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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 46367

Date Daily Closing Price Open High Low Volume
10 Mon Feb 2025 156.50 158.15 164.95 154.00 0.818 times
07 Fri Feb 2025 161.10 169.00 169.00 160.10 0.941 times
06 Thu Feb 2025 167.55 163.70 169.00 161.90 0.708 times
05 Wed Feb 2025 162.20 155.40 164.35 155.40 0.649 times
04 Tue Feb 2025 158.20 157.80 161.15 154.55 0.702 times
03 Mon Feb 2025 153.00 159.00 161.55 152.25 0.788 times
31 Fri Jan 2025 164.95 160.00 165.90 159.50 0.888 times
30 Thu Jan 2025 159.85 162.00 164.60 159.50 0.411 times
29 Wed Jan 2025 162.10 159.55 164.05 157.60 0.832 times
28 Tue Jan 2025 155.80 157.25 161.80 148.10 3.096 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 158.2, but if it comes above 158.2, then a intra day buy could be more profitable.
If you take a sell trade below 158.2, then use 158.2 as stoploss and 148.2 as target. However if you take a buy trade in stock , then use 158.2 as stoploss and 166.61 as target.

Share price targets for Pennar Steel (PennarSteel)

Target Type Value
Downside Target 148.10
Downside Target 152.25
Upside Target 164.95
Upside Target 170.55
Upside Target 180.85
Upside Target 183.95
Upside Target 187.45
Upside Target 204.20
Upside Target 214.00
Upside Target 215.00
Upside Target 227.70

Intraday share price targets for Pennar Steel (PennarSteel)

Target Type Value
Downside Intraday Target 152.02
Downside Intraday Target 147.53
Upside Intraday Target 162.97
Upside Intraday Target 169.43
Upside Intraday Target 158.48

Weekly technical analysis of Pennar Steel (PennarSteel)

Date Weekly Closing Price Open High Low Volume
10 Mon Feb 2025 156.50 158.15 164.95 154.00 0.216 times
07 Fri Feb 2025 161.10 159.00 169.00 152.25 0.61 times
31 Fri Jan 2025 164.95 167.45 167.45 148.10 1.961 times
24 Fri Jan 2025 167.40 180.10 180.85 166.10 0.537 times
17 Fri Jan 2025 179.05 176.15 183.95 170.55 0.835 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
10 Mon Feb 2025 156.50 159.00 169.00 152.25 0.177 times
31 Fri Jan 2025 164.95 196.65 204.20 148.10 0.663 times
31 Tue Dec 2024 193.55 209.95 227.70 187.45 0.903 times
29 Fri Nov 2024 208.60 197.55 214.00 168.15 0.617 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 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 mid to longer 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.

ADX buy sell signal for Pennar Steel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Pennar Steel in short term but the buy 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 red color and prices are below the red 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 SELL signal in short term but selling 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 159.11 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 negative.

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 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 mid to longer 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.

ADX buy sell signal for Pennar Steel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Pennar Steel in short term but the buy 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 red color and prices are below the red 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 SELL signal in short term but selling 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 159.11 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 negative.

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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