(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 2024-11-26 View latest technical analysis
10 day averaged volume of Pennar Steel is 95984
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 196.25 | 200.00 | 201.35 | 195.05 | 0.306 times |
| 25 Mon Nov 2024 | 195.05 | 203.05 | 204.95 | 193.95 | 0.446 times |
| 22 Fri Nov 2024 | 201.75 | 198.10 | 203.40 | 192.25 | 0.828 times |
| 21 Thu Nov 2024 | 197.10 | 191.00 | 198.80 | 181.50 | 0.961 times |
| 19 Tue Nov 2024 | 181.25 | 186.60 | 187.85 | 179.60 | 0.737 times |
| 18 Mon Nov 2024 | 182.75 | 184.55 | 184.55 | 173.05 | 1.538 times |
| 14 Thu Nov 2024 | 177.55 | 171.05 | 179.25 | 171.05 | 0.523 times |
| 13 Wed Nov 2024 | 173.15 | 180.00 | 180.00 | 168.15 | 1.17 times |
| 12 Tue Nov 2024 | 182.70 | 192.40 | 192.45 | 181.80 | 0.617 times |
| 11 Mon Nov 2024 | 192.45 | 193.70 | 196.55 | 189.50 | 1.479 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 200.2 as stoploss in an intra day sell trade for a target of 191.15. However, stock will show a bullish move above 200.2.
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 162.00 |
| Downside Target | 173.05 |
| Downside Target | 186.50 |
| Downside Target | 191.05 |
| Upside Target | 199.80 |
| Upside Target | 201.40 |
| Upside Target | 203.40 |
| Upside Target | 204.20 |
| Upside Target | 204.95 |
| Upside Target | 210.00 |
| Upside Target | 215.00 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 191.82 |
| Downside Intraday Target | 187.38 |
| Upside Intraday Target | 202.82 |
| Upside Intraday Target | 209.38 |
| Upside Intraday Target | 198.38 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 196.25 | 203.05 | 204.95 | 193.95 | 0.185 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 |
| 08 Fri Nov 2024 | 193.80 | 195.45 | 210.00 | 191.05 | 1.338 times |
| 01 Fri Nov 2024 | 196.65 | 187.95 | 199.80 | 175.90 | 0.33 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 |
| 26 Tue Nov 2024 | 196.25 | 197.55 | 210.00 | 168.15 | 0.429 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 |
| 30 Fri Aug 2024 | 178.00 | 191.60 | 201.40 | 164.30 | 0.61 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 but SELL signal is weak.
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 187.21 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 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 but SELL signal is weak.
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 187.21 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 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 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.
Click here for Pennar Steel charts
Click here for further forecast and predictions for tomorrow