(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 2025-02-13 View latest technical analysis
10 day averaged volume of Pennar Steel is 34614
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Thu Feb 2025 | 151.20 | 149.40 | 154.40 | 149.20 | 1.417 times |
| 12 Wed Feb 2025 | 149.45 | 147.15 | 154.95 | 136.60 | 1.287 times |
| 11 Tue Feb 2025 | 147.15 | 159.55 | 159.55 | 146.55 | 0.801 times |
| 10 Mon Feb 2025 | 156.50 | 158.15 | 164.95 | 154.00 | 1.096 times |
| 07 Fri Feb 2025 | 161.10 | 169.00 | 169.00 | 160.10 | 1.261 times |
| 06 Thu Feb 2025 | 167.55 | 163.70 | 169.00 | 161.90 | 0.949 times |
| 05 Wed Feb 2025 | 162.20 | 155.40 | 164.35 | 155.40 | 0.87 times |
| 04 Tue Feb 2025 | 158.20 | 157.80 | 161.15 | 154.55 | 0.941 times |
| 03 Mon Feb 2025 | 153.00 | 159.00 | 161.55 | 152.25 | 1.055 times |
| 31 Fri Jan 2025 | 164.95 | 160.00 | 165.90 | 159.50 | 1.19 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 153.5, but if it comes above 153.5, then a intra day buy could be more profitable.
If you take a sell trade below 153.5, then use 153.5 as stoploss and 143 as target. However if you take a buy trade in stock , then use 153.5 as stoploss and 162.27 as target.
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 136.60 |
| Downside Target | 148.10 |
| 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 | 136.88 |
| Downside Intraday Target | 122.57 |
| Upside Intraday Target | 165.23 |
| Upside Intraday Target | 179.27 |
| Downside Intraday Target | 150.92 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Thu Feb 2025 | 151.20 | 158.15 | 164.95 | 136.60 | 0.906 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 |
| 13 Thu Feb 2025 | 151.20 | 159.00 | 169.00 | 136.60 | 0.277 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 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 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 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 red color and prices are below the red 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 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 156.97 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 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 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 red color and prices are below the red 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 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 156.97 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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