(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 2025-08-20 View latest technical analysis
10 day averaged volume of Pennar Steel is 179751
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Aug 2025 | 262.20 | 257.80 | 267.75 | 253.00 | 1.606 times |
| 19 Tue Aug 2025 | 260.20 | 255.40 | 269.20 | 252.65 | 3.289 times |
| 18 Mon Aug 2025 | 255.35 | 216.25 | 255.35 | 216.25 | 3.963 times |
| 14 Thu Aug 2025 | 212.80 | 224.00 | 226.85 | 211.55 | 0.256 times |
| 13 Wed Aug 2025 | 223.20 | 216.35 | 224.65 | 216.35 | 0.335 times |
| 12 Tue Aug 2025 | 216.80 | 224.95 | 224.95 | 215.30 | 0.372 times |
| 11 Mon Aug 2025 | 220.75 | 229.75 | 229.75 | 218.80 | 0.226 times |
| 08 Fri Aug 2025 | 221.50 | 225.40 | 228.50 | 220.50 | 0.097 times |
| 07 Thu Aug 2025 | 225.35 | 222.00 | 227.30 | 219.60 | 0.379 times |
| 06 Wed Aug 2025 | 220.50 | 232.40 | 234.35 | 219.85 | 0.943 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 253.5, but if it comes below 253.5, then a intra day sell could be more profitable.
If you take a sell trade below 253.5, then use 253.5 as stoploss and 237.62 as target. However if you take a buy trade in stock , then use 253.5 as stoploss and 272.6 as target.
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 159.30 |
| Downside Target | 170.30 |
| Downside Target | 201.95 |
| Downside Target | 211.55 |
| Downside Target | 229.75 |
| Downside Target | 237.30 |
| Downside Target | 257.40 |
| Downside Target | 259.00 |
| Upside Target | 265.00 |
| Upside Target | 269.20 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 229.23 |
| Downside Intraday Target | 196.27 |
| Upside Intraday Target | 282.18 |
| Upside Intraday Target | 302.17 |
| Downside Intraday Target | 249.22 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Aug 2025 | 262.20 | 216.25 | 269.20 | 216.25 | 7.449 times |
| 14 Thu Aug 2025 | 212.80 | 229.75 | 229.75 | 211.55 | 0.708 times |
| 08 Fri Aug 2025 | 221.50 | 233.10 | 237.30 | 219.60 | 0.742 times |
| 01 Fri Aug 2025 | 231.95 | 249.70 | 259.00 | 230.60 | 0.837 times |
| 25 Fri Jul 2025 | 249.75 | 201.95 | 265.00 | 201.95 | 3.025 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Pennar Steel (PennarSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Wed Aug 2025 | 262.20 | 244.00 | 269.20 | 211.55 | 1.547 times |
| 31 Thu Jul 2025 | 239.70 | 246.85 | 265.00 | 201.95 | 0.728 times |
| 30 Mon Jun 2025 | 240.40 | 213.25 | 257.40 | 213.25 | 2.078 times |
| 30 Fri May 2025 | 212.40 | 180.05 | 230.05 | 159.30 | 1.331 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 Pennar Steel ( (PennarSteel) ) 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 Pennar Steel ( (PennarSteel) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Pennar Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Pennar Steel in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Pennar 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 Pennar Steel in short term and BUY 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 249.74 and Pennar Steel (PennarSteel) 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 Pennar Steel (PennarSteel) stock. Volume based technical analysis of Pennar Steel (PennarSteel) stock is negative.
Pennar Steel Stock is giving positive 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 Pennar Steel ( (PennarSteel) ) 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 Pennar Steel ( (PennarSteel) ) 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 Pennar Steel ( (PennarSteel) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Pennar Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Pennar Steel in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Pennar 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 Pennar Steel in short term and BUY 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 249.74 and Pennar Steel (PennarSteel) 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 Pennar Steel (PennarSteel) stock. Volume based technical analysis of Pennar Steel (PennarSteel) stock is negative.
Pennar Steel Stock is giving positive 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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