(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 2025-01-03 View latest technical analysis
10 day averaged volume of Pennar Steel is 71795
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri Jan 2025 | 196.65 | 199.85 | 200.40 | 196.00 | 0.741 times |
| 02 Thu Jan 2025 | 200.45 | 202.90 | 203.50 | 199.55 | 0.376 times |
| 01 Wed Jan 2025 | 203.40 | 196.65 | 204.20 | 193.05 | 1.275 times |
| 31 Tue Dec 2024 | 193.55 | 192.70 | 194.70 | 190.30 | 0.651 times |
| 30 Mon Dec 2024 | 194.85 | 198.80 | 202.55 | 193.60 | 0.935 times |
| 27 Fri Dec 2024 | 198.70 | 198.55 | 203.30 | 195.95 | 1.061 times |
| 26 Thu Dec 2024 | 195.70 | 201.80 | 201.80 | 193.60 | 1.038 times |
| 24 Tue Dec 2024 | 196.80 | 189.10 | 200.60 | 187.45 | 0.983 times |
| 23 Mon Dec 2024 | 189.05 | 193.20 | 197.90 | 187.85 | 1.131 times |
| 20 Fri Dec 2024 | 191.95 | 203.00 | 204.20 | 190.85 | 1.076 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 194.7 as stoploss in an intra day buy trade for a target of 204.8. However, stock will show a bearish move below 194.7.
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 162.00 |
| Downside Target | 167.00 |
| Downside Target | 186.50 |
| Upside Target | 203.30 |
| Upside Target | 209.00 |
| Upside Target | 212.05 |
| Upside Target | 214.00 |
| Upside Target | 215.00 |
| Upside Target | 216.95 |
| Upside Target | 226.65 |
| Upside Target | 227.70 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 189.9 |
| Downside Intraday Target | 183.15 |
| Upside Intraday Target | 203.8 |
| Upside Intraday Target | 210.95 |
| Upside Intraday Target | 197.05 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri Jan 2025 | 196.65 | 198.80 | 204.20 | 190.30 | 0.944 times |
| 27 Fri Dec 2024 | 198.70 | 193.20 | 203.30 | 187.45 | 0.746 times |
| 20 Fri Dec 2024 | 191.95 | 215.90 | 216.95 | 190.85 | 0.982 times |
| 13 Fri Dec 2024 | 215.90 | 221.00 | 226.65 | 212.05 | 0.704 times |
| 06 Fri Dec 2024 | 220.45 | 209.95 | 227.70 | 209.00 | 0.851 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 |
| 03 Fri Jan 2025 | 196.65 | 196.65 | 204.20 | 193.05 | 0.094 times |
| 31 Tue Dec 2024 | 193.55 | 209.95 | 227.70 | 187.45 | 0.903 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 to mid 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Pennar Steel in short term and the sell signal is strong.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 but buying is losing 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 196 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 has given negative 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 to mid 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Pennar Steel in short term and the sell signal is strong.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 but buying is losing 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 196 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 has given negative 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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