(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 2025-08-05 View latest technical analysis
10 day averaged volume of Pennar Steel is 90000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Aug 2025 | 233.25 | 229.00 | 237.30 | 229.00 | 0.281 times |
| 04 Mon Aug 2025 | 232.30 | 233.10 | 235.10 | 228.00 | 0.241 times |
| 01 Fri Aug 2025 | 231.95 | 244.00 | 244.00 | 231.00 | 0.303 times |
| 31 Thu Jul 2025 | 239.70 | 232.45 | 245.90 | 231.20 | 0.479 times |
| 30 Wed Jul 2025 | 234.25 | 250.55 | 259.00 | 230.60 | 2.392 times |
| 29 Tue Jul 2025 | 253.50 | 237.35 | 254.40 | 237.35 | 0.745 times |
| 28 Mon Jul 2025 | 243.90 | 249.70 | 252.65 | 242.40 | 0.607 times |
| 25 Fri Jul 2025 | 249.75 | 261.65 | 261.90 | 248.50 | 0.405 times |
| 24 Thu Jul 2025 | 262.30 | 254.95 | 265.00 | 252.35 | 2.334 times |
| 23 Wed Jul 2025 | 252.75 | 253.55 | 257.75 | 249.60 | 1.324 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 230.2 as stoploss in an intra day buy trade for a target of 240.27. However, stock will show a bearish move below 230.2.
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 | 237.30 |
| 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 | 228.4 |
| Downside Intraday Target | 223.55 |
| Upside Intraday Target | 237.7 |
| Upside Intraday Target | 242.15 |
| Downside Intraday Target | 232.85 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Aug 2025 | 233.25 | 233.10 | 237.30 | 228.00 | 0.116 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 |
| 05 Tue Aug 2025 | 233.25 | 244.00 | 244.00 | 228.00 | 0.054 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 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 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 losing 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 buy signal for Pennar Steel in short term but BUY signal is weak.
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 247.16 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 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 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 losing 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 buy signal for Pennar Steel in short term but BUY signal is weak.
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 247.16 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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