(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 2025-12-23 View latest technical analysis
10 day averaged volume of Pennar Steel is 26254
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Dec 2025 | 200.20 | 196.00 | 203.40 | 196.00 | 0.432 times |
| 22 Mon Dec 2025 | 200.80 | 203.00 | 203.00 | 194.85 | 1.235 times |
| 19 Fri Dec 2025 | 195.80 | 192.60 | 196.15 | 191.95 | 0.432 times |
| 18 Thu Dec 2025 | 191.30 | 195.40 | 195.40 | 190.65 | 0.864 times |
| 17 Wed Dec 2025 | 195.95 | 199.90 | 199.90 | 194.40 | 0.742 times |
| 16 Tue Dec 2025 | 197.95 | 199.05 | 201.00 | 197.00 | 0.52 times |
| 15 Mon Dec 2025 | 201.70 | 200.85 | 204.95 | 199.00 | 0.814 times |
| 12 Fri Dec 2025 | 200.80 | 196.00 | 203.00 | 196.00 | 1.491 times |
| 11 Thu Dec 2025 | 194.10 | 195.90 | 196.05 | 193.25 | 1.354 times |
| 10 Wed Dec 2025 | 194.40 | 200.00 | 201.90 | 191.65 | 1.025 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 194.2 as stoploss in an intra day buy trade for a target of 206.76. However, stock will show a bearish move below 194.2.
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 190.65 |
| Upside Target | 203.40 |
| Upside Target | 210.65 |
| Upside Target | 219.00 |
| Upside Target | 229.00 |
| Upside Target | 232.30 |
| Upside Target | 233.45 |
| Upside Target | 264.20 |
| Upside Target | 264.95 |
| Upside Target | 269.25 |
| Upside Target | 279.80 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 195.57 |
| Downside Intraday Target | 190.93 |
| Upside Intraday Target | 204.12 |
| Upside Intraday Target | 208.03 |
| Downside Intraday Target | 199.48 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Dec 2025 | 200.20 | 203.00 | 203.40 | 194.85 | 0.495 times |
| 19 Fri Dec 2025 | 195.80 | 200.85 | 204.95 | 190.65 | 0.478 times |
| 12 Fri Dec 2025 | 200.80 | 219.00 | 219.00 | 191.65 | 1.202 times |
| 05 Fri Dec 2025 | 206.80 | 232.30 | 232.30 | 205.00 | 0.991 times |
| 28 Fri Nov 2025 | 229.80 | 222.00 | 233.45 | 210.65 | 0.698 times |
Price has moved up 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 |
| 23 Tue Dec 2025 | 200.20 | 232.30 | 232.30 | 190.65 | 0.326 times |
| 28 Fri Nov 2025 | 229.80 | 260.95 | 279.80 | 210.65 | 2.65 times |
| 31 Fri Oct 2025 | 261.70 | 234.85 | 264.95 | 229.00 | 0.533 times |
| 30 Tue Sep 2025 | 235.10 | 238.10 | 264.20 | 230.75 | 0.418 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a BUY signal for Pennar Steel in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls 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 buy signal for Pennar Steel in short term and BUY signal is strong.
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
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 197.36 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 is giving positive 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a BUY signal for Pennar Steel in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls 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 buy signal for Pennar Steel in short term and BUY signal is strong.
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
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 197.36 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 is giving positive 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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