(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 2024-10-28 View latest technical analysis
10 day averaged volume of Pennar Steel is 176894
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 186.65 | 187.95 | 191.75 | 182.90 | 0.304 times |
| 25 Fri Oct 2024 | 185.25 | 195.65 | 195.80 | 180.80 | 1.409 times |
| 24 Thu Oct 2024 | 193.75 | 199.75 | 203.95 | 192.20 | 0.767 times |
| 23 Wed Oct 2024 | 198.55 | 184.05 | 204.90 | 184.05 | 0.965 times |
| 22 Tue Oct 2024 | 187.30 | 204.85 | 204.85 | 186.00 | 2.029 times |
| 21 Mon Oct 2024 | 204.30 | 210.75 | 215.00 | 201.00 | 1.141 times |
| 18 Fri Oct 2024 | 206.95 | 184.20 | 210.40 | 182.00 | 2.098 times |
| 17 Thu Oct 2024 | 185.75 | 185.05 | 188.85 | 180.40 | 0.55 times |
| 16 Wed Oct 2024 | 184.95 | 184.95 | 186.20 | 182.10 | 0.436 times |
| 15 Tue Oct 2024 | 183.90 | 184.00 | 185.00 | 176.95 | 0.373 times |
My analysis of stock is bullish for shortterm, and stock might move up till 194.5 or till 206.4. Use a stoploss of 184.57 and if this stock hits its stoploss, then it can fall down till 174.63
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 120.00 |
| Downside Target | 162.00 |
| Downside Target | 176.00 |
| Downside Target | 180.80 |
| Downside Target | 186.50 |
| Upside Target | 189.90 |
| Upside Target | 191.75 |
| Upside Target | 201.40 |
| Upside Target | 204.20 |
| Upside Target | 210.40 |
| Upside Target | 215.00 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 182.45 |
| Downside Intraday Target | 178.25 |
| Upside Intraday Target | 191.3 |
| Upside Intraday Target | 195.95 |
| Upside Intraday Target | 187.1 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 186.65 | 187.95 | 191.75 | 182.90 | 0.048 times |
| 25 Fri Oct 2024 | 185.25 | 210.75 | 215.00 | 180.80 | 1.711 times |
| 18 Fri Oct 2024 | 206.95 | 176.00 | 210.40 | 176.00 | 1.167 times |
| 11 Fri Oct 2024 | 177.45 | 183.30 | 185.55 | 167.00 | 0.822 times |
| 03 Thu Oct 2024 | 187.00 | 174.00 | 189.90 | 168.75 | 0.58 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 |
| 28 Mon Oct 2024 | 186.65 | 175.45 | 215.00 | 167.00 | 1.383 times |
| 30 Mon Sep 2024 | 170.45 | 175.05 | 186.50 | 162.00 | 1.261 times |
| 30 Fri Aug 2024 | 178.00 | 191.60 | 201.40 | 164.30 | 0.61 times |
| 31 Wed Jul 2024 | 193.90 | 173.20 | 204.20 | 164.75 | 1.028 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 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 Pennar Steel ( (PennarSteel) ) based on a short to mid 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.
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 SELL. Signal strength is Weak and stock is losing 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 getting stronger in this stock.
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 SELL signal for Pennar Steel in short term and SELL 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 194.27 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 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 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 Pennar Steel ( (PennarSteel) ) based on a short to mid 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.
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 SELL. Signal strength is Weak and stock is losing 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 getting stronger in this stock.
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 SELL signal for Pennar Steel in short term and SELL 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 194.27 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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