(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 2024-02-14 View latest technical analysis
10 day averaged volume of Pennar Steel is 139356
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Wed Feb 2024 | 150.95 | 146.75 | 152.25 | 145.15 | 0.815 times |
| 13 Tue Feb 2024 | 148.90 | 143.25 | 149.50 | 136.85 | 1.118 times |
| 12 Mon Feb 2024 | 143.05 | 149.85 | 151.55 | 140.95 | 0.454 times |
| 09 Fri Feb 2024 | 146.90 | 159.15 | 159.15 | 145.75 | 0.929 times |
| 08 Thu Feb 2024 | 158.35 | 158.35 | 160.35 | 155.45 | 0.75 times |
| 07 Wed Feb 2024 | 156.00 | 156.10 | 159.60 | 154.20 | 1.035 times |
| 06 Tue Feb 2024 | 157.35 | 154.50 | 162.30 | 151.50 | 1.26 times |
| 05 Mon Feb 2024 | 154.40 | 153.30 | 155.30 | 149.35 | 0.95 times |
| 02 Fri Feb 2024 | 152.45 | 157.00 | 157.00 | 151.60 | 0.325 times |
| 01 Thu Feb 2024 | 152.60 | 154.55 | 155.70 | 149.90 | 1.072 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 154 as stoploss in an intra day sell trade for a target of 147.59. However, stock will show a bullish move above 154.
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 94.55 |
| Downside Target | 100.95 |
| Downside Target | 113.05 |
| Downside Target | 123.80 |
| Downside Target | 130.50 |
| Downside Target | 136.85 |
| Downside Target | 143.65 |
| Downside Target | 149.80 |
| Upside Target | 152.25 |
| Upside Target | 156.90 |
| Upside Target | 157.00 |
| Upside Target | 162.30 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 141.12 |
| Downside Intraday Target | 131.28 |
| Upside Intraday Target | 156.52 |
| Upside Intraday Target | 162.08 |
| Downside Intraday Target | 146.68 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Wed Feb 2024 | 150.95 | 149.85 | 152.25 | 136.85 | 0.485 times |
| 09 Fri Feb 2024 | 146.90 | 153.30 | 162.30 | 145.75 | 1.002 times |
| 02 Fri Feb 2024 | 152.45 | 149.00 | 157.00 | 143.65 | 0.893 times |
| 25 Thu Jan 2024 | 146.15 | 141.90 | 149.80 | 138.95 | 0.653 times |
| 19 Fri Jan 2024 | 139.25 | 138.15 | 146.85 | 133.50 | 1.796 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 |
| 14 Wed Feb 2024 | 150.95 | 154.55 | 162.30 | 136.85 | 0.311 times |
| 31 Wed Jan 2024 | 153.35 | 124.05 | 156.90 | 123.85 | 1.258 times |
| 29 Fri Dec 2023 | 124.55 | 120.60 | 130.50 | 113.05 | 0.871 times |
| 30 Thu Nov 2023 | 118.85 | 101.75 | 132.00 | 100.95 | 1.127 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above 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 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 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 152.64 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above 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 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 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 152.64 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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