(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 2025-12-02 View latest technical analysis
10 day averaged volume of Pennar Steel is 39546
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Dec 2025 | 218.85 | 221.90 | 221.95 | 217.90 | 0.554 times |
| 01 Mon Dec 2025 | 221.90 | 232.30 | 232.30 | 221.30 | 0.447 times |
| 28 Fri Nov 2025 | 229.80 | 227.90 | 230.60 | 226.70 | 0.345 times |
| 27 Thu Nov 2025 | 229.15 | 231.00 | 233.35 | 227.90 | 0.406 times |
| 26 Wed Nov 2025 | 229.65 | 223.50 | 233.45 | 221.25 | 1.031 times |
| 25 Tue Nov 2025 | 223.10 | 216.50 | 224.25 | 215.00 | 0.903 times |
| 24 Mon Nov 2025 | 217.05 | 222.00 | 224.35 | 210.65 | 1.242 times |
| 21 Fri Nov 2025 | 222.15 | 218.00 | 224.35 | 215.85 | 1.954 times |
| 20 Thu Nov 2025 | 217.95 | 225.95 | 225.95 | 217.10 | 1.103 times |
| 18 Tue Nov 2025 | 223.85 | 226.15 | 227.65 | 223.00 | 1.201 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 215.5 as stoploss in an intra day buy trade for a target of 234.14. However, stock will show a bearish move below 215.5.
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 210.65 |
| Downside Target | 215.85 |
| Upside Target | 224.00 |
| Upside Target | 229.00 |
| Upside Target | 233.45 |
| Upside Target | 255.00 |
| Upside Target | 255.20 |
| Upside Target | 264.20 |
| Upside Target | 264.95 |
| Upside Target | 269.25 |
| Upside Target | 279.80 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 213.73 |
| Downside Intraday Target | 208.62 |
| Upside Intraday Target | 228.13 |
| Upside Intraday Target | 237.42 |
| Upside Intraday Target | 223.02 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Dec 2025 | 218.85 | 232.30 | 232.30 | 217.90 | 0.255 times |
| 28 Fri Nov 2025 | 229.80 | 222.00 | 233.45 | 210.65 | 0.698 times |
| 21 Fri Nov 2025 | 222.15 | 225.65 | 231.05 | 215.85 | 0.276 times |
| 14 Fri Nov 2025 | 225.00 | 254.95 | 255.00 | 224.00 | 3.092 times |
| 07 Fri Nov 2025 | 276.25 | 260.95 | 279.80 | 255.20 | 2.016 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 |
| 02 Tue Dec 2025 | 218.85 | 232.30 | 232.30 | 217.90 | 0.027 times |
| 28 Fri Nov 2025 | 229.80 | 260.95 | 279.80 | 210.65 | 2.65 times |
| 31 Fri Oct 2025 | 261.70 | 234.85 | 264.95 | 229.00 | 0.533 times |
| 30 Tue Sep 2025 | 235.10 | 238.10 | 264.20 | 230.75 | 0.418 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 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 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 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 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 Pennar Steel stock for short term is SELL. Signal strength is Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 222.5 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 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 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 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 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 Pennar Steel stock for short term is SELL. Signal strength is Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 222.5 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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