(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 41260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Wed Jul 2025 | 223.50 | 226.50 | 229.40 | 222.30 | 3.643 times |
| 08 Tue Jul 2025 | 225.35 | 224.20 | 226.50 | 222.40 | 0.249 times |
| 07 Mon Jul 2025 | 223.05 | 224.90 | 229.15 | 222.90 | 0.399 times |
| 04 Fri Jul 2025 | 224.95 | 232.95 | 232.95 | 222.15 | 0.52 times |
| 03 Thu Jul 2025 | 232.35 | 231.50 | 236.55 | 231.35 | 0.371 times |
| 02 Wed Jul 2025 | 230.05 | 232.10 | 232.65 | 227.35 | 0.721 times |
| 01 Tue Jul 2025 | 229.85 | 246.85 | 246.85 | 220.05 | 1.066 times |
| 30 Mon Jun 2025 | 240.40 | 238.50 | 242.35 | 232.75 | 2.607 times |
| 27 Fri Jun 2025 | 231.05 | 233.05 | 237.55 | 230.40 | 0.697 times |
| 26 Thu Jun 2025 | 233.10 | 236.00 | 243.20 | 232.20 | 1.459 times |
Stock of Pennar Steel (PennarSteel) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 224.8, but if it comes above 224.8, then a intra day buy could be more profitable.
If you take a sell trade below 224.8, then use 224.8 as stoploss and 217.3 as target. However if you take a buy trade in stock , then use 224.8 as stoploss and 231.01 as target.
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 149.95 |
| Downside Target | 159.30 |
| Downside Target | 170.30 |
| Downside Target | 194.50 |
| Downside Target | 202.20 |
| Downside Target | 213.25 |
| Upside Target | 228.15 |
| Upside Target | 240.55 |
| Upside Target | 243.20 |
| Upside Target | 246.85 |
| Upside Target | 254.40 |
| Upside Target | 257.40 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 220.73 |
| Downside Intraday Target | 217.97 |
| Upside Intraday Target | 227.83 |
| Upside Intraday Target | 232.17 |
| Upside Intraday Target | 225.07 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Wed Jul 2025 | 223.50 | 224.90 | 229.40 | 222.30 | 0.812 times |
| 04 Fri Jul 2025 | 224.95 | 238.50 | 246.85 | 220.05 | 0.673 times |
| 27 Fri Jun 2025 | 231.05 | 225.05 | 243.20 | 219.55 | 1.521 times |
| 19 Thu Jun 2025 | 218.70 | 238.60 | 240.55 | 217.40 | 0.478 times |
| 13 Fri Jun 2025 | 237.35 | 247.95 | 254.40 | 228.15 | 0.553 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 |
| 09 Wed Jul 2025 | 223.50 | 246.85 | 246.85 | 220.05 | 0.152 times |
| 30 Mon Jun 2025 | 240.40 | 213.25 | 257.40 | 213.25 | 2.078 times |
| 30 Fri May 2025 | 212.40 | 180.05 | 230.05 | 159.30 | 1.331 times |
| 30 Wed Apr 2025 | 183.20 | 188.00 | 202.20 | 170.30 | 0.837 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 230.25 and Pennar Steel (PennarSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 230.25 and Pennar Steel (PennarSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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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