(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 2025-02-11 View latest technical analysis
10 day averaged volume of Pennar Steel is 45598
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Tue Feb 2025 | 147.15 | 159.55 | 159.55 | 146.55 | 0.608 times |
| 10 Mon Feb 2025 | 156.50 | 158.15 | 164.95 | 154.00 | 0.832 times |
| 07 Fri Feb 2025 | 161.10 | 169.00 | 169.00 | 160.10 | 0.957 times |
| 06 Thu Feb 2025 | 167.55 | 163.70 | 169.00 | 161.90 | 0.72 times |
| 05 Wed Feb 2025 | 162.20 | 155.40 | 164.35 | 155.40 | 0.66 times |
| 04 Tue Feb 2025 | 158.20 | 157.80 | 161.15 | 154.55 | 0.714 times |
| 03 Mon Feb 2025 | 153.00 | 159.00 | 161.55 | 152.25 | 0.801 times |
| 31 Fri Jan 2025 | 164.95 | 160.00 | 165.90 | 159.50 | 0.903 times |
| 30 Thu Jan 2025 | 159.85 | 162.00 | 164.60 | 159.50 | 0.418 times |
| 29 Wed Jan 2025 | 162.10 | 159.55 | 164.05 | 157.60 | 0.846 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 145.2, for a target of 156.1 or 165.12
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 146.55 |
| Upside Target | 152.25 |
| Upside Target | 164.95 |
| Upside Target | 170.55 |
| Upside Target | 180.85 |
| Upside Target | 183.95 |
| Upside Target | 187.45 |
| 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 | 140.82 |
| Downside Intraday Target | 134.48 |
| Upside Intraday Target | 159.22 |
| Upside Intraday Target | 171.28 |
| Upside Intraday Target | 152.88 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Tue Feb 2025 | 147.15 | 158.15 | 164.95 | 146.55 | 0.374 times |
| 07 Fri Feb 2025 | 161.10 | 159.00 | 169.00 | 152.25 | 0.61 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 |
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 |
| 11 Tue Feb 2025 | 147.15 | 159.00 | 169.00 | 146.55 | 0.2 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 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 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 short 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 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 gaining momentum.
MACD generated a SELL signal for Pennar Steel in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
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 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 159.53 and Pennar Steel (PennarSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 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 short 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 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 gaining momentum.
MACD generated a SELL signal for Pennar Steel in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
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 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 159.53 and Pennar Steel (PennarSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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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