Stock analysis Patel Engineering Limited PATELENG
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Recent prices of PATELENG Patel Engineering Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 15 Thu May 2025 | 42.49 | 42.10 to 43.20 | 1% | 0.93 times |
| 14 Wed May 2025 | 42.07 | 41.39 to 42.65 | -0.71% | 1.61 times |
| 13 Tue May 2025 | 42.37 | 41.10 to 46.20 | -5% | 2.93 times |
| 12 Mon May 2025 | 44.60 | 43.10 to 45.00 | 7.55% | 0.8 times |
| 09 Fri May 2025 | 41.47 | 39.72 to 41.75 | -1.1% | 0.55 times |
| 08 Thu May 2025 | 41.93 | 41.00 to 43.90 | -3.34% | 0.47 times |
| 07 Wed May 2025 | 43.38 | 41.60 to 43.61 | 2.17% | 0.76 times |
| 06 Tue May 2025 | 42.46 | 42.00 to 45.00 | -1.26% | 1.21 times |
| 05 Mon May 2025 | 43.00 | 42.26 to 43.30 | 0.99% | 0.48 times |
| 02 Fri May 2025 | 42.58 | 41.95 to 43.74 | -0.19% | 0.56 times |
| 30 Wed Apr 2025 | 42.66 | 42.30 to 44.34 | -3.98% | 0.62 times |
| 29 Tue Apr 2025 | 44.43 | 43.06 to 45.70 | -0.91% | 0.69 times |
Technical analysis forecast for Patel Engineering Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Patel Engineering Limited PATELENG at this time. Stock is falling and might fall more.
It appears as if Patel Engineering Limited PATELENG gave a large move recently.
Stock of Patel Engineering Limited (PATELENG) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Patel Engineering Limited is bearish for shortterm, and stock might move down till 41.6 or till 40.3. Use a stoploss of 42.63 and if the stock hits stoploss, then it can shoot up till 43.68