22 Wed Nov 2023	18.00	17.75	18.00	17.75	1.726 times
21 Tue Nov 2023	18.10	18.20	18.20	18.10	0.293 times
20 Mon Nov 2023	18.45	18.50	18.50	18.45	0.596 times
17 Fri Nov 2023	18.80	18.50	18.80	18.50	3.355 times
16 Thu Nov 2023	18.85	18.85	18.85	18.85	0.323 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17.6, but if it comes above 17.6, then a intra day buy could be more profitable.
If you take a sell trade below 17.6, then use 17.6 as stoploss and 16.2 as target. However if you take a buy trade in stock , then use 17.6 as stoploss and 18.79 as target.

Share price targets for Prajay Eng (PRAENG_BE)

Target Type	Value
Downside Target	13.45
Downside Target	15.60
Downside Target	16.70
Upside Target	18.50
Upside Target	19.45
Upside Target	19.50
Upside Target	19.60
Upside Target	19.65
Upside Target	21.00
Upside Target	21.60
Upside Target	21.90

Intraday share price targets for Prajay Eng (PRAENG_BE)

Target Type	Value
Downside Intraday Target	16.8
Downside Intraday Target	16.55
Upside Intraday Target	17.2
Upside Intraday Target	17.35
Downside Intraday Target	16.95

Weekly technical analysis of Prajay Eng (PRAENG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	17.05	17.10	17.10	16.70	0.522 times
24 Fri Nov 2023	17.40	18.50	18.50	17.35	0.507 times
17 Fri Nov 2023	18.80	19.25	19.60	18.50	0.511 times
10 Fri Nov 2023	19.65	20.60	21.60	19.50	1.828 times
03 Fri Nov 2023	19.65	18.95	19.65	17.55	0.625 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 Thu Nov 2023	17.05	18.05	21.60	16.70	2.01 times
31 Tue Oct 2023	18.00	21.85	21.90	17.90	3.407 times
20 Mon Jun 2022	13.45	16.70	16.80	13.45	1.101 times
31 Tue May 2022	16.00	18.25	19.45	15.60	1.112 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Prajay Eng stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Prajay Eng in short term and the sell signal is strong.

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 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 but buying is losing 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 17.99 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.