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)

10 day averaged volume of Pennar Steel is 116324

Date Daily Closing Price Open High Low Volume
06 Mon May 2024 132.55 137.65 137.65 130.50 0.325 times
03 Fri May 2024 134.60 136.85 137.80 132.75 0.467 times
02 Thu May 2024 136.85 138.70 139.75 136.10 0.143 times
30 Tue Apr 2024 136.90 141.95 141.95 136.50 0.467 times
29 Mon Apr 2024 139.15 141.25 142.70 138.20 0.199 times
26 Fri Apr 2024 138.85 143.45 143.45 138.50 0.538 times
25 Thu Apr 2024 141.30 139.90 143.90 139.05 1.218 times
24 Wed Apr 2024 140.65 140.15 144.20 139.80 1.033 times
23 Tue Apr 2024 140.30 140.50 142.80 136.90 1.852 times
22 Mon Apr 2024 139.25 132.60 144.45 130.10 2.475 times

My analysis of stock is bearish for shortterm, and stock might move down till 129.6 or till 123.5. Use a stoploss of 134.63 and if the stock hits stoploss, then it can shoot up till 139.7

Share price targets for Pennar Steel (PennarSteel)

Target Type Value
Downside Target 107.00
Downside Target 116.30
Downside Target 123.85
Downside Target 129.90
Upside Target 137.65
Upside Target 139.75
Upside Target 139.95
Upside Target 142.70
Upside Target 144.45
Upside Target 156.90
Upside Target 162.30

Intraday share price targets for Pennar Steel (PennarSteel)

Target Type Value
Downside Intraday Target 129.48
Downside Intraday Target 126.42
Upside Intraday Target 136.63
Upside Intraday Target 140.72
Upside Intraday Target 133.57

Weekly technical analysis of Pennar Steel (PennarSteel)

Date Weekly Closing Price Open High Low Volume
06 Mon May 2024 132.55 137.65 137.65 130.50 0.255 times
03 Fri May 2024 134.60 141.25 142.70 132.75 0.179 times
26 Fri Apr 2024 138.85 132.60 144.45 130.10 1.713 times
19 Fri Apr 2024 129.05 116.30 129.90 116.30 1.807 times
12 Fri Apr 2024 131.25 138.05 139.20 130.50 0.829 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 Mon May 2024 132.55 138.70 139.75 130.50 0.055 times
30 Tue Apr 2024 136.90 134.25 144.45 116.30 0.892 times
28 Thu Mar 2024 133.15 135.30 139.95 107.00 1.064 times
29 Thu Feb 2024 134.10 154.55 162.30 131.20 0.533 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)

Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short 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 short 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Pennar Steel stock for short term is SELL. Signal strength is Strong and stock is gaining 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 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 139.23 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.

Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short 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 short 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Pennar Steel stock for short term is SELL. Signal strength is Strong and stock is gaining 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 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 139.23 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
Back to top | Use Dark Theme