(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 2026-01-06 View latest technical analysis
10 day averaged volume of Pennar Steel is 25663
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Jan 2026 | 198.55 | 198.45 | 203.00 | 196.95 | 0.757 times |
| 05 Mon Jan 2026 | 198.50 | 213.60 | 213.60 | 196.35 | 1.389 times |
| 02 Fri Jan 2026 | 202.60 | 201.00 | 203.30 | 196.55 | 1.314 times |
| 01 Thu Jan 2026 | 202.95 | 206.00 | 206.35 | 201.25 | 0.386 times |
| 31 Wed Dec 2025 | 204.20 | 197.10 | 208.95 | 196.60 | 1.812 times |
| 30 Tue Dec 2025 | 196.05 | 193.10 | 197.60 | 193.10 | 0.284 times |
| 29 Mon Dec 2025 | 196.60 | 199.05 | 201.30 | 195.65 | 1.534 times |
| 26 Fri Dec 2025 | 200.45 | 199.75 | 201.85 | 198.80 | 1.086 times |
| 24 Wed Dec 2025 | 201.85 | 200.20 | 203.80 | 199.60 | 0.489 times |
| 23 Tue Dec 2025 | 200.20 | 196.00 | 203.40 | 196.00 | 0.442 times |
My analysis of stock is bearish for shortterm, and stock might move down till 195.3 or till 191.4. Use a stoploss of 198.65 and if the stock hits stoploss, then it can shoot up till 201.96
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 190.65 |
| Upside Target | 203.80 |
| Upside Target | 213.60 |
| Upside Target | 219.00 |
| Upside Target | 229.00 |
| Upside Target | 230.75 |
| Upside Target | 232.30 |
| Upside Target | 264.20 |
| Upside Target | 264.95 |
| Upside Target | 279.80 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 192.07 |
| Downside Intraday Target | 185.58 |
| Upside Intraday Target | 209.32 |
| Upside Intraday Target | 220.08 |
| Upside Intraday Target | 202.83 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Jan 2026 | 198.55 | 213.60 | 213.60 | 196.35 | 0.402 times |
| 02 Fri Jan 2026 | 202.60 | 199.05 | 208.95 | 193.10 | 1.625 times |
| 26 Fri Dec 2025 | 200.45 | 203.00 | 203.80 | 194.85 | 0.951 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 |
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 |
| 06 Tue Jan 2026 | 198.55 | 206.00 | 213.60 | 196.35 | 0.163 times |
| 31 Wed Dec 2025 | 204.20 | 232.30 | 232.30 | 190.65 | 0.418 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 |
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 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 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 to mid 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 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 BUY. Signal strength is Strong 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 200.43 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 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 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 to mid 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 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 BUY. Signal strength is Strong 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 200.43 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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