(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 2025-10-07 View latest technical analysis
10 day averaged volume of Pennar Steel is 43587
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue Oct 2025 | 231.25 | 237.05 | 238.15 | 230.40 | 0.425 times |
| 06 Mon Oct 2025 | 236.70 | 242.60 | 245.95 | 236.10 | 0.912 times |
| 03 Fri Oct 2025 | 245.00 | 248.40 | 248.40 | 239.05 | 0.523 times |
| 01 Wed Oct 2025 | 239.05 | 234.85 | 239.65 | 232.55 | 0.539 times |
| 30 Tue Sep 2025 | 235.10 | 233.00 | 239.95 | 233.00 | 0.276 times |
| 29 Mon Sep 2025 | 235.55 | 235.60 | 239.00 | 230.75 | 2.093 times |
| 26 Fri Sep 2025 | 235.50 | 240.25 | 243.35 | 231.50 | 1.933 times |
| 25 Thu Sep 2025 | 241.10 | 242.00 | 246.75 | 239.70 | 0.366 times |
| 24 Wed Sep 2025 | 241.40 | 241.05 | 245.55 | 240.70 | 1.124 times |
| 23 Tue Sep 2025 | 244.90 | 245.05 | 246.60 | 240.20 | 1.014 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 230.9, for a target of 237 or 242.18
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 201.95 |
| Downside Target | 211.55 |
| Downside Target | 230.40 |
| Upside Target | 237.25 |
| 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 | 225.78 |
| Downside Intraday Target | 220.32 |
| Upside Intraday Target | 241.33 |
| Upside Intraday Target | 251.42 |
| Upside Intraday Target | 235.87 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue Oct 2025 | 231.25 | 242.60 | 245.95 | 230.40 | 0.39 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 |
| 19 Fri Sep 2025 | 250.60 | 240.20 | 264.20 | 237.25 | 1.432 times |
| 12 Fri Sep 2025 | 242.90 | 247.15 | 257.40 | 241.30 | 0.762 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 |
| 07 Tue Oct 2025 | 231.25 | 234.85 | 248.40 | 230.40 | 0.102 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 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 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 Pennar Steel ( (PennarSteel) ) based on a short to mid 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 mid to longer 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
ADX buy sell signal for Pennar Steel stock for short term is SELL. Signal strength is Weak and stock is losing 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 green color and prices are in or below the green 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 but buying is losing 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 Pennar 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 238.15 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 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 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 Pennar Steel ( (PennarSteel) ) based on a short to mid 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 mid to longer 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
ADX buy sell signal for Pennar Steel stock for short term is SELL. Signal strength is Weak and stock is losing 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 green color and prices are in or below the green 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 but buying is losing 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 Pennar 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 238.15 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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