(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 2024-11-25 View latest technical analysis
10 day averaged volume of Pennar Steel is 99062
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Mon Nov 2024 | 195.05 | 203.05 | 204.95 | 193.95 | 0.432 times |
| 22 Fri Nov 2024 | 201.75 | 198.10 | 203.40 | 192.25 | 0.803 times |
| 21 Thu Nov 2024 | 197.10 | 191.00 | 198.80 | 181.50 | 0.931 times |
| 19 Tue Nov 2024 | 181.25 | 186.60 | 187.85 | 179.60 | 0.714 times |
| 18 Mon Nov 2024 | 182.75 | 184.55 | 184.55 | 173.05 | 1.491 times |
| 14 Thu Nov 2024 | 177.55 | 171.05 | 179.25 | 171.05 | 0.506 times |
| 13 Wed Nov 2024 | 173.15 | 180.00 | 180.00 | 168.15 | 1.134 times |
| 12 Tue Nov 2024 | 182.70 | 192.40 | 192.45 | 181.80 | 0.597 times |
| 11 Mon Nov 2024 | 192.45 | 193.70 | 196.55 | 189.50 | 1.433 times |
| 08 Fri Nov 2024 | 193.80 | 206.30 | 206.30 | 192.25 | 1.648 times |
My analysis of stock is bullish for shortterm, and stock might move up till 199.7 or till 210.6. Use a stoploss of 190.6 and if this stock hits its stoploss, then it can fall down till 181.52
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 162.00 |
| Downside Target | 173.05 |
| Downside Target | 186.50 |
| Downside Target | 191.05 |
| Upside Target | 199.80 |
| Upside Target | 201.40 |
| Upside Target | 203.40 |
| Upside Target | 204.20 |
| Upside Target | 204.95 |
| Upside Target | 210.00 |
| Upside Target | 215.00 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 191.02 |
| Downside Intraday Target | 186.98 |
| Upside Intraday Target | 202.02 |
| Upside Intraday Target | 208.98 |
| Upside Intraday Target | 197.98 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Mon Nov 2024 | 195.05 | 203.05 | 204.95 | 193.95 | 0.11 times |
| 22 Fri Nov 2024 | 201.75 | 184.55 | 203.40 | 173.05 | 1.073 times |
| 14 Thu Nov 2024 | 177.55 | 193.70 | 196.55 | 168.15 | 0.738 times |
| 08 Fri Nov 2024 | 193.80 | 195.45 | 210.00 | 191.05 | 1.338 times |
| 01 Fri Nov 2024 | 196.65 | 187.95 | 199.80 | 175.90 | 0.33 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 |
| 25 Mon Nov 2024 | 195.05 | 197.55 | 210.00 | 168.15 | 0.42 times |
| 31 Thu Oct 2024 | 194.75 | 175.45 | 215.00 | 167.00 | 1.489 times |
| 30 Mon Sep 2024 | 170.45 | 175.05 | 186.50 | 162.00 | 1.261 times |
| 30 Fri Aug 2024 | 178.00 | 191.60 | 201.40 | 164.30 | 0.61 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 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.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short 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.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Pennar Steel in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Pennar Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Pennar Steel in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 188.06 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short 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.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Pennar Steel in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Pennar Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Pennar Steel in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 188.06 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 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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