(PennarSteel) Pennar Steel Weekly charts technical analysis
(PennarSteel) Pennar Steel Weekly charts technical analysis Weekly analysis of Pennar Steel | Buy/Sell Pennar Steel
10 day averaged volume of Pennar Steel is 62186
| Date | Closing Price | Open | High | Low | Volume |
| 30 Fri Sep 2022 | 41.90 | 44.20 | 45.05 | 40.10 | 0.215 Mn |
| 23 Fri Sep 2022 | 45.20 | 45.40 | 50.10 | 45.05 | 0.302 Mn |
| 16 Fri Sep 2022 | 45.40 | 48.10 | 49.00 | 44.00 | 0.353 Mn |
| 09 Fri Sep 2022 | 47.80 | 46.65 | 50.10 | 45.00 | 1.237 Mn |
| 02 Fri Sep 2022 | 46.20 | 39.15 | 46.50 | 39.15 | 0.709 Mn |
| 26 Fri Aug 2022 | 42.75 | 44.50 | 46.05 | 40.85 | 0.849 Mn |
| 19 Fri Aug 2022 | 43.05 | 38.40 | 43.50 | 38.00 | 0.524 Mn |
| 12 Fri Aug 2022 | 37.65 | 37.80 | 38.75 | 36.65 | 0.065 Mn |
| 05 Fri Aug 2022 | 37.50 | 39.85 | 39.85 | 37.00 | 0.164 Mn |
| 29 Fri Jul 2022 | 38.55 | 38.30 | 39.95 | 36.55 | 0.188 Mn |
Indicators analysis of Pennar Steel (PennarSteel)
Price action analysis of Pennar Steel ( (PennarSteel) ) 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 Pennar Steel ( (PennarSteel) ) 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 Pennar Steel ( (PennarSteel) ) 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 Pennar Steel ( (PennarSteel) ) 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 Pennar Steel stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Pennar Steel in short term and the buy signal is strong.
Pennar Steel 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. Bulls are getting tired and bears are picking up momentum.
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 Pennar Steel 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 Pennar Steel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 44.56 and Pennar Steel (PennarSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Pennar Steel (PennarSteel) stock. Volume based technical analysis of Pennar Steel (PennarSteel) stock is negative.
Pennar Steel 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.
Weekly charts
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 23, 22, 2 | Buy |
| MACD | 4, 4 | Buy |
| Stochastics | 56 | None |
| CCI | -5 | Sell |
| RSI | 57 | Buy |
| OBV | 546232 | Sell |
| VWAP | 45 | Sell |
| ADL | 0 | Sell |
| ROC | 10 | Buy |
| Force Index | 0 | Sell |
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