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(PATK) Patrick Industries complete technical analysis [charts+indicators] | Buy/Sell Patrick Industries | (PATK) share price targets

Complete technical analysis of Patrick Industries (PATK) by charts plus indicators, forecast predictions and share price targets for Patrick Industries (PATK)

Patrick Industries trades in USA in Basic Industries sector.

Showing technical analysis as on 2024-01-09 View latest technical analysis

10 day averaged volume of Patrick Industries is 118640

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	96.61	95.83	96.79	94.61	0.624 times
08 Mon Jan 2024	96.51	95.72	97.17	95.31	0.735 times
05 Fri Jan 2024	95.22	94.39	96.74	94.39	1.34 times
04 Thu Jan 2024	95.42	95.47	95.96	94.75	0.826 times
03 Wed Jan 2024	95.16	98.65	98.65	94.94	2.05 times
02 Tue Jan 2024	99.81	100.75	103.36	98.64	1.217 times
29 Fri Dec 2023	100.35	101.58	101.94	100.27	0.678 times
29 Fri Dec 2023	100.35	101.58	101.94	100.27	0.678 times
28 Thu Dec 2023	101.30	100.92	101.69	100.70	0.602 times
27 Wed Dec 2023	101.62	101.11	102.50	100.20	1.035 times

My analysis of stock is bearish for shortterm, and stock might move down till 92.8 or till 88.1. Use a stoploss of 96.75 and if the stock hits stoploss, then it can shoot up till 100.66

Share price targets for Patrick Industries (PATK)

Target Type	Value
Downside Target	70.15
Downside Target	73.44
Downside Target	82.20
Downside Target	85.73
Downside Target	92.52
Downside Target	94.39
Upside Target	97.17
Upside Target	100.00
Upside Target	101.23
Upside Target	101.94
Upside Target	102.50
Upside Target	103.36

Intraday share price targets for Patrick Industries (PATK)

Target Type	Value
Downside Intraday Target	95.09
Downside Intraday Target	93.57
Upside Intraday Target	97.65
Upside Intraday Target	98.69
Downside Intraday Target	96.13

Weekly technical analysis of Patrick Industries (PATK)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	96.61	95.72	97.17	94.61	0.25 times
05 Fri Jan 2024	95.22	100.75	103.36	94.39	8.017 times
29 Fri Dec 2023	100.35	101.58	101.94	100.27	0.215 times
29 Fri Dec 2023	100.35	100.47	102.50	100.00	0.38 times
22 Fri Dec 2023	99.74	94.10	101.23	92.52	0.479 times

Price has moved up 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 Patrick Industries (PATK)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	96.61	100.75	103.36	94.39	0.191 times
29 Fri Dec 2023	100.35	82.20	102.50	82.20	1.768 times
30 Thu Nov 2023	82.04	75.10	86.25	74.72	0.984 times
31 Tue Oct 2023	75.15	74.93	76.17	70.15	0.796 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Patrick Industries (PATK)

Price action analysis of Patrick Industries ( (PATK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Patrick Industries ( (PATK) ) 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 Patrick Industries ( (PATK) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Patrick Industries ( (PATK) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Patrick Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Patrick Industries in short term but the sell signal is initial and weak.

Patrick Industries 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 above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Patrick Industries in short term and SELL signal is strong!

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 Patrick Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 97.74 and Patrick Industries (PATK) 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 Patrick Industries (PATK) stock. Volume based technical analysis of Patrick Industries (PATK) stock is negative.

Patrick Industries 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.