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Stock analysis Patel Engineering Limited PATELENG

More indepth analysis on MunafaSutra.com

Moving Averages for Patel Engineering Limited

  • 5Day Average: 38.45
  • 12Day Average: 37.39
  • 20Day Average: 37.97
  • 50Day Average: 39.8
  • 100Day Average: 40.89
  • 150Day Average: 42.49
  • 200Day Average: 45.1

PATELENG Indicators & signals

Indicator MACD (12,26,9)

37.9, 38.43, -0.72
Indicator MACD is in negative zone

Indicator ADX (14)

9.8, 25, 20.54
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 62
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
18 Mon Aug 2025 37.91 37.75 to 38.61 0.26% 0.46 times
14 Thu Aug 2025 37.81 37.73 to 38.54 -1.51% 0.37 times
13 Wed Aug 2025 38.39 38.25 to 39.75 -2.61% 0.63 times
12 Tue Aug 2025 39.42 39.00 to 40.29 1.86% 2.3 times
11 Mon Aug 2025 38.70 36.50 to 39.90 6.09% 3.29 times
08 Fri Aug 2025 36.48 35.86 to 37.30 0.94% 0.73 times
07 Thu Aug 2025 36.14 35.80 to 36.39 -0.82% 0.43 times
06 Wed Aug 2025 36.44 35.90 to 36.97 -0.38% 0.62 times
05 Tue Aug 2025 36.58 36.40 to 37.25 -0.22% 0.48 times
04 Mon Aug 2025 36.66 36.28 to 37.27 -0.97% 0.61 times
01 Fri Aug 2025 37.02 36.72 to 37.47 -0.43% 0.54 times
31 Thu Jul 2025 37.18 36.95 to 37.99 -2.26% 0.74 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 37.1 or till 35.8. Use a stoploss of 38.17 and if the stock hits stoploss, then it can shoot up till 39.25

More indepth analysis on MunafaSutra.com