(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 2024-03-22 View latest technical analysis
10 day averaged volume of Panch Steel is 20529
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 148.20 | 149.00 | 149.95 | 145.05 | 0.015 times |
| 21 Thu Mar 2024 | 147.10 | 151.00 | 151.95 | 147.10 | 0.03 times |
| 20 Wed Mar 2024 | 148.90 | 149.00 | 149.00 | 146.30 | 0.002 times |
| 19 Tue Mar 2024 | 145.10 | 151.55 | 151.65 | 144.00 | 0.009 times |
| 18 Mon Mar 2024 | 149.85 | 148.00 | 152.85 | 147.30 | 0.027 times |
| 15 Fri Mar 2024 | 146.10 | 143.00 | 150.50 | 143.00 | 0.025 times |
| 14 Thu Mar 2024 | 148.50 | 143.00 | 148.90 | 140.00 | 0.069 times |
| 13 Wed Mar 2024 | 144.25 | 158.80 | 158.80 | 140.00 | 3.994 times |
| 12 Tue Mar 2024 | 152.45 | 152.90 | 164.00 | 145.00 | 5.126 times |
| 11 Mon Mar 2024 | 149.00 | 148.00 | 150.10 | 144.00 | 0.647 times |
My analysis of stock is bullish for shortterm, and stock might move up till 150.2 or till 153.1. Use a stoploss of 147.72 and if this stock hits its stoploss, then it can fall down till 145.26
Share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Target | 118.65 |
| Downside Target | 137.30 |
| 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 | 143.85 |
| Downside Intraday Target | 139.5 |
| Upside Intraday Target | 152.7 |
| Upside Intraday Target | 157.2 |
| Upside Intraday Target | 148.35 |
Weekly technical analysis of Panch Steel (PanchSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 148.20 | 148.00 | 152.85 | 144.00 | 0.008 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 |
| 22 Fri Mar 2024 | 148.20 | 148.00 | 164.00 | 137.30 | 2.264 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, 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 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 Panch Steel ( (PanchSteel) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak and stock is losing 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Panch 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
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 148.85 and Panch Steel (PanchSteel) stock is trading below this level. This means that stock is falling with high volumes. 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 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 Panch Steel ( (PanchSteel) ) based on a short 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 Panch Steel ( (PanchSteel) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak and stock is losing 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Panch 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
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 148.85 and Panch Steel (PanchSteel) stock is trading below this level. This means that stock is falling with high volumes. 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 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 Panch Steel charts
Click here for further forecast and predictions for tomorrow