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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)

Showing technical analysis as on 2024-10-28 View latest technical analysis

10 day averaged volume of Pennar Steel is 176894

Date Daily Closing Price Open High Low Volume
28 Mon Oct 2024 186.65 187.95 191.75 182.90 0.304 times
25 Fri Oct 2024 185.25 195.65 195.80 180.80 1.409 times
24 Thu Oct 2024 193.75 199.75 203.95 192.20 0.767 times
23 Wed Oct 2024 198.55 184.05 204.90 184.05 0.965 times
22 Tue Oct 2024 187.30 204.85 204.85 186.00 2.029 times
21 Mon Oct 2024 204.30 210.75 215.00 201.00 1.141 times
18 Fri Oct 2024 206.95 184.20 210.40 182.00 2.098 times
17 Thu Oct 2024 185.75 185.05 188.85 180.40 0.55 times
16 Wed Oct 2024 184.95 184.95 186.20 182.10 0.436 times
15 Tue Oct 2024 183.90 184.00 185.00 176.95 0.373 times

My analysis of stock is bullish for shortterm, and stock might move up till 194.5 or till 206.4. Use a stoploss of 184.57 and if this stock hits its stoploss, then it can fall down till 174.63

Share price targets for Pennar Steel (PennarSteel)

Target Type Value
Downside Target 120.00
Downside Target 162.00
Downside Target 176.00
Downside Target 180.80
Downside Target 186.50
Upside Target 189.90
Upside Target 191.75
Upside Target 201.40
Upside Target 204.20
Upside Target 210.40
Upside Target 215.00

Intraday share price targets for Pennar Steel (PennarSteel)

Target Type Value
Downside Intraday Target 182.45
Downside Intraday Target 178.25
Upside Intraday Target 191.3
Upside Intraday Target 195.95
Upside Intraday Target 187.1

Weekly technical analysis of Pennar Steel (PennarSteel)

Date Weekly Closing Price Open High Low Volume
28 Mon Oct 2024 186.65 187.95 191.75 182.90 0.048 times
25 Fri Oct 2024 185.25 210.75 215.00 180.80 1.711 times
18 Fri Oct 2024 206.95 176.00 210.40 176.00 1.167 times
11 Fri Oct 2024 177.45 183.30 185.55 167.00 0.822 times
03 Thu Oct 2024 187.00 174.00 189.90 168.75 0.58 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
28 Mon Oct 2024 186.65 175.45 215.00 167.00 1.383 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Pennar Steel in short term but the sell 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. 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 194.27 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Pennar Steel in short term but the sell 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. 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 194.27 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 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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Daily charts

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