(PanchSteel) Panch Steel complete technical analysis [charts+indicators] | Buy/Sell Panch Steel | (PanchSteel) share price targets
Complete technical analysis of Panch Steel (PanchSteel) by charts plus indicators, forecast predictions and share price targets for Panch Steel (PanchSteel)
Showing technical analysis as on 2024-06-12 View latest technical analysis
10 day averaged volume of Panch Steel is 1807
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 224.15 | 221.55 | 225.95 | 210.05 | 1.573 times |
| 11 Tue Jun 2024 | 216.70 | 222.80 | 222.85 | 216.00 | 1.091 times |
| 10 Mon Jun 2024 | 227.00 | 221.00 | 228.00 | 213.80 | 0.683 times |
| 07 Fri Jun 2024 | 221.05 | 213.95 | 224.60 | 213.95 | 1.826 times |
| 06 Thu Jun 2024 | 213.95 | 212.75 | 214.00 | 200.00 | 0.947 times |
| 05 Wed Jun 2024 | 204.25 | 208.90 | 208.95 | 193.00 | 1.086 times |
| 04 Tue Jun 2024 | 202.75 | 209.55 | 217.00 | 202.75 | 0.573 times |
| 03 Mon Jun 2024 | 213.40 | 224.80 | 224.80 | 213.40 | 0.478 times |
| 31 Fri May 2024 | 224.60 | 220.95 | 228.00 | 210.45 | 1.437 times |
| 30 Thu May 2024 | 221.50 | 220.65 | 229.45 | 212.25 | 0.455 times |
My analysis of stock is bullish for shortterm, and stock might move up till 233.4 or till 245.3. Use a stoploss of 223.54 and if this stock hits its stoploss, then it can fall down till 213.67
Share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Target | 137.30 |
| Downside Target | 148.00 |
| Downside Target | 164.00 |
| Downside Target | 193.00 |
| Downside Target | 210.05 |
| Upside Target | 224.80 |
| Upside Target | 228.00 |
| Upside Target | 230.00 |
| Upside Target | 235.00 |
| Upside Target | 250.00 |
| Upside Target | 254.00 |
| Upside Target | 254.45 |
| Upside Target | 259.90 |
Intraday share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Intraday Target | 213.47 |
| Downside Intraday Target | 202.78 |
| Upside Intraday Target | 231.42 |
| Upside Intraday Target | 238.68 |
| Downside Intraday Target | 220.73 |
Weekly technical analysis of Panch Steel (PanchSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 224.15 | 221.00 | 228.00 | 210.05 | 0.682 times |
| 07 Fri Jun 2024 | 221.05 | 224.80 | 224.80 | 193.00 | 1.258 times |
| 31 Fri May 2024 | 224.60 | 235.00 | 235.00 | 210.45 | 0.509 times |
| 24 Fri May 2024 | 229.00 | 250.00 | 250.00 | 213.75 | 0.592 times |
| 18 Sat May 2024 | 243.00 | 250.05 | 254.45 | 230.00 | 1.487 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 Panch Steel (PanchSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 224.15 | 224.80 | 228.00 | 193.00 | 0.213 times |
| 31 Fri May 2024 | 224.60 | 245.15 | 259.90 | 210.45 | 0.245 times |
| 30 Tue Apr 2024 | 242.70 | 149.00 | 254.00 | 148.00 | 1.262 times |
| 28 Thu Mar 2024 | 145.05 | 148.00 | 164.00 | 137.30 | 2.337 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 Panch Steel (PanchSteel)
Price action analysis of Panch Steel ( (PanchSteel) ) 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 Panch Steel ( (PanchSteel) ) based on a short 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.
Price action analysis of Panch Steel ( (PanchSteel) ) 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 Panch Steel ( (PanchSteel) ) 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 Panch Steel stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Panch Steel in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Panch Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Panch Steel in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Panch 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 218.13 and Panch Steel (PanchSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Panch Steel (PanchSteel) stock. Volume based technical analysis of Panch Steel (PanchSteel) stock is negative.
Panch 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 Panch Steel ( (PanchSteel) ) 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 Panch Steel ( (PanchSteel) ) based on a short 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.
Price action analysis of Panch Steel ( (PanchSteel) ) 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 Panch Steel ( (PanchSteel) ) 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 Panch Steel stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Panch Steel in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Panch Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Panch Steel in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Panch 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 218.13 and Panch Steel (PanchSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Panch Steel (PanchSteel) stock. Volume based technical analysis of Panch Steel (PanchSteel) stock is negative.
Panch 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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