(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.
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