(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 68771
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon Jun 2025 | 222.65 | 225.05 | 225.05 | 219.55 | 0.51 times |
| 19 Thu Jun 2025 | 218.70 | 232.10 | 233.55 | 217.40 | 0.518 times |
| 18 Wed Jun 2025 | 229.90 | 230.00 | 235.50 | 229.30 | 0.596 times |
| 17 Tue Jun 2025 | 233.60 | 236.70 | 240.55 | 232.00 | 0.748 times |
| 16 Mon Jun 2025 | 236.65 | 238.60 | 239.45 | 228.80 | 1.236 times |
| 13 Fri Jun 2025 | 237.35 | 228.15 | 241.35 | 228.15 | 2.687 times |
| 12 Thu Jun 2025 | 237.45 | 244.85 | 245.10 | 236.20 | 0.997 times |
| 11 Wed Jun 2025 | 242.55 | 245.30 | 251.70 | 241.35 | 1.177 times |
| 10 Tue Jun 2025 | 247.00 | 247.85 | 254.40 | 245.05 | 1.372 times |
| 09 Mon Jun 2025 | 246.85 | 247.95 | 250.35 | 245.55 | 0.243 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 221.9 as stoploss in an intra day buy trade for a target of 233.36. However, stock will show a bearish move below 221.9.
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 136.60 |
| Downside Target | 149.95 |
| Downside Target | 159.30 |
| Downside Target | 170.30 |
| Downside Target | 178.75 |
| Downside Target | 194.50 |
| Downside Target | 202.20 |
| Downside Target | 213.25 |
| Upside Target | 225.05 |
| Upside Target | 230.05 |
| Upside Target | 240.55 |
| Upside Target | 254.40 |
| Upside Target | 257.40 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 219.78 |
| Downside Intraday Target | 216.92 |
| Upside Intraday Target | 225.28 |
| Upside Intraday Target | 227.92 |
| Downside Intraday Target | 222.42 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon Jun 2025 | 222.65 | 225.05 | 225.05 | 219.55 | 0.165 times |
| 19 Thu Jun 2025 | 218.70 | 238.60 | 240.55 | 217.40 | 0.478 times |
| 13 Fri Jun 2025 | 237.35 | 247.95 | 254.40 | 228.15 | 0.553 times |
| 06 Fri Jun 2025 | 246.75 | 213.25 | 257.40 | 213.25 | 2.097 times |
| 30 Fri May 2025 | 212.40 | 213.50 | 230.05 | 205.85 | 1.702 times |
Price has moved up 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 |
| 23 Mon Jun 2025 | 222.65 | 213.25 | 257.40 | 213.25 | 1.644 times |
| 30 Fri May 2025 | 212.40 | 180.05 | 230.05 | 159.30 | 1.331 times |
| 30 Wed Apr 2025 | 183.20 | 188.00 | 202.20 | 170.30 | 0.837 times |
| 28 Fri Mar 2025 | 187.65 | 154.05 | 194.50 | 149.95 | 0.809 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 short 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 short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Pennar Steel in short term but the sell signal is initial and weak.
Pennar Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 237 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 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 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 short 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 short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Pennar Steel in short term but the sell signal is initial and weak.
Pennar Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 237 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 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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