(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 2024-10-08 View latest technical analysis
10 day averaged volume of Panch Steel is 1782
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 210.45 | 215.00 | 239.00 | 205.00 | 0.426 times |
| 07 Mon Oct 2024 | 201.10 | 204.30 | 211.00 | 192.15 | 0.964 times |
| 03 Thu Oct 2024 | 200.20 | 204.35 | 208.50 | 200.20 | 0.253 times |
| 01 Tue Oct 2024 | 204.35 | 208.65 | 208.95 | 200.00 | 0.53 times |
| 30 Mon Sep 2024 | 204.50 | 200.10 | 210.00 | 200.10 | 0.249 times |
| 27 Fri Sep 2024 | 205.20 | 215.90 | 215.90 | 200.00 | 0.837 times |
| 26 Thu Sep 2024 | 210.10 | 213.70 | 217.95 | 207.00 | 0.526 times |
| 25 Wed Sep 2024 | 208.85 | 207.20 | 214.45 | 206.70 | 0.894 times |
| 24 Tue Sep 2024 | 206.70 | 214.45 | 214.45 | 205.60 | 3.667 times |
| 23 Mon Sep 2024 | 213.55 | 211.70 | 214.95 | 210.00 | 0.602 times |
My analysis of stock is bearish for shortterm, and stock might move down till 205.5 or till 198.4. Use a stoploss of 211.48 and if the stock hits stoploss, then it can shoot up till 217.44
Share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Target | 191.00 |
| Downside Target | 200.00 |
| Downside Target | 208.50 |
| Upside Target | 217.95 |
| Upside Target | 228.95 |
| Upside Target | 232.00 |
| Upside Target | 235.00 |
| Upside Target | 236.60 |
| Upside Target | 239.00 |
Intraday share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Intraday Target | 188.73 |
| Downside Intraday Target | 167.02 |
| Upside Intraday Target | 235.58 |
| Upside Intraday Target | 260.72 |
| Upside Intraday Target | 213.87 |
Weekly technical analysis of Panch Steel (PanchSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 210.45 | 204.30 | 239.00 | 192.15 | 1.347 times |
| 03 Thu Oct 2024 | 200.20 | 200.10 | 210.00 | 200.00 | 0.158 times |
| 27 Fri Sep 2024 | 205.20 | 211.70 | 217.95 | 200.00 | 1.246 times |
| 20 Fri Sep 2024 | 211.70 | 215.00 | 228.95 | 210.00 | 0.975 times |
| 13 Fri Sep 2024 | 216.10 | 208.50 | 228.95 | 208.50 | 0.847 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 |
| 08 Tue Oct 2024 | 210.45 | 208.65 | 239.00 | 192.15 | 0.092 times |
| 30 Mon Sep 2024 | 204.50 | 216.20 | 228.95 | 200.00 | 0.584 times |
| 30 Fri Aug 2024 | 212.35 | 217.40 | 236.60 | 191.00 | 1.425 times |
| 31 Wed Jul 2024 | 213.90 | 226.95 | 232.00 | 195.20 | 0.633 times |
Scroll below to view daily charts
Price has moved up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Panch Steel ( (PanchSteel) ) 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 Panch Steel ( (PanchSteel) ) based on a short to mid 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 Panch Steel ( (PanchSteel) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Panch Steel stock for short term is BUY. 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 green color and prices are in or below 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 BUY signal in short term and the buying is gaining 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 Panch 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 206.63 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 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 positive
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Panch Steel ( (PanchSteel) ) 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 Panch Steel ( (PanchSteel) ) based on a short to mid 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 Panch Steel ( (PanchSteel) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Panch Steel stock for short term is BUY. 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 green color and prices are in or below 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 BUY signal in short term and the buying is gaining 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 Panch 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 206.63 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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