(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 2025-05-05 View latest technical analysis
10 day averaged volume of Pennar Steel is 43827
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon May 2025 | 183.45 | 181.70 | 185.25 | 181.10 | 0.546 times |
| 02 Fri May 2025 | 182.45 | 180.05 | 187.65 | 180.05 | 0.364 times |
| 30 Wed Apr 2025 | 183.20 | 188.10 | 188.10 | 182.05 | 0.558 times |
| 29 Tue Apr 2025 | 186.15 | 193.25 | 193.25 | 185.25 | 0.342 times |
| 28 Mon Apr 2025 | 191.20 | 189.05 | 193.35 | 186.65 | 0.77 times |
| 25 Fri Apr 2025 | 189.80 | 198.00 | 199.65 | 188.10 | 3.405 times |
| 24 Thu Apr 2025 | 198.35 | 198.35 | 202.20 | 195.55 | 0.369 times |
| 22 Tue Apr 2025 | 196.95 | 195.00 | 198.20 | 190.00 | 0.984 times |
| 21 Mon Apr 2025 | 191.40 | 185.80 | 192.55 | 185.80 | 1.663 times |
| 17 Thu Apr 2025 | 186.35 | 187.90 | 189.85 | 184.45 | 0.318 times |
My analysis of stock is bearish for shortterm, and stock might move down till 180.1 or till 172.8. Use a stoploss of 186.14 and if the stock hits stoploss, then it can shoot up till 192.23
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 | 185.80 |
| Upside Target | 187.65 |
| Upside Target | 191.30 |
| Upside Target | 193.35 |
| Upside Target | 194.50 |
| Upside Target | 202.20 |
| Upside Target | 204.20 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 181.28 |
| Downside Intraday Target | 179.12 |
| Upside Intraday Target | 185.43 |
| Upside Intraday Target | 187.42 |
| Downside Intraday Target | 183.27 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon May 2025 | 183.45 | 181.70 | 185.25 | 181.10 | 0.268 times |
| 02 Fri May 2025 | 182.45 | 189.05 | 193.35 | 180.05 | 0.317 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 |
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 |
| 05 Mon May 2025 | 183.45 | 180.05 | 187.65 | 180.05 | 0.058 times |
| 30 Wed Apr 2025 | 183.20 | 188.00 | 202.20 | 170.30 | 0.837 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 |
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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining 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 in or below the green cloud Prices appear to be moving up
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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 189.99 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining 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 in or below the green cloud Prices appear to be moving up
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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 189.99 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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