(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 2025-05-07 View latest technical analysis
10 day averaged volume of Pennar Steel is 41568
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed May 2025 | 178.10 | 171.05 | 178.55 | 171.05 | 0.468 times |
| 06 Tue May 2025 | 173.95 | 182.05 | 183.10 | 173.45 | 0.51 times |
| 05 Mon May 2025 | 183.45 | 181.70 | 185.25 | 181.10 | 0.575 times |
| 02 Fri May 2025 | 182.45 | 180.05 | 187.65 | 180.05 | 0.383 times |
| 30 Wed Apr 2025 | 183.20 | 188.10 | 188.10 | 182.05 | 0.589 times |
| 29 Tue Apr 2025 | 186.15 | 193.25 | 193.25 | 185.25 | 0.36 times |
| 28 Mon Apr 2025 | 191.20 | 189.05 | 193.35 | 186.65 | 0.812 times |
| 25 Fri Apr 2025 | 189.80 | 198.00 | 199.65 | 188.10 | 3.59 times |
| 24 Thu Apr 2025 | 198.35 | 198.35 | 202.20 | 195.55 | 0.389 times |
| 22 Tue Apr 2025 | 196.95 | 195.00 | 198.20 | 190.00 | 1.037 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 178.6, but if it comes above 178.6, then a intra day buy could be more profitable.
If you take a sell trade below 178.6, then use 178.6 as stoploss and 170.6 as target. However if you take a buy trade in stock , then use 178.6 as stoploss and 185.35 as target.
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 136.60 |
| Downside Target | 148.10 |
| Downside Target | 170.30 |
| Upside Target | 178.75 |
| Upside Target | 185.80 |
| Upside Target | 187.65 |
| Upside Target | 191.30 |
| Upside Target | 193.35 |
| Upside Target | 194.50 |
| Upside Target | 202.20 |
| Upside Target | 204.20 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 171.02 |
| Downside Intraday Target | 163.93 |
| Upside Intraday Target | 185.22 |
| Upside Intraday Target | 192.33 |
| Upside Intraday Target | 178.13 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed May 2025 | 178.10 | 181.70 | 185.25 | 171.05 | 0.725 times |
| 02 Fri May 2025 | 182.45 | 189.05 | 193.35 | 180.05 | 0.317 times |
| 25 Fri Apr 2025 | 189.80 | 185.80 | 202.20 | 185.80 | 2.906 times |
| 17 Thu Apr 2025 | 186.35 | 183.50 | 191.30 | 182.75 | 0.899 times |
| 11 Fri Apr 2025 | 179.40 | 183.00 | 183.75 | 170.30 | 0.853 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 |
| 07 Wed May 2025 | 178.10 | 180.05 | 187.65 | 171.05 | 0.117 times |
| 30 Wed Apr 2025 | 183.20 | 188.00 | 202.20 | 170.30 | 0.837 times |
| 28 Fri Mar 2025 | 187.65 | 154.05 | 194.50 | 149.95 | 0.809 times |
| 28 Fri Feb 2025 | 156.50 | 159.00 | 178.75 | 136.60 | 0.839 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 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 positive zone. This is a BUY zone
Stock of Pennar Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 188.27 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.
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 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 SELL. Signal strength is Strong and stock is gaining 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 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 positive zone. This is a BUY zone
Stock of Pennar Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 188.27 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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