(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 2025-03-17 View latest technical analysis
10 day averaged volume of Pennar Steel is 38596
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Mon Mar 2025 | 176.45 | 173.95 | 180.80 | 171.45 | 3.164 times |
| 13 Thu Mar 2025 | 168.50 | 172.15 | 175.25 | 167.90 | 1.405 times |
| 12 Wed Mar 2025 | 169.40 | 171.20 | 172.05 | 166.50 | 1.092 times |
| 11 Tue Mar 2025 | 167.95 | 172.90 | 172.90 | 165.00 | 0.566 times |
| 10 Mon Mar 2025 | 169.50 | 172.05 | 177.15 | 167.75 | 1.205 times |
| 07 Fri Mar 2025 | 174.25 | 173.55 | 177.30 | 172.00 | 0.561 times |
| 06 Thu Mar 2025 | 172.65 | 169.70 | 175.50 | 169.00 | 2.04 times |
| 05 Wed Mar 2025 | 168.55 | 158.10 | 169.25 | 158.05 | 1.383 times |
| 04 Tue Mar 2025 | 156.80 | 158.00 | 161.85 | 154.85 | 0.431 times |
| 03 Mon Mar 2025 | 158.15 | 154.05 | 159.15 | 149.95 | 0.54 times |
Stock of Pennar Steel (PennarSteel) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 173.7, but if it comes below 173.7, then a intra day sell could be more profitable.
If you take a sell trade below 173.7, then use 173.7 as stoploss and 166.03 as target. However if you take a buy trade in stock , then use 173.7 as stoploss and 182.9 as target.
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 |
| Downside Target | 165.00 |
| Downside Target | 174.95 |
| Upside Target | 178.75 |
| Upside Target | 180.80 |
| 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 | 171.67 |
| Downside Intraday Target | 166.88 |
| Upside Intraday Target | 181.02 |
| Upside Intraday Target | 185.58 |
| Downside Intraday Target | 176.23 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Mon Mar 2025 | 176.45 | 173.95 | 180.80 | 171.45 | 0.741 times |
| 13 Thu Mar 2025 | 168.50 | 172.05 | 177.15 | 165.00 | 0.861 times |
| 07 Fri Mar 2025 | 174.25 | 154.05 | 177.30 | 149.95 | 1.219 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 |
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 |
| 17 Mon Mar 2025 | 176.45 | 154.05 | 180.80 | 149.95 | 0.472 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Strong and stock is gaining 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Pennar Steel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 170.77 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Strong and stock is gaining 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Pennar Steel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 170.77 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 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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