(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 2024-07-25 View latest technical analysis
10 day averaged volume of Pennar Steel is 103949
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Jul 2024 | 178.15 | 181.45 | 186.90 | 177.70 | 1.235 times |
| 24 Wed Jul 2024 | 183.45 | 175.65 | 184.05 | 172.25 | 0.493 times |
| 23 Tue Jul 2024 | 172.20 | 178.00 | 178.00 | 165.15 | 0.482 times |
| 22 Mon Jul 2024 | 172.15 | 174.10 | 175.80 | 168.30 | 0.4 times |
| 19 Fri Jul 2024 | 172.35 | 179.80 | 179.80 | 170.50 | 0.629 times |
| 18 Thu Jul 2024 | 177.45 | 183.85 | 185.55 | 174.55 | 1.411 times |
| 16 Tue Jul 2024 | 183.70 | 181.15 | 188.15 | 181.15 | 0.392 times |
| 15 Mon Jul 2024 | 181.95 | 183.65 | 187.55 | 180.50 | 3.248 times |
| 12 Fri Jul 2024 | 177.90 | 176.90 | 182.40 | 174.60 | 1.934 times |
| 11 Thu Jul 2024 | 176.50 | 171.25 | 178.30 | 169.25 | 0.575 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 179.5 as stoploss in an intra day sell trade for a target of 174.32. However, stock will show a bullish move above 179.5.
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 |
| Upside Target | 182.40 |
| Upside Target | 185.90 |
| Upside Target | 186.90 |
| Upside Target | 188.15 |
| Upside Target | 191.50 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 166.57 |
| Downside Intraday Target | 154.98 |
| Upside Intraday Target | 188.32 |
| Upside Intraday Target | 198.48 |
| Downside Intraday Target | 176.73 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Jul 2024 | 178.15 | 174.10 | 186.90 | 165.15 | 0.46 times |
| 19 Fri Jul 2024 | 172.35 | 183.65 | 188.15 | 170.50 | 1.159 times |
| 12 Fri Jul 2024 | 177.90 | 174.80 | 182.40 | 164.75 | 0.649 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 |
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 |
| 25 Thu Jul 2024 | 178.15 | 173.20 | 191.50 | 164.75 | 0.778 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 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 Pennar Steel ( (PennarSteel) ) 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 Pennar Steel ( (PennarSteel) ) based on a short to mid 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 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 Weak 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 negative zone. This is the SELL 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 178.69 and Pennar Steel (PennarSteel) 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 Pennar Steel (PennarSteel) stock. Volume based technical analysis of Pennar Steel (PennarSteel) stock is negative.
Pennar 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 Pennar Steel ( (PennarSteel) ) 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 Pennar Steel ( (PennarSteel) ) 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 Pennar Steel ( (PennarSteel) ) based on a short to mid 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 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 Weak 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 negative zone. This is the SELL 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 178.69 and Pennar Steel (PennarSteel) 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 Pennar Steel (PennarSteel) stock. Volume based technical analysis of Pennar Steel (PennarSteel) stock is negative.
Pennar 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.
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