(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)
10 day averaged volume of Pennar Steel is 51722
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Tue Apr 2025 | 185.80 | 188.00 | 190.50 | 183.50 | 0.27 times |
| 28 Fri Mar 2025 | 187.65 | 194.50 | 194.50 | 187.25 | 0.245 times |
| 26 Wed Mar 2025 | 180.25 | 186.30 | 186.30 | 179.40 | 0.739 times |
| 25 Tue Mar 2025 | 182.65 | 191.00 | 191.25 | 181.40 | 0.616 times |
| 24 Mon Mar 2025 | 185.60 | 190.95 | 191.75 | 185.15 | 0.332 times |
| 21 Fri Mar 2025 | 188.05 | 183.70 | 189.90 | 182.70 | 0.745 times |
| 20 Thu Mar 2025 | 183.15 | 183.35 | 185.60 | 178.35 | 0.417 times |
| 19 Wed Mar 2025 | 183.30 | 188.00 | 191.80 | 182.75 | 1.053 times |
| 18 Tue Mar 2025 | 185.25 | 179.00 | 187.00 | 176.30 | 2.445 times |
| 17 Mon Mar 2025 | 176.45 | 173.95 | 180.80 | 171.45 | 2.361 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 185.1, but if it comes below 185.1, then a intra day sell could be more profitable.
If you take a sell trade below 185.1, then use 185.1 as stoploss and 175.02 as target. However if you take a buy trade in stock , then use 185.1 as stoploss and 197.3 as target.
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 136.60 |
| Downside Target | 148.10 |
| Downside Target | 165.00 |
| Downside Target | 171.45 |
| Downside Target | 177.15 |
| Downside Target | 183.50 |
| Upside Target | 187.45 |
| Upside Target | 190.50 |
| Upside Target | 191.80 |
| Upside Target | 194.50 |
| Upside Target | 204.20 |
| Upside Target | 227.70 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 182.7 |
| Downside Intraday Target | 179.6 |
| Upside Intraday Target | 189.7 |
| Upside Intraday Target | 193.6 |
| Upside Intraday Target | 186.6 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Tue Apr 2025 | 185.80 | 188.00 | 190.50 | 183.50 | 0.14 times |
| 28 Fri Mar 2025 | 187.65 | 190.95 | 194.50 | 179.40 | 0.275 times |
| 21 Fri Mar 2025 | 188.05 | 173.95 | 191.80 | 171.45 | 2.204 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 |
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 |
| 01 Tue Apr 2025 | 185.80 | 188.00 | 190.50 | 183.50 | 0.017 times |
| 28 Fri Mar 2025 | 187.65 | 154.05 | 194.50 | 149.95 | 0.809 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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 and the buying is gaining 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 182.42 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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 and the buying is gaining 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 182.42 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.
Click here for Pennar Steel charts
Click here for further forecast and predictions for tomorrow