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(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 128344

Date Daily Closing Price Open High Low Volume
19 Fri Jul 2024 172.35 179.80 179.80 170.50 0.509 times
18 Thu Jul 2024 177.45 183.85 185.55 174.55 1.143 times
16 Tue Jul 2024 183.70 181.15 188.15 181.15 0.318 times
15 Mon Jul 2024 181.95 183.65 187.55 180.50 2.63 times
12 Fri Jul 2024 177.90 176.90 182.40 174.60 1.566 times
11 Thu Jul 2024 176.50 171.25 178.30 169.25 0.466 times
10 Wed Jul 2024 169.60 170.80 173.30 164.75 0.353 times
09 Tue Jul 2024 170.70 175.55 175.55 170.00 0.484 times
08 Mon Jul 2024 173.30 174.80 175.70 171.90 1.1 times
05 Fri Jul 2024 168.55 170.70 172.75 167.65 1.026 times

My analysis of stock is bearish for shortterm, and stock might move down till 168.8 or till 163. Use a stoploss of 173.58 and if the stock hits stoploss, then it can shoot up till 178.37

Share price targets for Pennar Steel (PennarSteel)

Target Type Value
Downside Target 107.00
Downside Target 116.30
Downside Target 120.00
Downside Target 122.65
Downside Target 139.95
Downside Target 144.45
Downside Target 151.55
Downside Target 162.00
Upside Target 182.40
Upside Target 183.60
Upside Target 185.90
Upside Target 188.15
Upside Target 191.50

Intraday share price targets for Pennar Steel (PennarSteel)

Target Type Value
Downside Intraday Target 165.85
Downside Intraday Target 159.35
Upside Intraday Target 183.5
Upside Intraday Target 194.65
Upside Intraday Target 177

Weekly technical analysis of Pennar Steel (PennarSteel)

Date Weekly Closing Price Open High Low Volume
19 Fri Jul 2024 172.35 183.65 188.15 170.50 1.159 times
12 Fri Jul 2024 177.90 174.80 182.40 164.75 0.649 times
05 Fri Jul 2024 168.55 173.20 191.50 167.65 2.288 times
28 Fri Jun 2024 168.70 182.85 182.85 162.00 1.246 times
21 Fri Jun 2024 175.40 174.75 183.60 164.65 0.291 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
19 Fri Jul 2024 172.35 173.20 191.50 164.75 0.68 times
28 Fri Jun 2024 168.70 149.80 185.90 120.00 1.447 times
31 Fri May 2024 143.80 138.70 151.55 122.65 0.969 times
30 Tue Apr 2024 136.90 134.25 144.45 116.30 0.892 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 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

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 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. 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 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 176.59 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 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

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 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. 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 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 176.59 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

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Daily charts

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