(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 2024-03-18 View latest technical analysis
10 day averaged volume of Panch Steel is 21778
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 149.85 | 148.00 | 152.85 | 147.30 | 0.025 times |
| 15 Fri Mar 2024 | 146.10 | 143.00 | 150.50 | 143.00 | 0.024 times |
| 14 Thu Mar 2024 | 148.50 | 143.00 | 148.90 | 140.00 | 0.065 times |
| 13 Wed Mar 2024 | 144.25 | 158.80 | 158.80 | 140.00 | 3.765 times |
| 12 Tue Mar 2024 | 152.45 | 152.90 | 164.00 | 145.00 | 4.832 times |
| 11 Mon Mar 2024 | 149.00 | 148.00 | 150.10 | 144.00 | 0.61 times |
| 07 Thu Mar 2024 | 146.60 | 146.15 | 148.95 | 142.50 | 0.068 times |
| 06 Wed Mar 2024 | 143.60 | 146.90 | 146.90 | 142.00 | 0.07 times |
| 05 Tue Mar 2024 | 143.05 | 147.00 | 147.25 | 137.30 | 0.198 times |
| 04 Mon Mar 2024 | 147.50 | 148.00 | 153.00 | 147.00 | 0.342 times |
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 150.7 as stoploss in an intra day sell trade for a target of 148.09. However, stock will show a bullish move above 150.7.
Share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Target | 118.65 |
| Downside Target | 137.30 |
| Downside Target | 147.30 |
| Upside Target | 152.85 |
| Upside Target | 157.80 |
| Upside Target | 160.00 |
| Upside Target | 164.00 |
| 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 | 147.15 |
| Downside Intraday Target | 144.45 |
| Upside Intraday Target | 152.7 |
| Upside Intraday Target | 155.55 |
| Upside Intraday Target | 150 |
Weekly technical analysis of Panch Steel (PanchSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 149.85 | 148.00 | 152.85 | 147.30 | 0.003 times |
| 15 Fri Mar 2024 | 146.10 | 148.00 | 164.00 | 140.00 | 13.702 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 |
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 |
| 18 Mon Mar 2024 | 149.85 | 148.00 | 164.00 | 137.30 | 2.252 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 up this month, and volume has increased substantially. This means that the move can 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 neutral. A longer time frame might give a better analysis.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Panch Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Panch 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.
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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Panch Steel in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Panch 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 148.65 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 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 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 neutral. A longer time frame might give a better analysis.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Panch Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Panch 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.
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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Panch Steel in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Panch 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 148.65 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 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 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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