(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)
10 day averaged volume of Pennar Steel is 42864
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Feb 2025 | 167.55 | 163.70 | 169.00 | 161.90 | 0.766 times |
| 05 Wed Feb 2025 | 162.20 | 155.40 | 164.35 | 155.40 | 0.702 times |
| 04 Tue Feb 2025 | 158.20 | 157.80 | 161.15 | 154.55 | 0.76 times |
| 03 Mon Feb 2025 | 153.00 | 159.00 | 161.55 | 152.25 | 0.852 times |
| 31 Fri Jan 2025 | 164.95 | 160.00 | 165.90 | 159.50 | 0.961 times |
| 30 Thu Jan 2025 | 159.85 | 162.00 | 164.60 | 159.50 | 0.445 times |
| 29 Wed Jan 2025 | 162.10 | 159.55 | 164.05 | 157.60 | 0.9 times |
| 28 Tue Jan 2025 | 155.80 | 157.25 | 161.80 | 148.10 | 3.349 times |
| 27 Mon Jan 2025 | 158.95 | 167.45 | 167.45 | 157.05 | 1.064 times |
| 24 Fri Jan 2025 | 167.40 | 174.95 | 174.95 | 166.10 | 0.391 times |
My analysis of stock is bearish for shortterm, and stock might move down till 159.9 or till 150.1. Use a stoploss of 168.14 and if the stock hits stoploss, then it can shoot up till 176.36
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 148.10 |
| Downside Target | 152.25 |
| Downside Target | 166.10 |
| Upside Target | 175.45 |
| Upside Target | 180.85 |
| Upside Target | 183.95 |
| Upside Target | 187.45 |
| Upside Target | 197.00 |
| Upside Target | 204.20 |
| Upside Target | 214.00 |
| Upside Target | 215.00 |
| Upside Target | 227.70 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 156.87 |
| Downside Intraday Target | 146.18 |
| Upside Intraday Target | 173.62 |
| Upside Intraday Target | 179.68 |
| Downside Intraday Target | 162.93 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Feb 2025 | 167.55 | 159.00 | 169.00 | 152.25 | 0.458 times |
| 31 Fri Jan 2025 | 164.95 | 167.45 | 167.45 | 148.10 | 1.961 times |
| 24 Fri Jan 2025 | 167.40 | 180.10 | 180.85 | 166.10 | 0.537 times |
| 17 Fri Jan 2025 | 179.05 | 176.15 | 183.95 | 170.55 | 0.835 times |
| 10 Fri Jan 2025 | 176.50 | 195.30 | 197.00 | 175.45 | 1.147 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 |
| 06 Thu Feb 2025 | 167.55 | 159.00 | 169.00 | 152.25 | 0.109 times |
| 31 Fri Jan 2025 | 164.95 | 196.65 | 204.20 | 148.10 | 0.663 times |
| 31 Tue Dec 2024 | 193.55 | 209.95 | 227.70 | 187.45 | 0.903 times |
| 29 Fri Nov 2024 | 208.60 | 197.55 | 214.00 | 168.15 | 0.617 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short to mid 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 mid to longer 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.
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 BUY signal for Pennar Steel in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Pennar Steel in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 159.44 and Pennar Steel (PennarSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short to mid 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 mid to longer 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.
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 BUY signal for Pennar Steel in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Pennar Steel in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 159.44 and Pennar Steel (PennarSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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