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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 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.

Click here for Pennar Steel charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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