(PennarSteel) Pennar Steel complete technical analysis [charts+indicators] | Buy/Sell Pennar Steel | (PennarSteel) share price targets
Complete technical analysis of Pennar Steel (PennarSteel) by charts plus indicators, forecast predictions and share price targets for Pennar Steel (PennarSteel)
Showing technical analysis as on 2024-07-08 View latest technical analysis
10 day averaged volume of Pennar Steel is 112824
Date | Daily Closing Price | Open | High | Low | Volume |
08 Mon Jul 2024 | 173.30 | 174.80 | 175.70 | 171.90 | 1.251 times |
05 Fri Jul 2024 | 168.55 | 170.70 | 172.75 | 167.65 | 1.168 times |
04 Thu Jul 2024 | 170.70 | 172.15 | 174.80 | 170.30 | 1.04 times |
03 Wed Jul 2024 | 171.95 | 179.85 | 180.35 | 171.35 | 1.746 times |
02 Tue Jul 2024 | 179.35 | 179.30 | 191.50 | 177.65 | 1.643 times |
01 Mon Jul 2024 | 173.85 | 173.20 | 176.00 | 170.90 | 1.363 times |
28 Fri Jun 2024 | 168.70 | 165.15 | 169.90 | 165.00 | 0.319 times |
27 Thu Jun 2024 | 163.80 | 170.80 | 173.30 | 162.00 | 1.206 times |
26 Wed Jun 2024 | 170.30 | 176.70 | 176.70 | 168.00 | 0.288 times |
25 Tue Jun 2024 | 170.10 | 173.00 | 175.45 | 169.25 | 0.766 times |
My analysis of stock is bullish for shortterm, and stock might move up till 177 or till 182.1. Use a stoploss of 172.78 and if this stock hits its stoploss, then it can fall down till 168.55
Share price targets for Pennar Steel (PennarSteel)
Target Type | Value |
Downside Target | 107.00 |
Downside Target | 116.30 |
Downside Target | 120.00 |
Downside Target | 122.65 |
Downside Target | 139.95 |
Downside Target | 144.45 |
Downside Target | 151.55 |
Downside Target | 162.00 |
Downside Target | 171.90 |
Upside Target | 175.70 |
Upside Target | 182.85 |
Upside Target | 185.90 |
Upside Target | 191.50 |
Intraday share price targets for Pennar Steel (PennarSteel)
Target Type | Value |
Downside Intraday Target | 171.57 |
Downside Intraday Target | 169.83 |
Upside Intraday Target | 175.37 |
Upside Intraday Target | 177.43 |
Upside Intraday Target | 173.63 |
Weekly technical analysis of Pennar Steel (PennarSteel)
Date | Weekly Closing Price | Open | High | Low | Volume |
08 Mon Jul 2024 | 173.30 | 174.80 | 175.70 | 171.90 | 0.18 times |
05 Fri Jul 2024 | 168.55 | 173.20 | 191.50 | 167.65 | 2.288 times |
28 Fri Jun 2024 | 168.70 | 182.85 | 182.85 | 162.00 | 1.246 times |
21 Fri Jun 2024 | 175.40 | 174.75 | 183.60 | 164.65 | 0.291 times |
14 Fri Jun 2024 | 178.25 | 174.95 | 185.90 | 166.45 | 0.784 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 Pennar Steel (PennarSteel)
Date | Monthly Closing Price | Open | High | Low | Volume |
08 Mon Jul 2024 | 173.30 | 173.20 | 191.50 | 167.65 | 0.334 times |
28 Fri Jun 2024 | 168.70 | 149.80 | 185.90 | 120.00 | 1.447 times |
31 Fri May 2024 | 143.80 | 138.70 | 151.55 | 122.65 | 0.969 times |
30 Tue Apr 2024 | 136.90 | 134.25 | 144.45 | 116.30 | 0.892 times |
Scroll below to view daily charts
Price has moved up 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 Pennar Steel (PennarSteel)
Price action analysis of Pennar Steel ( (PennarSteel) ) 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 Pennar Steel ( (PennarSteel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short to mid 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 Pennar Steel ( (PennarSteel) ) 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 Pennar Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Pennar Steel in short term but the sell signal is initial and weak.
Pennar 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 Pennar Steel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Pennar 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 171.8 and Pennar Steel (PennarSteel) 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 Pennar Steel (PennarSteel) stock. Volume based technical analysis of Pennar Steel (PennarSteel) stock is negative.
Pennar 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 Pennar Steel ( (PennarSteel) ) 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 Pennar Steel ( (PennarSteel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short to mid 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 Pennar Steel ( (PennarSteel) ) 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 Pennar Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Pennar Steel in short term but the sell signal is initial and weak.
Pennar 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 Pennar Steel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Pennar 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 171.8 and Pennar Steel (PennarSteel) 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 Pennar Steel (PennarSteel) stock. Volume based technical analysis of Pennar Steel (PennarSteel) stock is negative.
Pennar 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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