(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 127432
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 218.90 | 221.00 | 224.75 | 217.95 | 0.275 times |
| 06 Fri Dec 2024 | 220.45 | 214.05 | 227.70 | 214.05 | 0.634 times |
| 05 Thu Dec 2024 | 217.80 | 225.55 | 227.55 | 214.95 | 0.817 times |
| 04 Wed Dec 2024 | 222.40 | 218.00 | 223.50 | 214.05 | 1.039 times |
| 03 Tue Dec 2024 | 217.70 | 219.05 | 221.95 | 215.35 | 0.431 times |
| 02 Mon Dec 2024 | 219.00 | 209.95 | 222.60 | 209.00 | 1.678 times |
| 29 Fri Nov 2024 | 208.60 | 203.50 | 214.00 | 199.00 | 2.668 times |
| 28 Thu Nov 2024 | 203.55 | 201.85 | 210.00 | 201.85 | 1.459 times |
| 27 Wed Nov 2024 | 200.65 | 196.95 | 203.60 | 194.75 | 0.708 times |
| 26 Tue Nov 2024 | 196.25 | 200.00 | 201.35 | 195.05 | 0.231 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 215.4, but if it comes below 215.4, then a intra day sell could be more profitable.
If you take a sell trade below 215.4, then use 215.4 as stoploss and 200.14 as target. However if you take a buy trade in stock , then use 215.4 as stoploss and 233.8 as target.
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 162.00 |
| Downside Target | 173.05 |
| Downside Target | 186.50 |
| Downside Target | 193.95 |
| Downside Target | 201.40 |
| Downside Target | 209.00 |
| Downside Target | 214.00 |
| Downside Target | 215.00 |
| Downside Target | 217.95 |
| Upside Target | 224.75 |
| Upside Target | 227.70 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 216.32 |
| Downside Intraday Target | 213.73 |
| Upside Intraday Target | 223.12 |
| Upside Intraday Target | 227.33 |
| Upside Intraday Target | 220.53 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 218.90 | 221.00 | 224.75 | 217.95 | 0.06 times |
| 06 Fri Dec 2024 | 220.45 | 209.95 | 227.70 | 209.00 | 0.851 times |
| 29 Fri Nov 2024 | 208.60 | 203.05 | 214.00 | 193.95 | 1.764 times |
| 22 Fri Nov 2024 | 201.75 | 184.55 | 203.40 | 173.05 | 1.073 times |
| 14 Thu Nov 2024 | 177.55 | 193.70 | 196.55 | 168.15 | 0.738 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 Mon Dec 2024 | 218.90 | 209.95 | 227.70 | 209.00 | 0.308 times |
| 29 Fri Nov 2024 | 208.60 | 197.55 | 214.00 | 168.15 | 0.617 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 |
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 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 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 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 Strong 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 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 above 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 and the buying is gaining 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 212.4 and Pennar Steel (PennarSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 Strong 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 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 above 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 and the buying is gaining 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 212.4 and Pennar Steel (PennarSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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