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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 2024-02-20 View latest technical analysis

10 day averaged volume of Patrick Industries is 175020

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	111.41	109.90	111.64	108.97	1.657 times
16 Fri Feb 2024	111.20	109.64	111.61	109.12	1.167 times
15 Thu Feb 2024	110.91	110.25	111.46	108.39	0.71 times
14 Wed Feb 2024	109.44	109.30	110.25	107.02	0.767 times
13 Tue Feb 2024	106.98	107.22	109.62	106.40	1.307 times
12 Mon Feb 2024	112.50	110.69	113.59	109.06	1.046 times
09 Fri Feb 2024	110.16	106.55	112.11	105.42	1.216 times
08 Thu Feb 2024	105.45	102.54	107.44	100.65	1.619 times
07 Wed Feb 2024	103.46	102.76	104.07	101.38	0.92 times
06 Tue Feb 2024	102.68	100.90	102.80	100.53	0.671 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 109.3, but if it comes below 109.3, then a intra day sell could be more profitable.
If you take a sell trade below 109.3, then use 109.3 as stoploss and 104.97 as target. However if you take a buy trade in stock , then use 109.3 as stoploss and 114.4 as target.

Share price targets for Patrick Industries (PATK)

Target Type	Value
Downside Target	70.15
Downside Target	74.72
Downside Target	82.20
Downside Target	86.25
Downside Target	91.01
Downside Target	98.82
Downside Target	102.50
Downside Target	106.40
Downside Target	108.97
Upside Target	111.64
Upside Target	112.11
Upside Target	113.59

Intraday share price targets for Patrick Industries (PATK)

Target Type	Value
Downside Intraday Target	109.71
Downside Intraday Target	108
Upside Intraday Target	112.38
Upside Intraday Target	113.34
Downside Intraday Target	110.67

Weekly technical analysis of Patrick Industries (PATK)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	111.41	109.90	111.64	108.97	0.332 times
16 Fri Feb 2024	111.20	110.69	113.59	106.40	0.999 times
09 Fri Feb 2024	110.16	101.25	112.11	99.74	1.541 times
02 Fri Feb 2024	102.66	103.22	104.33	99.43	0.908 times
26 Fri Jan 2024	102.73	99.21	103.41	98.82	1.604 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
20 Tue Feb 2024	111.41	100.68	113.59	99.43	0.87 times
31 Wed Jan 2024	100.39	100.75	104.33	91.01	0.613 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

Scroll below to view daily charts

Price has moved up 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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.

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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Patrick Industries in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Patrick Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Patrick Industries in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 108.6 and Patrick Industries (PATK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.