(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 2025-03-04 View latest technical analysis
10 day averaged volume of Pennar Steel is 60985
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Mar 2025 | 156.80 | 158.00 | 161.85 | 154.85 | 0.273 times |
| 03 Mon Mar 2025 | 158.15 | 154.05 | 159.15 | 149.95 | 0.342 times |
| 28 Fri Feb 2025 | 156.50 | 166.90 | 166.90 | 155.90 | 0.492 times |
| 27 Thu Feb 2025 | 164.05 | 177.80 | 177.80 | 162.75 | 0.905 times |
| 25 Tue Feb 2025 | 171.55 | 168.05 | 178.75 | 167.50 | 0.446 times |
| 24 Mon Feb 2025 | 168.55 | 170.05 | 171.95 | 166.95 | 0.729 times |
| 21 Fri Feb 2025 | 174.00 | 165.20 | 174.95 | 165.20 | 0.734 times |
| 20 Thu Feb 2025 | 168.50 | 162.95 | 170.00 | 162.00 | 0.967 times |
| 19 Wed Feb 2025 | 165.30 | 157.60 | 166.75 | 156.85 | 0.929 times |
| 18 Tue Feb 2025 | 157.70 | 163.00 | 166.65 | 153.00 | 1.813 times |
My analysis of stock is bearish for shortterm, and stock might move down till 152.2 or till 142.5. Use a stoploss of 160.33 and if the stock hits stoploss, then it can shoot up till 168.42
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 136.60 |
| Downside Target | 142.50 |
| Downside Target | 148.10 |
| Downside Target | 155.90 |
| Upside Target | 161.85 |
| Upside Target | 174.95 |
| Upside Target | 178.75 |
| Upside Target | 187.45 |
| Upside Target | 204.20 |
| Upside Target | 214.00 |
| Upside Target | 227.70 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 150.55 |
| Downside Intraday Target | 144.3 |
| Upside Intraday Target | 162.45 |
| Upside Intraday Target | 168.1 |
| Downside Intraday Target | 156.2 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Mar 2025 | 156.80 | 154.05 | 161.85 | 149.95 | 0.239 times |
| 28 Fri Feb 2025 | 156.50 | 170.05 | 178.75 | 155.90 | 0.363 times |
| 21 Fri Feb 2025 | 174.00 | 144.80 | 174.95 | 142.50 | 1.741 times |
| 14 Fri Feb 2025 | 143.90 | 158.15 | 164.95 | 136.60 | 1.413 times |
| 07 Fri Feb 2025 | 161.10 | 159.00 | 169.00 | 152.25 | 0.61 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 |
| 04 Tue Mar 2025 | 156.80 | 154.05 | 161.85 | 149.95 | 0.037 times |
| 28 Fri Feb 2025 | 156.50 | 159.00 | 178.75 | 136.60 | 0.839 times |
| 31 Fri Jan 2025 | 164.95 | 196.65 | 204.20 | 148.10 | 0.663 times |
| 31 Tue Dec 2024 | 193.55 | 209.95 | 227.70 | 187.45 | 0.903 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 BUY signal for Pennar Steel in short term but the buy 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Pennar Steel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 164.07 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 BUY signal for Pennar Steel in short term but the buy 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Pennar Steel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 164.07 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 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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