(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)
10 day averaged volume of Pennar Steel is 33413
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Apr 2025 | 179.40 | 181.60 | 181.60 | 175.40 | 1.142 times |
| 09 Wed Apr 2025 | 171.60 | 175.25 | 176.70 | 170.30 | 1.722 times |
| 08 Tue Apr 2025 | 179.15 | 183.00 | 183.75 | 176.30 | 0.359 times |
| 04 Fri Apr 2025 | 183.40 | 192.10 | 192.40 | 181.30 | 1.18 times |
| 02 Wed Apr 2025 | 190.55 | 185.80 | 192.85 | 183.35 | 2.178 times |
| 01 Tue Apr 2025 | 185.80 | 188.00 | 190.50 | 183.50 | 0.418 times |
| 28 Fri Mar 2025 | 187.65 | 194.50 | 194.50 | 187.25 | 0.379 times |
| 26 Wed Mar 2025 | 180.25 | 186.30 | 186.30 | 179.40 | 1.144 times |
| 25 Tue Mar 2025 | 182.65 | 191.00 | 191.25 | 181.40 | 0.953 times |
| 24 Mon Mar 2025 | 185.60 | 190.95 | 191.75 | 185.15 | 0.513 times |
My analysis of stock is bearish for shortterm, and stock might move down till 172.6 or till 164.2. Use a stoploss of 179.59 and if the stock hits stoploss, then it can shoot up till 186.59
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 136.60 |
| Downside Target | 148.10 |
| Downside Target | 165.00 |
| Downside Target | 170.30 |
| Downside Target | 177.15 |
| Upside Target | 187.45 |
| Upside Target | 191.80 |
| Upside Target | 192.85 |
| Upside Target | 194.50 |
| Upside Target | 204.20 |
| Upside Target | 227.70 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 171.88 |
| Downside Intraday Target | 164.37 |
| Upside Intraday Target | 185.33 |
| Upside Intraday Target | 191.27 |
| Downside Intraday Target | 177.82 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Apr 2025 | 179.40 | 183.00 | 183.75 | 170.30 | 0.853 times |
| 04 Fri Apr 2025 | 183.40 | 188.00 | 192.85 | 181.30 | 1.263 times |
| 28 Fri Mar 2025 | 187.65 | 190.95 | 194.50 | 179.40 | 0.275 times |
| 21 Fri Mar 2025 | 188.05 | 173.95 | 191.80 | 171.45 | 2.204 times |
| 13 Thu Mar 2025 | 168.50 | 172.05 | 177.15 | 165.00 | 0.861 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 Pennar Steel (PennarSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 11 Fri Apr 2025 | 179.40 | 188.00 | 192.85 | 170.30 | 0.286 times |
| 28 Fri Mar 2025 | 187.65 | 154.05 | 194.50 | 149.95 | 0.809 times |
| 28 Fri Feb 2025 | 156.50 | 159.00 | 178.75 | 136.60 | 0.839 times |
| 31 Fri Jan 2025 | 164.95 | 196.65 | 204.20 | 148.10 | 0.663 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 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 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 to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Pennar Steel stock for short term is BUY. 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 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 Pennar Steel in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 Pennar 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 182.26 and Pennar Steel (PennarSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 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 to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Pennar Steel stock for short term is BUY. 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 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 Pennar Steel in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 Pennar 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 182.26 and Pennar Steel (PennarSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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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