(PanchSteel) Panch Steel complete technical analysis [charts+indicators] | Buy/Sell Panch Steel | (PanchSteel) share price targets
Complete technical analysis of Panch Steel (PanchSteel) by charts plus indicators, forecast predictions and share price targets for Panch Steel (PanchSteel)
Showing technical analysis as on 2024-03-07 View latest technical analysis
10 day averaged volume of Panch Steel is 3428
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 146.60 | 146.15 | 148.95 | 142.50 | 0.435 times |
| 06 Wed Mar 2024 | 143.60 | 146.90 | 146.90 | 142.00 | 0.443 times |
| 05 Tue Mar 2024 | 143.05 | 147.00 | 147.25 | 137.30 | 1.261 times |
| 04 Mon Mar 2024 | 147.50 | 148.00 | 153.00 | 147.00 | 2.171 times |
| 02 Sat Mar 2024 | 151.25 | 153.80 | 153.80 | 150.00 | 0.167 times |
| 01 Fri Mar 2024 | 147.60 | 148.00 | 149.95 | 147.05 | 0.16 times |
| 29 Thu Feb 2024 | 149.00 | 147.50 | 152.50 | 147.25 | 0.09 times |
| 28 Wed Feb 2024 | 150.35 | 144.15 | 166.00 | 144.15 | 3.461 times |
| 27 Tue Feb 2024 | 146.10 | 148.00 | 148.00 | 146.00 | 0.084 times |
| 26 Mon Feb 2024 | 149.85 | 150.00 | 150.00 | 147.15 | 0.031 times |
My analysis of stock is bearish for shortterm, and stock might move down till 144.3 or till 140.7. Use a stoploss of 147.24 and if the stock hits stoploss, then it can shoot up till 150.21
Share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Target | 118.65 |
| Downside Target | 137.30 |
| Upside Target | 149.90 |
| Upside Target | 153.00 |
| Upside Target | 153.80 |
| Upside Target | 157.80 |
| Upside Target | 160.00 |
| Upside Target | 164.90 |
| Upside Target | 166.00 |
| Upside Target | 169.90 |
Intraday share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Intraday Target | 138.27 |
| Downside Intraday Target | 129.93 |
| Upside Intraday Target | 153.97 |
| Upside Intraday Target | 161.33 |
| Downside Intraday Target | 145.63 |
Weekly technical analysis of Panch Steel (PanchSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 146.60 | 148.00 | 153.00 | 137.30 | 1.08 times |
| 02 Sat Mar 2024 | 151.25 | 150.00 | 166.00 | 144.15 | 0.308 times |
| 23 Fri Feb 2024 | 150.50 | 149.00 | 157.80 | 143.20 | 6.945 times |
| 16 Fri Feb 2024 | 143.15 | 142.10 | 151.90 | 140.00 | 0.324 times |
| 09 Fri Feb 2024 | 147.20 | 146.75 | 149.90 | 140.00 | 0.845 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 Panch Steel (PanchSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 146.60 | 148.00 | 153.80 | 137.30 | 0.164 times |
| 29 Thu Feb 2024 | 149.00 | 145.25 | 166.00 | 140.00 | 0.765 times |
| 31 Wed Jan 2024 | 149.00 | 151.95 | 164.90 | 142.20 | 0.972 times |
| 29 Fri Dec 2023 | 149.05 | 154.00 | 169.90 | 138.45 | 0.727 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 Panch Steel (PanchSteel)
Price action analysis of Panch Steel ( (PanchSteel) ) 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 Panch Steel ( (PanchSteel) ) 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 Panch Steel ( (PanchSteel) ) based on a short to mid 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 Panch Steel ( (PanchSteel) ) 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 Panch Steel stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Panch Steel in short term and the sell signal is strong.
Panch Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Panch Steel in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 Panch 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 147.85 and Panch Steel (PanchSteel) 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 Panch Steel (PanchSteel) stock. Volume based technical analysis of Panch Steel (PanchSteel) stock is negative.
Panch 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 Panch Steel ( (PanchSteel) ) 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 Panch Steel ( (PanchSteel) ) 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 Panch Steel ( (PanchSteel) ) based on a short to mid 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 Panch Steel ( (PanchSteel) ) 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 Panch Steel stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Panch Steel in short term and the sell signal is strong.
Panch Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Panch Steel in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 Panch 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 147.85 and Panch Steel (PanchSteel) 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 Panch Steel (PanchSteel) stock. Volume based technical analysis of Panch Steel (PanchSteel) stock is negative.
Panch 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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