(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 72825
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Aug 2025 | 221.50 | 225.40 | 228.50 | 220.50 | 0.24 times |
| 07 Thu Aug 2025 | 225.35 | 222.00 | 227.30 | 219.60 | 0.935 times |
| 06 Wed Aug 2025 | 220.50 | 232.40 | 234.35 | 219.85 | 2.327 times |
| 05 Tue Aug 2025 | 233.25 | 229.00 | 237.30 | 229.00 | 0.348 times |
| 04 Mon Aug 2025 | 232.30 | 233.10 | 235.10 | 228.00 | 0.298 times |
| 01 Fri Aug 2025 | 231.95 | 244.00 | 244.00 | 231.00 | 0.375 times |
| 31 Thu Jul 2025 | 239.70 | 232.45 | 245.90 | 231.20 | 0.591 times |
| 30 Wed Jul 2025 | 234.25 | 250.55 | 259.00 | 230.60 | 2.956 times |
| 29 Tue Jul 2025 | 253.50 | 237.35 | 254.40 | 237.35 | 0.92 times |
| 28 Mon Jul 2025 | 243.90 | 249.70 | 252.65 | 242.40 | 0.75 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 228.6, but if it comes above 228.6, then a intra day buy could be more profitable.
If you take a sell trade below 228.6, then use 228.6 as stoploss and 215.3 as target. However if you take a buy trade in stock , then use 228.6 as stoploss and 239.6 as target.
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 159.30 |
| Downside Target | 170.30 |
| Downside Target | 201.95 |
| Downside Target | 213.25 |
| Downside Target | 219.60 |
| Upside Target | 230.05 |
| Upside Target | 237.30 |
| Upside Target | 244.00 |
| Upside Target | 248.80 |
| Upside Target | 257.40 |
| Upside Target | 259.00 |
| Upside Target | 265.00 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 214.97 |
| Downside Intraday Target | 208.43 |
| Upside Intraday Target | 232.67 |
| Upside Intraday Target | 243.83 |
| Upside Intraday Target | 226.13 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Aug 2025 | 221.50 | 233.10 | 237.30 | 219.60 | 0.742 times |
| 01 Fri Aug 2025 | 231.95 | 249.70 | 259.00 | 230.60 | 0.837 times |
| 25 Fri Jul 2025 | 249.75 | 201.95 | 265.00 | 201.95 | 3.025 times |
| 18 Fri Jul 2025 | 241.80 | 228.55 | 248.80 | 225.50 | 0.665 times |
| 11 Fri Jul 2025 | 228.90 | 224.90 | 232.05 | 222.30 | 1.11 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 |
| 08 Fri Aug 2025 | 221.50 | 244.00 | 244.00 | 219.60 | 0.239 times |
| 31 Thu Jul 2025 | 239.70 | 246.85 | 265.00 | 201.95 | 0.728 times |
| 30 Mon Jun 2025 | 240.40 | 213.25 | 257.40 | 213.25 | 2.078 times |
| 30 Fri May 2025 | 212.40 | 180.05 | 230.05 | 159.30 | 1.331 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Pennar Steel in short term and the sell signal is strong.
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 red color and prices are below the red 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 SELL signal in short term but selling 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 232.51 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 negative.
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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Pennar Steel in short term and the sell signal is strong.
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 red color and prices are below the red 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 SELL signal in short term but selling 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 232.51 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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