(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 2025-04-29 View latest technical analysis
10 day averaged volume of Pennar Steel is 50770
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Tue Apr 2025 | 186.15 | 193.25 | 193.25 | 185.25 | 0.295 times |
| 28 Mon Apr 2025 | 191.20 | 189.05 | 193.35 | 186.65 | 0.665 times |
| 25 Fri Apr 2025 | 189.80 | 198.00 | 199.65 | 188.10 | 2.94 times |
| 24 Thu Apr 2025 | 198.35 | 198.35 | 202.20 | 195.55 | 0.319 times |
| 22 Tue Apr 2025 | 196.95 | 195.00 | 198.20 | 190.00 | 0.849 times |
| 21 Mon Apr 2025 | 191.40 | 185.80 | 192.55 | 185.80 | 1.436 times |
| 17 Thu Apr 2025 | 186.35 | 187.90 | 189.85 | 184.45 | 0.275 times |
| 16 Wed Apr 2025 | 189.05 | 184.20 | 191.30 | 184.20 | 1.059 times |
| 15 Tue Apr 2025 | 186.70 | 183.50 | 187.00 | 182.75 | 0.574 times |
| 11 Fri Apr 2025 | 179.40 | 181.60 | 181.60 | 175.40 | 0.751 times |
My analysis of stock is bearish for shortterm, and stock might move down till 180.5 or till 173.3. Use a stoploss of 186.5 and if the stock hits stoploss, then it can shoot up till 192.52
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 136.60 |
| Downside Target | 148.10 |
| Downside Target | 170.30 |
| Downside Target | 178.75 |
| Upside Target | 191.30 |
| Upside Target | 192.85 |
| Upside Target | 193.35 |
| Upside Target | 194.50 |
| Upside Target | 202.20 |
| Upside Target | 204.20 |
| Upside Target | 227.70 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 183.15 |
| Downside Intraday Target | 180.15 |
| Upside Intraday Target | 191.25 |
| Upside Intraday Target | 196.35 |
| Upside Intraday Target | 188.25 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Tue Apr 2025 | 186.15 | 189.05 | 193.35 | 185.25 | 0.173 times |
| 25 Fri Apr 2025 | 189.80 | 185.80 | 202.20 | 185.80 | 2.906 times |
| 17 Thu Apr 2025 | 186.35 | 183.50 | 191.30 | 182.75 | 0.899 times |
| 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 |
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 |
| 29 Tue Apr 2025 | 186.15 | 188.00 | 202.20 | 170.30 | 0.807 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 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below 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 189.76 and Pennar Steel (PennarSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below 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 189.76 and Pennar Steel (PennarSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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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