(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 2024-11-22 View latest technical analysis
10 day averaged volume of Panch Steel is 3599
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Nov 2024 | 253.75 | 289.90 | 289.90 | 242.05 | 0.322 times |
| 21 Thu Nov 2024 | 252.15 | 264.95 | 264.95 | 250.15 | 0.013 times |
| 19 Tue Nov 2024 | 266.95 | 270.20 | 274.95 | 265.55 | 0.171 times |
| 18 Mon Nov 2024 | 259.05 | 262.00 | 262.00 | 256.00 | 0.029 times |
| 14 Thu Nov 2024 | 274.00 | 265.00 | 299.95 | 265.00 | 0.061 times |
| 13 Wed Nov 2024 | 278.85 | 314.00 | 314.00 | 273.00 | 0.081 times |
| 12 Tue Nov 2024 | 293.00 | 307.95 | 314.95 | 290.00 | 0.572 times |
| 11 Mon Nov 2024 | 306.75 | 295.00 | 332.00 | 288.30 | 2.575 times |
| 08 Fri Nov 2024 | 281.55 | 299.90 | 299.90 | 275.10 | 0.614 times |
| 07 Thu Nov 2024 | 290.10 | 294.00 | 299.65 | 287.95 | 2.041 times |
My analysis of stock is bearish for shortterm, and stock might move down till 238.1 or till 209.7. Use a stoploss of 261.74 and if the stock hits stoploss, then it can shoot up till 285.39
Share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Target | 191.00 |
| Downside Target | 200.00 |
| Downside Target | 205.00 |
| Downside Target | 215.00 |
| Downside Target | 228.95 |
| Downside Target | 242.05 |
| Downside Target | 251.50 |
| Upside Target | 260.00 |
| Upside Target | 269.70 |
| Upside Target | 288.00 |
| Upside Target | 289.90 |
| Upside Target | 300.05 |
| Upside Target | 332.00 |
Intraday share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Intraday Target | 233.9 |
| Downside Intraday Target | 214.05 |
| Upside Intraday Target | 281.75 |
| Upside Intraday Target | 309.75 |
| Upside Intraday Target | 261.9 |
Weekly technical analysis of Panch Steel (PanchSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Nov 2024 | 253.75 | 262.00 | 289.90 | 242.05 | 0.163 times |
| 14 Thu Nov 2024 | 274.00 | 295.00 | 332.00 | 265.00 | 0.415 times |
| 08 Fri Nov 2024 | 281.55 | 268.00 | 300.05 | 251.50 | 1.704 times |
| 01 Fri Nov 2024 | 268.50 | 215.10 | 288.00 | 215.00 | 0.803 times |
| 25 Fri Oct 2024 | 220.30 | 234.80 | 260.00 | 205.00 | 1.38 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 |
| 22 Fri Nov 2024 | 253.75 | 251.10 | 332.00 | 242.05 | 0.36 times |
| 31 Thu Oct 2024 | 256.40 | 208.65 | 269.70 | 192.15 | 2.894 times |
| 30 Mon Sep 2024 | 204.50 | 216.20 | 228.95 | 200.00 | 0.584 times |
| 30 Fri Aug 2024 | 212.35 | 217.40 | 236.60 | 191.00 | 1.425 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Panch Steel ( (PanchSteel) ) based on a mid to longer 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.
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 SELL signal for Panch Steel in short term but the sell signal is initial and weak.
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 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 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 293.24 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Panch Steel ( (PanchSteel) ) based on a mid to longer 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.
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 SELL signal for Panch Steel in short term but the sell signal is initial and weak.
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 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 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 293.24 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 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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