(PennarSteel) Pennar Steel ForceIndex charts technical analysis
(PennarSteel) Pennar Steel ForceIndex charts technical analysis ForceIndex analysis of Pennar Steel | Buy/Sell Pennar Steel
10 day averaged volume of Pennar Steel is 33413
| Date | Closing Price | Open | High | Low | Volume |
| 11 Fri Apr 2025 | 179.40 | 181.60 | 181.60 | 175.40 | 0.038 Mn |
| 09 Wed Apr 2025 | 171.60 | 175.25 | 176.70 | 170.30 | 0.058 Mn |
| 08 Tue Apr 2025 | 179.15 | 183.00 | 183.75 | 176.30 | 0.012 Mn |
| 04 Fri Apr 2025 | 183.40 | 192.10 | 192.40 | 181.30 | 0.039 Mn |
| 02 Wed Apr 2025 | 190.55 | 185.80 | 192.85 | 183.35 | 0.073 Mn |
| 01 Tue Apr 2025 | 185.80 | 188.00 | 190.50 | 183.50 | 0.014 Mn |
| 28 Fri Mar 2025 | 187.65 | 194.50 | 194.50 | 187.25 | 0.013 Mn |
| 26 Wed Mar 2025 | 180.25 | 186.30 | 186.30 | 179.40 | 0.038 Mn |
| 25 Tue Mar 2025 | 182.65 | 191.00 | 191.25 | 181.40 | 0.032 Mn |
| 24 Mon Mar 2025 | 185.60 | 190.95 | 191.75 | 185.15 | 0.017 Mn |
Indicators analysis of Pennar Steel (PennarSteel)
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
ForceIndex charts
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Pennar Steel stock for short term is BUY. Signal strength is Weak 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 weakening, and bulls are picking up momentum!
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 BUY signal in short term and the buying is gaining 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 182.26 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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