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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 2024-10-10 View latest technical analysis

10 day averaged volume of Patrick Industries is 129420

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	139.05	142.36	142.36	138.81	2.016 times
09 Wed Oct 2024	143.55	144.21	146.07	142.91	0.763 times
08 Tue Oct 2024	144.21	145.03	145.75	143.63	0.785 times
07 Mon Oct 2024	145.03	146.17	146.17	143.60	0.594 times
04 Fri Oct 2024	146.16	147.15	148.35	145.52	1.415 times
03 Thu Oct 2024	144.61	141.56	145.00	141.12	1.027 times
02 Wed Oct 2024	142.90	143.56	145.55	142.02	1.347 times
01 Tue Oct 2024	144.32	142.50	145.24	139.68	1.489 times
30 Mon Sep 2024	142.37	141.49	143.38	140.86	1.035 times
27 Fri Sep 2024	142.08	143.28	145.40	141.49	0.802 times

Stock of Patrick Industries (PATK) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 139.2, but if it comes above 139.2, then a intra day buy could be more profitable.
If you take a sell trade below 139.2, then use 139.2 as stoploss and 135.6 as target. However if you take a buy trade in stock , then use 139.2 as stoploss and 142.31 as target.

Share price targets for Patrick Industries (PATK)

Target Type	Value
Downside Target	101.58
Downside Target	104.79
Downside Target	112.91
Downside Target	115.53
Downside Target	122.06
Downside Target	131.91
Upside Target	139.68
Upside Target	146.17
Upside Target	147.72
Upside Target	147.80
Upside Target	148.35

Intraday share price targets for Patrick Industries (PATK)

Target Type	Value
Downside Intraday Target	136.52
Downside Intraday Target	133.98
Upside Intraday Target	143.88
Upside Intraday Target	148.7
Upside Intraday Target	141.34

Weekly technical analysis of Patrick Industries (PATK)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	139.05	146.17	146.17	138.81	0.659 times
04 Fri Oct 2024	146.16	141.49	148.35	139.68	1.009 times
27 Fri Sep 2024	142.08	147.72	147.72	139.28	0.431 times
20 Fri Sep 2024	146.96	135.33	147.80	134.13	1.861 times
13 Fri Sep 2024	135.33	126.03	136.53	123.36	1.858 times

Price has moved down 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
10 Thu Oct 2024	139.05	142.50	148.35	138.81	0.279 times
30 Mon Sep 2024	142.37	127.73	147.80	122.06	1.289 times
30 Fri Aug 2024	129.22	131.26	136.00	112.91	0.778 times
31 Wed Jul 2024	128.06	109.98	131.91	104.79	0.853 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 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Patrick Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 143.1 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.