(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)
10 day averaged volume of Pennar Steel is 27639
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Mon Oct 2025 | 232.80 | 231.65 | 233.10 | 229.05 | 0.654 times |
| 17 Fri Oct 2025 | 231.80 | 232.85 | 234.35 | 229.00 | 0.334 times |
| 16 Thu Oct 2025 | 233.50 | 235.55 | 238.10 | 232.90 | 0.438 times |
| 15 Wed Oct 2025 | 235.25 | 235.85 | 239.80 | 234.00 | 0.751 times |
| 14 Tue Oct 2025 | 235.80 | 236.00 | 237.35 | 230.25 | 1.21 times |
| 13 Mon Oct 2025 | 236.65 | 241.50 | 241.50 | 234.30 | 0.399 times |
| 10 Fri Oct 2025 | 241.80 | 233.75 | 244.55 | 232.70 | 1.844 times |
| 09 Thu Oct 2025 | 232.10 | 230.80 | 234.00 | 229.05 | 1.271 times |
| 08 Wed Oct 2025 | 231.95 | 230.95 | 235.95 | 230.45 | 1.643 times |
| 07 Tue Oct 2025 | 231.25 | 237.05 | 238.15 | 230.40 | 0.671 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 232.6 as stoploss in an intra day buy trade for a target of 237.15. However, stock will show a bearish move below 232.6.
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 201.95 |
| Downside Target | 211.55 |
| Downside Target | 229.00 |
| Upside Target | 241.50 |
| Upside Target | 245.95 |
| Upside Target | 248.40 |
| Upside Target | 251.85 |
| Upside Target | 257.40 |
| Upside Target | 264.20 |
| Upside Target | 265.00 |
| Upside Target | 269.25 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 230.2 |
| Downside Intraday Target | 227.6 |
| Upside Intraday Target | 234.25 |
| Upside Intraday Target | 235.7 |
| Downside Intraday Target | 231.65 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Mon Oct 2025 | 232.80 | 231.65 | 233.10 | 229.05 | 0.209 times |
| 17 Fri Oct 2025 | 231.80 | 241.50 | 241.50 | 229.00 | 0.456 times |
| 10 Fri Oct 2025 | 241.80 | 242.60 | 245.95 | 229.05 | 1.27 times |
| 03 Fri Oct 2025 | 245.00 | 235.60 | 248.40 | 230.75 | 0.606 times |
| 26 Fri Sep 2025 | 235.50 | 250.60 | 251.85 | 231.50 | 0.958 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 Pennar Steel (PennarSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Mon Oct 2025 | 232.80 | 234.85 | 248.40 | 229.00 | 0.333 times |
| 30 Tue Sep 2025 | 235.10 | 238.10 | 264.20 | 230.75 | 0.418 times |
| 29 Fri Aug 2025 | 239.05 | 244.00 | 269.25 | 211.55 | 1.772 times |
| 31 Thu Jul 2025 | 239.70 | 246.85 | 265.00 | 201.95 | 0.728 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Pennar Steel ( (PennarSteel) ) 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 Pennar Steel ( (PennarSteel) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 SELL signal for Pennar Steel in short term and the sell signal is strong.
Pennar Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 235 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Pennar Steel ( (PennarSteel) ) 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 Pennar Steel ( (PennarSteel) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 SELL signal for Pennar Steel in short term and the sell signal is strong.
Pennar Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 235 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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