(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 94658
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 193.80 | 206.30 | 206.30 | 192.25 | 1.724 times |
| 07 Thu Nov 2024 | 203.70 | 208.95 | 209.00 | 202.35 | 0.777 times |
| 06 Wed Nov 2024 | 205.80 | 197.80 | 210.00 | 197.65 | 0.996 times |
| 05 Tue Nov 2024 | 197.80 | 200.75 | 203.80 | 196.75 | 0.887 times |
| 04 Mon Nov 2024 | 198.70 | 195.45 | 204.10 | 191.05 | 0.818 times |
| 01 Fri Nov 2024 | 196.65 | 197.55 | 199.80 | 190.45 | 0.863 times |
| 31 Thu Oct 2024 | 194.75 | 187.30 | 196.90 | 186.65 | 0.575 times |
| 30 Wed Oct 2024 | 185.35 | 180.25 | 187.40 | 180.25 | 0.555 times |
| 29 Tue Oct 2024 | 179.75 | 186.45 | 187.90 | 175.90 | 1.327 times |
| 28 Mon Oct 2024 | 186.65 | 187.95 | 191.75 | 182.90 | 0.568 times |
My analysis of stock is bullish for shortterm, and stock might move up till 201.1 or till 211.2. Use a stoploss of 192.78 and if this stock hits its stoploss, then it can fall down till 184.43
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 162.00 |
| Downside Target | 175.90 |
| Downside Target | 180.80 |
| Downside Target | 185.55 |
| Downside Target | 190.45 |
| Upside Target | 199.80 |
| Upside Target | 201.40 |
| Upside Target | 204.20 |
| Upside Target | 210.00 |
| Upside Target | 210.40 |
| Upside Target | 215.00 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 186.57 |
| Downside Intraday Target | 179.33 |
| Upside Intraday Target | 205.52 |
| Upside Intraday Target | 217.23 |
| Upside Intraday Target | 198.28 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 193.80 | 195.45 | 210.00 | 191.05 | 1.338 times |
| 01 Fri Nov 2024 | 196.65 | 187.95 | 199.80 | 175.90 | 0.33 times |
| 25 Fri Oct 2024 | 185.25 | 210.75 | 215.00 | 180.80 | 1.711 times |
| 18 Fri Oct 2024 | 206.95 | 176.00 | 210.40 | 176.00 | 1.167 times |
| 11 Fri Oct 2024 | 177.45 | 183.30 | 185.55 | 167.00 | 0.822 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 |
| 08 Fri Nov 2024 | 193.80 | 197.55 | 210.00 | 190.45 | 0.176 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 |
| 30 Fri Aug 2024 | 178.00 | 191.60 | 201.40 | 164.30 | 0.61 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 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 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 BUY. Signal strength is Weak 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 194.11 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 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 BUY. Signal strength is Weak 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 194.11 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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