(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 2025-01-29 View latest technical analysis
10 day averaged volume of Pennar Steel is 43300
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Jan 2025 | 162.10 | 159.55 | 164.05 | 157.60 | 0.891 times |
| 28 Tue Jan 2025 | 155.80 | 157.25 | 161.80 | 148.10 | 3.315 times |
| 27 Mon Jan 2025 | 158.95 | 167.45 | 167.45 | 157.05 | 1.053 times |
| 24 Fri Jan 2025 | 167.40 | 174.95 | 174.95 | 166.10 | 0.387 times |
| 23 Thu Jan 2025 | 171.15 | 169.00 | 176.55 | 169.00 | 0.571 times |
| 22 Wed Jan 2025 | 169.25 | 172.15 | 172.95 | 167.20 | 0.64 times |
| 21 Tue Jan 2025 | 173.05 | 176.00 | 180.85 | 171.85 | 1.055 times |
| 20 Mon Jan 2025 | 177.45 | 180.10 | 180.10 | 176.55 | 0.738 times |
| 17 Fri Jan 2025 | 179.05 | 182.55 | 183.95 | 178.00 | 0.164 times |
| 16 Thu Jan 2025 | 180.30 | 179.65 | 182.60 | 178.90 | 0.659 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 165.8, but if it comes above 165.8, then a intra day buy could be more profitable.
If you take a sell trade below 165.8, then use 165.8 as stoploss and 151.3 as target. However if you take a buy trade in stock , then use 165.8 as stoploss and 177.8 as target.
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 148.10 |
| Downside Target | 162.00 |
| Upside Target | 166.10 |
| Upside Target | 175.45 |
| Upside Target | 180.85 |
| Upside Target | 190.30 |
| Upside Target | 197.00 |
| Upside Target | 204.20 |
| Upside Target | 214.00 |
| Upside Target | 215.00 |
| Upside Target | 227.70 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 150.98 |
| Downside Intraday Target | 139.87 |
| Upside Intraday Target | 170.33 |
| Upside Intraday Target | 178.57 |
| Downside Intraday Target | 159.22 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Jan 2025 | 162.10 | 167.45 | 167.45 | 148.10 | 1.551 times |
| 24 Fri Jan 2025 | 167.40 | 180.10 | 180.85 | 166.10 | 0.537 times |
| 17 Fri Jan 2025 | 179.05 | 176.15 | 183.95 | 170.55 | 0.835 times |
| 10 Fri Jan 2025 | 176.50 | 195.30 | 197.00 | 175.45 | 1.147 times |
| 03 Fri Jan 2025 | 196.65 | 198.80 | 204.20 | 190.30 | 0.944 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Pennar Steel (PennarSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Wed Jan 2025 | 162.10 | 196.65 | 204.20 | 148.10 | 0.63 times |
| 31 Tue Dec 2024 | 193.55 | 209.95 | 227.70 | 187.45 | 0.903 times |
| 29 Fri Nov 2024 | 208.60 | 197.55 | 214.00 | 168.15 | 0.617 times |
| 31 Thu Oct 2024 | 194.75 | 175.45 | 215.00 | 167.00 | 1.489 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 164.77 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 164.77 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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