(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 2024-03-11 View latest technical analysis
10 day averaged volume of Panch Steel is 2846
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 149.00 | 148.00 | 150.10 | 144.00 | 4.666 times |
| 07 Thu Mar 2024 | 146.60 | 146.15 | 148.95 | 142.50 | 0.524 times |
| 06 Wed Mar 2024 | 143.60 | 146.90 | 146.90 | 142.00 | 0.534 times |
| 05 Tue Mar 2024 | 143.05 | 147.00 | 147.25 | 137.30 | 1.519 times |
| 04 Mon Mar 2024 | 147.50 | 148.00 | 153.00 | 147.00 | 2.615 times |
| 02 Sat Mar 2024 | 151.25 | 153.80 | 153.80 | 150.00 | 0.201 times |
| 01 Fri Mar 2024 | 147.60 | 148.00 | 149.95 | 147.05 | 0.192 times |
| 29 Thu Feb 2024 | 149.00 | 147.50 | 152.50 | 147.25 | 0.109 times |
| 28 Wed Feb 2024 | 150.35 | 144.15 | 166.00 | 144.15 | 4.168 times |
| 27 Tue Feb 2024 | 146.10 | 148.00 | 148.00 | 146.00 | 0.101 times |
Stock of Panch Steel (PanchSteel) 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 stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 150.3 as stoploss in an intra day sell trade for a target of 147.6. However, stock will show a bullish move above 150.3.
Share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Target | 118.65 |
| Downside Target | 137.30 |
| Upside Target | 150.10 |
| 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 | 145.3 |
| Downside Intraday Target | 141.6 |
| Upside Intraday Target | 151.4 |
| Upside Intraday Target | 153.8 |
| Downside Intraday Target | 147.7 |
Weekly technical analysis of Panch Steel (PanchSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 149.00 | 148.00 | 150.10 | 144.00 | 0.899 times |
| 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 |
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 Panch Steel (PanchSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 149.00 | 148.00 | 153.80 | 137.30 | 0.3 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Panch 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 red color and prices are in or above 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 148.21 and Panch Steel (PanchSteel) 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 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 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 Panch Steel ( (PanchSteel) ) 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Panch 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 red color and prices are in or above 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 148.21 and Panch Steel (PanchSteel) 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 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 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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