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Patel Engineering Limited

PATELENG.BO Technical Analysis Summary (BSE)

Analyze PATELENG.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

PATELENG.BO●BSE
IndustrialsEngineering & Construction
₹28.47
₹0.09(0.32%)
Indian Market opens in 14h 26m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PATELENG.BO Technical Analysis Summary (BSE)

Patel Engineering Limited (BSE: PATELENG.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.91)
Trend Strength:Weak (ADX: 18.50)
Volatility:Medium (ATR: 1.07)
Support/Resistance:$26.82 – $30.47 (Bollinger Bands)

Technical conditions suggest Patel Engineering Limited on the BSE is awaiting a decisive move. Technical conditions suggest Patel Engineering Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 44.91

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 52.09

Neutral
Mid-range signal with no clear trend.

Williams %R: -60.36

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 1.86

Bullish
Steady upward momentum.

Takeaway:Patel Engineering Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.28

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.50

Weak
Weak trend, market trading sideways.

ATR (14): 1.07

Low
Low volatility, stable price action.

CCI (14): -4.83

Neutral
Neutral, no strong directional signal.

Takeaway:Patel Engineering Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$30.47
Middle Band (SMA 20)
$28.64
Lower Band
$26.82
Current Position
Within Bands

Takeaway:Patel Engineering Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$31.26
Middle Line (EMA 20)
$29.12
Lower Channel
$26.98
Squeeze Status
Squeeze On

Takeaway:Patel Engineering Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume4.09M
Money Flow Index54.21Neutral, balanced money flows with no clear signal.
Relative Vigor Index30.72Bearish, price momentum favors sellers.

Overall Takeaway:PATELENG.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Patel Engineering Limited (BSE: PATELENG.BO), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Patel Engineering Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: PATELENG.BO) Technical Analysis FAQ