(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 84084
| Date | Closing Price | Open | High | Low | Volume |
| 20 Fri May 2022 | 37.65 | 34.95 | 38.60 | 34.60 | 0.23 Mn |
| 13 Fri May 2022 | 34.55 | 39.20 | 39.20 | 33.00 | 0.55 Mn |
| 06 Fri May 2022 | 39.10 | 39.15 | 41.15 | 39.00 | 0.359 Mn |
| 29 Fri Apr 2022 | 40.35 | 41.40 | 42.95 | 39.75 | 0.726 Mn |
| 22 Fri Apr 2022 | 41.10 | 38.40 | 42.70 | 37.60 | 1.044 Mn |
| 13 Wed Apr 2022 | 38.45 | 40.65 | 40.65 | 37.55 | 0.244 Mn |
| 08 Fri Apr 2022 | 39.55 | 37.50 | 40.30 | 36.00 | 0.662 Mn |
| 01 Fri Apr 2022 | 36.30 | 36.50 | 37.80 | 34.30 | 0.516 Mn |
| 25 Fri Mar 2022 | 35.95 | 36.80 | 38.20 | 35.85 | 1.314 Mn |
| 17 Thu Mar 2022 | 36.65 | 37.10 | 38.00 | 36.25 | 0.441 Mn |
Indicators analysis of Pennar Steel (PennarSteel)
Price action analysis of Pennar Steel ( (PennarSteel) ) 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 Pennar Steel ( (PennarSteel) ) 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 Pennar Steel ( (PennarSteel) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Pennar Steel in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Pennar Steel in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 38.05 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 | 18, 23, 13 | Sell |
| MACD | 3, 4 | Sell |
| Stochastics | 40 | None |
| CCI | -47 | Buy |
| RSI | 60 | Buy |
| OBV | 2579340 | Sell |
| VWAP | 38 | Sell |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
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