(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 2024-08-07 View latest technical analysis
10 day averaged volume of Panch Steel is 2475
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 203.35 | 204.95 | 204.95 | 195.50 | 0.973 times |
| 06 Tue Aug 2024 | 195.85 | 204.75 | 204.75 | 191.00 | 0.301 times |
| 05 Mon Aug 2024 | 196.15 | 207.55 | 207.55 | 195.20 | 0.316 times |
| 02 Fri Aug 2024 | 201.60 | 206.00 | 206.00 | 200.05 | 0.069 times |
| 01 Thu Aug 2024 | 206.85 | 217.40 | 217.40 | 205.00 | 0.801 times |
| 31 Wed Jul 2024 | 213.90 | 215.00 | 217.95 | 210.00 | 0.444 times |
| 30 Tue Jul 2024 | 212.20 | 205.00 | 213.50 | 205.00 | 5.526 times |
| 29 Mon Jul 2024 | 203.35 | 200.00 | 210.00 | 200.00 | 1.166 times |
| 26 Fri Jul 2024 | 202.15 | 209.75 | 214.00 | 200.00 | 1.16 times |
| 25 Thu Jul 2024 | 205.00 | 200.00 | 205.95 | 199.00 | 0.067 times |
My analysis of stock is bearish for shortterm, and stock might move down till 200.5 or till 194.9. Use a stoploss of 205.27 and if the stock hits stoploss, then it can shoot up till 210
Share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Target | 148.00 |
| Downside Target | 191.00 |
| Downside Target | 200.00 |
| Upside Target | 207.55 |
| Upside Target | 215.00 |
| Upside Target | 217.40 |
| Upside Target | 217.95 |
| Upside Target | 223.80 |
| Upside Target | 232.00 |
| Upside Target | 235.00 |
| Upside Target | 254.00 |
| Upside Target | 259.90 |
Intraday share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Intraday Target | 193.72 |
| Downside Intraday Target | 184.08 |
| Upside Intraday Target | 210.27 |
| Upside Intraday Target | 217.18 |
| Downside Intraday Target | 200.63 |
Weekly technical analysis of Panch Steel (PanchSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 203.35 | 207.55 | 207.55 | 191.00 | 0.199 times |
| 02 Fri Aug 2024 | 201.60 | 200.00 | 217.95 | 200.00 | 3.401 times |
| 26 Fri Jul 2024 | 202.15 | 195.20 | 214.00 | 195.20 | 1.99 times |
| 19 Fri Jul 2024 | 202.45 | 214.35 | 215.00 | 200.40 | 0.284 times |
| 12 Fri Jul 2024 | 206.95 | 215.00 | 223.80 | 200.25 | 0.736 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 |
| 07 Wed Aug 2024 | 203.35 | 217.40 | 217.40 | 191.00 | 0.12 times |
| 31 Wed Jul 2024 | 213.90 | 226.95 | 232.00 | 195.20 | 0.633 times |
| 28 Fri Jun 2024 | 221.20 | 224.80 | 235.00 | 193.00 | 1.144 times |
| 31 Fri May 2024 | 224.60 | 245.15 | 259.90 | 210.45 | 0.245 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 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 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 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 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 Panch Steel stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Panch Steel in short term and the sell signal is strong.
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 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 moving up
CCI has generated a buy signal for Panch Steel in short term but BUY signal is weak.
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 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 208.01 and Panch Steel (PanchSteel) 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 Panch Steel (PanchSteel) stock. Volume based technical analysis of Panch Steel (PanchSteel) stock is negative.
Panch 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 Panch Steel ( (PanchSteel) ) 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 Panch Steel ( (PanchSteel) ) 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 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 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 Panch Steel stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Panch Steel in short term and the sell signal is strong.
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 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 moving up
CCI has generated a buy signal for Panch Steel in short term but BUY signal is weak.
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 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 208.01 and Panch Steel (PanchSteel) 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 Panch Steel (PanchSteel) stock. Volume based technical analysis of Panch Steel (PanchSteel) stock is negative.
Panch 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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