(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 2025-05-06 View latest technical analysis
10 day averaged volume of Pennar Steel is 40844
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue May 2025 | 173.95 | 182.05 | 183.10 | 173.45 | 0.519 times |
| 05 Mon May 2025 | 183.45 | 181.70 | 185.25 | 181.10 | 0.586 times |
| 02 Fri May 2025 | 182.45 | 180.05 | 187.65 | 180.05 | 0.39 times |
| 30 Wed Apr 2025 | 183.20 | 188.10 | 188.10 | 182.05 | 0.599 times |
| 29 Tue Apr 2025 | 186.15 | 193.25 | 193.25 | 185.25 | 0.367 times |
| 28 Mon Apr 2025 | 191.20 | 189.05 | 193.35 | 186.65 | 0.826 times |
| 25 Fri Apr 2025 | 189.80 | 198.00 | 199.65 | 188.10 | 3.654 times |
| 24 Thu Apr 2025 | 198.35 | 198.35 | 202.20 | 195.55 | 0.396 times |
| 22 Tue Apr 2025 | 196.95 | 195.00 | 198.20 | 190.00 | 1.056 times |
| 21 Mon Apr 2025 | 191.40 | 185.80 | 192.55 | 185.80 | 1.785 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 171.5, for a target of 179.3 or 185.83
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 136.60 |
| Downside Target | 148.10 |
| Downside Target | 170.30 |
| Upside 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 | 169.85 |
| Downside Intraday Target | 165.75 |
| Upside Intraday Target | 181.65 |
| Upside Intraday Target | 189.35 |
| Upside Intraday Target | 177.55 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue May 2025 | 173.95 | 181.70 | 185.25 | 173.45 | 0.506 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 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 |
| 06 Tue May 2025 | 173.95 | 180.05 | 187.65 | 173.45 | 0.089 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 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 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 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 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 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Pennar Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 189.29 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 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 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 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 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Pennar Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 189.29 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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