(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 136299
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 214.30 | 217.65 | 218.50 | 212.95 | 0.466 times |
| 11 Wed Dec 2024 | 218.20 | 221.45 | 222.35 | 217.50 | 0.549 times |
| 10 Tue Dec 2024 | 220.70 | 218.95 | 226.65 | 218.95 | 1.036 times |
| 09 Mon Dec 2024 | 218.90 | 221.00 | 224.75 | 217.95 | 0.257 times |
| 06 Fri Dec 2024 | 220.45 | 214.05 | 227.70 | 214.05 | 0.592 times |
| 05 Thu Dec 2024 | 217.80 | 225.55 | 227.55 | 214.95 | 0.763 times |
| 04 Wed Dec 2024 | 222.40 | 218.00 | 223.50 | 214.05 | 0.971 times |
| 03 Tue Dec 2024 | 217.70 | 219.05 | 221.95 | 215.35 | 0.403 times |
| 02 Mon Dec 2024 | 219.00 | 209.95 | 222.60 | 209.00 | 1.569 times |
| 29 Fri Nov 2024 | 208.60 | 203.50 | 214.00 | 199.00 | 2.495 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 220 as stoploss in an intra day sell trade for a target of 204.36. However, stock will show a bullish move above 220.
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 162.00 |
| Downside Target | 173.05 |
| Downside Target | 186.50 |
| Downside Target | 193.95 |
| Downside Target | 201.40 |
| Downside Target | 209.00 |
| Downside Target | 212.95 |
| Downside Target | 214.00 |
| Upside Target | 215.00 |
| Upside Target | 226.65 |
| Upside Target | 227.70 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 209.28 |
| Downside Intraday Target | 204.27 |
| Upside Intraday Target | 222.98 |
| Upside Intraday Target | 231.67 |
| Upside Intraday Target | 217.97 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 214.30 | 221.00 | 226.65 | 212.95 | 0.537 times |
| 06 Fri Dec 2024 | 220.45 | 209.95 | 227.70 | 209.00 | 0.851 times |
| 29 Fri Nov 2024 | 208.60 | 203.05 | 214.00 | 193.95 | 1.764 times |
| 22 Fri Nov 2024 | 201.75 | 184.55 | 203.40 | 173.05 | 1.073 times |
| 14 Thu Nov 2024 | 177.55 | 193.70 | 196.55 | 168.15 | 0.738 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 |
| 12 Thu Dec 2024 | 214.30 | 209.95 | 227.70 | 209.00 | 0.447 times |
| 29 Fri Nov 2024 | 208.60 | 197.55 | 214.00 | 168.15 | 0.617 times |
| 31 Thu Oct 2024 | 194.75 | 175.45 | 215.00 | 167.00 | 1.489 times |
| 30 Mon Sep 2024 | 170.45 | 175.05 | 186.50 | 162.00 | 1.261 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 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 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 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 green color and prices are above 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 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 216.35 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 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 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 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 green color and prices are above 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 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 216.35 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.
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