(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 2025-09-09 View latest technical analysis
10 day averaged volume of Pennar Steel is 40982
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Sep 2025 | 243.30 | 253.35 | 253.40 | 241.30 | 0.277 times |
| 08 Mon Sep 2025 | 252.10 | 247.15 | 257.40 | 243.75 | 1.067 times |
| 05 Fri Sep 2025 | 247.15 | 245.10 | 250.90 | 243.05 | 1.249 times |
| 04 Thu Sep 2025 | 245.40 | 258.55 | 258.55 | 243.75 | 0.635 times |
| 03 Wed Sep 2025 | 253.70 | 249.75 | 259.30 | 249.75 | 0.565 times |
| 02 Tue Sep 2025 | 249.75 | 244.00 | 253.75 | 242.95 | 0.881 times |
| 01 Mon Sep 2025 | 243.10 | 238.10 | 247.45 | 238.10 | 2.426 times |
| 29 Fri Aug 2025 | 239.05 | 243.75 | 245.20 | 237.95 | 0.951 times |
| 28 Thu Aug 2025 | 242.75 | 244.20 | 248.00 | 240.85 | 0.437 times |
| 26 Tue Aug 2025 | 244.50 | 254.00 | 254.00 | 243.30 | 1.319 times |
My analysis of stock is bearish for shortterm, and stock might move down till 229.7 or till 212.1. Use a stoploss of 244.26 and if the stock hits stoploss, then it can shoot up till 258.86
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 159.30 |
| Downside Target | 201.95 |
| Downside Target | 211.55 |
| Downside Target | 229.75 |
| Downside Target | 237.95 |
| Upside Target | 257.40 |
| Upside Target | 259.30 |
| Upside Target | 259.70 |
| Upside Target | 265.00 |
| Upside Target | 269.25 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 237.27 |
| Downside Intraday Target | 231.23 |
| Upside Intraday Target | 253.37 |
| Upside Intraday Target | 263.43 |
| Upside Intraday Target | 247.33 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Sep 2025 | 243.30 | 247.15 | 257.40 | 241.30 | 0.233 times |
| 05 Fri Sep 2025 | 247.15 | 238.10 | 259.30 | 238.10 | 1.812 times |
| 29 Fri Aug 2025 | 239.05 | 259.05 | 259.70 | 237.95 | 0.074 times |
| 22 Fri Aug 2025 | 257.30 | 216.25 | 269.25 | 216.25 | 8.288 times |
| 14 Thu Aug 2025 | 212.80 | 229.75 | 229.75 | 211.55 | 0.708 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 |
| 09 Tue Sep 2025 | 243.30 | 238.10 | 259.30 | 238.10 | 0.119 times |
| 29 Fri Aug 2025 | 239.05 | 244.00 | 269.25 | 211.55 | 1.772 times |
| 31 Thu Jul 2025 | 239.70 | 246.85 | 265.00 | 201.95 | 0.728 times |
| 30 Mon Jun 2025 | 240.40 | 213.25 | 257.40 | 213.25 | 2.078 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL signal for Pennar Steel in short term but the sell 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 weakening, and bulls are picking up momentum!
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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 245.74 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL signal for Pennar Steel in short term but the sell 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 weakening, and bulls are picking up momentum!
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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 245.74 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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