(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 2025-08-04 View latest technical analysis
10 day averaged volume of Pennar Steel is 89381
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Aug 2025 | 232.30 | 233.10 | 235.10 | 228.00 | 0.243 times |
| 01 Fri Aug 2025 | 231.95 | 244.00 | 244.00 | 231.00 | 0.305 times |
| 31 Thu Jul 2025 | 239.70 | 232.45 | 245.90 | 231.20 | 0.482 times |
| 30 Wed Jul 2025 | 234.25 | 250.55 | 259.00 | 230.60 | 2.408 times |
| 29 Tue Jul 2025 | 253.50 | 237.35 | 254.40 | 237.35 | 0.75 times |
| 28 Mon Jul 2025 | 243.90 | 249.70 | 252.65 | 242.40 | 0.611 times |
| 25 Fri Jul 2025 | 249.75 | 261.65 | 261.90 | 248.50 | 0.407 times |
| 24 Thu Jul 2025 | 262.30 | 254.95 | 265.00 | 252.35 | 2.35 times |
| 23 Wed Jul 2025 | 252.75 | 253.55 | 257.75 | 249.60 | 1.333 times |
| 22 Tue Jul 2025 | 251.70 | 248.00 | 253.35 | 243.50 | 1.179 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 229.4 as stoploss in an intra day buy trade for a target of 239.88. However, stock will show a bearish move below 229.4.
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 | 222.30 |
| Upside Target | 235.10 |
| 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 | 228.5 |
| Downside Intraday Target | 224.7 |
| Upside Intraday Target | 235.6 |
| Upside Intraday Target | 238.9 |
| Downside Intraday Target | 231.8 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Aug 2025 | 232.30 | 233.10 | 235.10 | 228.00 | 0.053 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 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 |
| 04 Mon Aug 2025 | 232.30 | 244.00 | 244.00 | 228.00 | 0.036 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal in short term and selling is picking up 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 248.08 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal in short term and selling is picking up 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 248.08 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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