(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 2026-01-09 View latest technical analysis
10 day averaged volume of Pennar Steel is 28644
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Jan 2026 | 194.15 | 190.85 | 195.00 | 186.75 | 0.901 times |
| 08 Thu Jan 2026 | 194.35 | 195.75 | 199.20 | 192.15 | 1.839 times |
| 07 Wed Jan 2026 | 198.20 | 196.75 | 199.65 | 195.00 | 0.49 times |
| 06 Tue Jan 2026 | 198.55 | 198.45 | 203.00 | 196.95 | 0.678 times |
| 05 Mon Jan 2026 | 198.50 | 213.60 | 213.60 | 196.35 | 1.244 times |
| 02 Fri Jan 2026 | 202.60 | 201.00 | 203.30 | 196.55 | 1.177 times |
| 01 Thu Jan 2026 | 202.95 | 206.00 | 206.35 | 201.25 | 0.346 times |
| 31 Wed Dec 2025 | 204.20 | 197.10 | 208.95 | 196.60 | 1.624 times |
| 30 Tue Dec 2025 | 196.05 | 193.10 | 197.60 | 193.10 | 0.255 times |
| 29 Mon Dec 2025 | 196.60 | 199.05 | 201.30 | 195.65 | 1.374 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 195.3, but if it comes above 195.3, then a intra day buy could be more profitable.
If you take a sell trade below 195.3, then use 195.3 as stoploss and 191.4 as target. However if you take a buy trade in stock , then use 195.3 as stoploss and 198.65 as target.
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 186.75 |
| 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 | 182.73 |
| Downside Intraday Target | 171.32 |
| Upside Intraday Target | 209.58 |
| Upside Intraday Target | 225.02 |
| Upside Intraday Target | 198.17 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Jan 2026 | 194.15 | 213.60 | 213.60 | 186.75 | 1.079 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 |
| 09 Fri Jan 2026 | 194.15 | 206.00 | 213.60 | 186.75 | 0.316 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Pennar Steel in short term but the buy 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 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 BUY signal in short term and the buying is gaining 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 198.57 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 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 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 gaining momentum.
MACD generated a BUY signal for Pennar Steel in short term but the buy 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 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 BUY signal in short term and the buying is gaining 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 198.57 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.
Click here for Pennar Steel charts
Click here for further forecast and predictions for tomorrow