(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 2024-06-27 View latest technical analysis
10 day averaged volume of Pennar Steel is 76926
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 163.80 | 170.80 | 173.30 | 162.00 | 1.768 times |
| 26 Wed Jun 2024 | 170.30 | 176.70 | 176.70 | 168.00 | 0.423 times |
| 25 Tue Jun 2024 | 170.10 | 173.00 | 175.45 | 169.25 | 1.123 times |
| 24 Mon Jun 2024 | 175.40 | 182.85 | 182.85 | 173.30 | 0.678 times |
| 21 Fri Jun 2024 | 175.40 | 182.85 | 182.85 | 173.30 | 0.678 times |
| 20 Thu Jun 2024 | 180.50 | 166.00 | 183.60 | 166.00 | 1.329 times |
| 19 Wed Jun 2024 | 168.70 | 173.00 | 173.00 | 165.70 | 0.851 times |
| 18 Tue Jun 2024 | 169.45 | 174.75 | 174.75 | 164.65 | 0.723 times |
| 14 Fri Jun 2024 | 178.25 | 177.00 | 185.90 | 173.85 | 1.52 times |
| 13 Thu Jun 2024 | 178.25 | 177.00 | 185.90 | 173.85 | 1.52 times |
My analysis of stock is bullish for shortterm, and stock might move up till 178.8 or till 198. Use a stoploss of 162.81 and if this stock hits its stoploss, then it can fall down till 146.83
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 | 131.20 |
| Downside Target | 137.95 |
| Downside Target | 144.45 |
| Downside Target | 151.55 |
| Downside Target | 162.00 |
| Upside Target | 172.00 |
| Upside Target | 182.85 |
| Upside Target | 183.60 |
| Upside Target | 185.90 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 156.25 |
| Downside Intraday Target | 148.7 |
| Upside Intraday Target | 177.1 |
| Upside Intraday Target | 190.4 |
| Upside Intraday Target | 169.55 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 163.80 | 182.85 | 182.85 | 162.00 | 1.115 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 |
| 07 Fri Jun 2024 | 169.40 | 149.80 | 172.00 | 120.00 | 3.296 times |
| 31 Fri May 2024 | 143.80 | 146.90 | 151.55 | 137.95 | 0.513 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 |
| 27 Thu Jun 2024 | 163.80 | 149.80 | 185.90 | 120.00 | 1.428 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 |
| 28 Thu Mar 2024 | 133.15 | 135.30 | 139.95 | 107.00 | 1.064 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 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 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 173.22 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 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 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 173.22 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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