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Stock analysis Patel Engineering Limited PATELENG

More indepth analysis on MunafaSutra.com

Moving Averages for Patel Engineering Limited

  • 5Day Average: 40.42
  • 12Day Average: 41.05
  • 20Day Average: 41.19
  • 50Day Average: 44.22
  • 100Day Average: 48.52
  • 150Day Average: 50.8
  • 200Day Average: 52.82

PATELENG Indicators & signals

Indicator MACD (12,26,9)

40.98, 41.94, -1.18
Indicator MACD is in negative zone

Indicator ADX (14)

7.32, 19.69, 22.8
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 42
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of PATELENG Patel Engineering Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Thu Apr 2025 41.81 39.60 to 41.92 2.6% 0.7 times
02 Wed Apr 2025 40.75 39.45 to 40.99 1.17% 0.55 times
01 Tue Apr 2025 40.28 39.08 to 40.50 3.07% 0.5 times
28 Fri Mar 2025 39.08 39.00 to 41.30 -2.74% 1.51 times
27 Thu Mar 2025 40.18 39.15 to 40.92 1.49% 1.58 times
26 Wed Mar 2025 39.59 39.32 to 41.68 -4.26% 1.2 times
25 Tue Mar 2025 41.35 41.00 to 44.09 -4.44% 1.08 times
24 Mon Mar 2025 43.27 43.15 to 44.40 0.14% 0.85 times
21 Fri Mar 2025 43.21 41.50 to 43.60 4.15% 1.23 times
20 Thu Mar 2025 41.49 41.40 to 42.80 0.22% 0.66 times
19 Wed Mar 2025 41.40 40.43 to 41.75 3.04% 0.84 times
18 Tue Mar 2025 40.18 39.01 to 40.39 3.8% 0.79 times

Technical analysis forecast of Patel Engineering Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Patel Engineering Limited PATELENG at this time. Stock is rising and might rise more.

It appears as if Patel Engineering Limited PATELENG gave a large move recently.

Stock of Patel Engineering Limited (PATELENG) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Patel Engineering Limited is bullish for shortterm, and stock might move up till 42.8 or till 44.4. Use a stoploss of 41.48 and if this stock hits its stoploss, then it can fall down till 40.14

More indepth analysis on MunafaSutra.com