Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(PennarSteel) Pennar Steel complete technical analysis [charts+indicators] | Buy/Sell Pennar Steel | (PennarSteel) share price targets

Complete technical analysis of Pennar Steel (PennarSteel) by charts plus indicators, forecast predictions and share price targets for Pennar Steel (PennarSteel)

Showing technical analysis as on 2022-01-06 View latest technical analysis

10 day averaged volume of Pennar Steel is 240249

Date Daily Closing Price Open High Low Volume
06 Thu Jan 2022 34.70 35.00 35.60 34.30 0.484 times
05 Wed Jan 2022 35.35 34.60 36.25 34.15 0.625 times
04 Tue Jan 2022 33.95 36.00 36.45 33.55 0.835 times
03 Mon Jan 2022 35.25 35.95 36.45 35.10 0.886 times
31 Fri Dec 2021 35.95 35.45 37.95 34.65 2.769 times
30 Thu Dec 2021 34.75 35.65 35.65 33.55 0.544 times
29 Wed Dec 2021 34.90 34.90 36.50 34.60 1.587 times
28 Tue Dec 2021 34.50 32.75 36.25 31.90 1.838 times
27 Mon Dec 2021 31.80 32.05 32.45 30.80 0.536 times
24 Fri Dec 2021 31.05 32.00 32.00 30.60 0.156 times

Share price targets for Pennar Steel (PennarSteel)

Target Type Value
Downside Target 25.70
Downside Target 27.05
Downside Target 29.50
Downside Target 30.80
Downside Target 31.50
Downside Target 33.55
Downside Target 34.60
Upside Target 36.45
Upside Target 37.95

Intraday share price targets for Pennar Steel (PennarSteel)

Target Type Value
Downside Intraday Target 33.35
Downside Intraday Target 32
Upside Intraday Target 36.25
Upside Intraday Target 37.8
Upside Intraday Target 34.9

Weekly technical analysis of Pennar Steel (PennarSteel)

Date Weekly Closing Price Open High Low Volume
06 Thu Jan 2022 34.70 35.95 36.45 33.55 0.389 times
31 Fri Dec 2021 35.95 32.05 37.95 30.80 1.997 times
24 Fri Dec 2021 31.05 30.25 33.00 29.70 1.125 times
17 Fri Dec 2021 29.95 32.95 34.60 29.50 0.97 times
10 Fri Dec 2021 32.35 28.40 32.70 27.60 2.734 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 Pennar Steel (PennarSteel)

Date Monthly Closing Price Open High Low Volume
06 Thu Jan 2022 34.70 35.95 36.45 33.55 0.157 times
31 Fri Dec 2021 35.95 28.35 37.95 27.05 2.591 times
30 Tue Nov 2021 27.20 27.50 31.50 25.70 0.908 times
29 Fri Oct 2021 27.50 29.70 32.05 27.45 1.016 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 Pennar Steel (PennarSteel)

Indicator Name Indicator Value Indicator Signal
ADX 26, 14, 30 Buy
MACD 3, 2Buy
Stochastics 55None
CCI 28Sell
RSI 61Buy
OBV 1821646Sell
VWAP 35Sell
ADL 0Sell
ROC 10Buy
Force Index 0Sell

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Pennar Steel in short term but SELL 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

Stock of Pennar Steel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 34.85 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.

Click here for Pennar Steel charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme