(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 222046
Date | Daily Closing Price | Open | High | Low | Volume |
08 Tue Oct 2024 | 178.30 | 168.00 | 179.00 | 167.00 | 0.548 times |
07 Mon Oct 2024 | 171.00 | 183.30 | 185.55 | 169.25 | 1.262 times |
03 Thu Oct 2024 | 187.00 | 180.85 | 189.90 | 177.10 | 1.712 times |
01 Tue Oct 2024 | 182.20 | 175.45 | 183.85 | 173.75 | 1.231 times |
30 Mon Sep 2024 | 170.45 | 174.00 | 174.00 | 168.75 | 0.12 times |
27 Fri Sep 2024 | 170.75 | 175.00 | 175.00 | 170.20 | 0.105 times |
26 Thu Sep 2024 | 173.05 | 177.05 | 179.35 | 172.25 | 0.148 times |
25 Wed Sep 2024 | 180.00 | 183.90 | 184.85 | 178.80 | 0.783 times |
24 Tue Sep 2024 | 182.85 | 172.00 | 186.50 | 171.95 | 3.18 times |
23 Mon Sep 2024 | 172.70 | 172.00 | 173.90 | 170.85 | 1.065 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 178.9 as stoploss in an intra day sell trade for a target of 173.05. However, stock will show a bullish move above 178.9.
Share price targets for Pennar Steel (PennarSteel)
Target Type | Value |
Downside Target | 120.00 |
Downside Target | 162.00 |
Downside Target | 175.85 |
Upside Target | 185.55 |
Upside Target | 185.90 |
Upside Target | 186.50 |
Upside Target | 189.90 |
Upside Target | 201.40 |
Upside Target | 204.20 |
Intraday share price targets for Pennar Steel (PennarSteel)
Target Type | Value |
Downside Intraday Target | 168.35 |
Downside Intraday Target | 158.4 |
Upside Intraday Target | 186.9 |
Upside Intraday Target | 195.5 |
Downside Intraday Target | 176.95 |
Weekly technical analysis of Pennar Steel (PennarSteel)
Date | Weekly Closing Price | Open | High | Low | Volume |
08 Tue Oct 2024 | 178.30 | 183.30 | 185.55 | 167.00 | 0.591 times |
03 Thu Oct 2024 | 187.00 | 174.00 | 189.90 | 168.75 | 0.58 times |
27 Fri Sep 2024 | 170.75 | 172.00 | 186.50 | 170.20 | 2.666 times |
20 Fri Sep 2024 | 169.70 | 173.55 | 175.85 | 162.00 | 2.266 times |
13 Fri Sep 2024 | 172.40 | 172.00 | 173.45 | 163.65 | 0.539 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 Tue Oct 2024 | 178.30 | 175.45 | 189.90 | 167.00 | 0.481 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 |
31 Wed Jul 2024 | 193.90 | 173.20 | 204.20 | 164.75 | 1.028 times |
Scroll below to view daily charts
Price has moved up 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 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 mid to longer 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.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Pennar Steel in short term and SELL signal is strong!
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 180.05 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 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 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 mid to longer 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.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Pennar Steel in short term and SELL signal is strong!
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 180.05 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 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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