(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 2025-06-06 View latest technical analysis
10 day averaged volume of Pennar Steel is 124159
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Fri Jun 2025 | 246.75 | 249.65 | 250.70 | 243.75 | 0.236 times |
| 05 Thu Jun 2025 | 245.95 | 247.80 | 251.30 | 244.05 | 0.855 times |
| 04 Wed Jun 2025 | 247.65 | 237.85 | 257.40 | 237.70 | 1.376 times |
| 03 Tue Jun 2025 | 237.50 | 245.85 | 248.00 | 235.90 | 2.128 times |
| 02 Mon Jun 2025 | 242.05 | 213.25 | 245.00 | 213.25 | 1.893 times |
| 30 Fri May 2025 | 212.40 | 226.70 | 226.80 | 205.85 | 0.805 times |
| 29 Thu May 2025 | 224.80 | 224.00 | 230.05 | 220.90 | 1.248 times |
| 28 Wed May 2025 | 222.70 | 222.00 | 223.85 | 219.40 | 0.189 times |
| 27 Tue May 2025 | 220.05 | 215.10 | 221.05 | 212.60 | 0.517 times |
| 26 Mon May 2025 | 214.55 | 213.50 | 222.00 | 213.50 | 0.334 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 234.9, but if it comes below 234.9, then a intra day sell could be more profitable.
If you take a sell trade below 234.9, then use 234.9 as stoploss and 215.49 as target. However if you take a buy trade in stock , then use 234.9 as stoploss and 258.3 as target.
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 136.60 |
| Downside Target | 149.95 |
| Downside Target | 159.30 |
| Downside Target | 170.30 |
| Downside Target | 175.00 |
| Downside Target | 178.75 |
| Downside Target | 190.05 |
| Downside Target | 194.00 |
| Downside Target | 199.10 |
| Downside Target | 213.25 |
| Downside Target | 217.85 |
| Downside Target | 230.05 |
| Upside Target | 257.40 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 220.87 |
| Downside Intraday Target | 194.98 |
| Upside Intraday Target | 265.02 |
| Upside Intraday Target | 283.28 |
| Downside Intraday Target | 239.13 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Fri Jun 2025 | 246.75 | 213.25 | 257.40 | 213.25 | 2.097 times |
| 30 Fri May 2025 | 212.40 | 213.50 | 230.05 | 205.85 | 1.702 times |
| 23 Fri May 2025 | 215.50 | 190.05 | 217.85 | 190.05 | 1.529 times |
| 16 Fri May 2025 | 193.40 | 184.95 | 199.10 | 175.00 | 1.062 times |
| 09 Fri May 2025 | 172.30 | 181.70 | 194.00 | 159.30 | 1.558 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Pennar Steel (PennarSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Fri Jun 2025 | 246.75 | 213.25 | 257.40 | 213.25 | 0.883 times |
| 30 Fri May 2025 | 212.40 | 180.05 | 230.05 | 159.30 | 1.331 times |
| 30 Wed Apr 2025 | 183.20 | 188.00 | 202.20 | 170.30 | 0.837 times |
| 28 Fri Mar 2025 | 187.65 | 154.05 | 194.50 | 149.95 | 0.809 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 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 BUY. Signal strength is Strong 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 green color and prices are above the green 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 235.04 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 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 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 BUY. Signal strength is Strong 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 green color and prices are above the green 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 235.04 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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