Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(PENIND) Pennar Industries complete technical analysis [charts+indicators] | Buy/Sell Pennar Industries | (PENIND) share price targets

Complete technical analysis of Pennar Industries (PENIND) by charts plus indicators, forecast predictions and share price targets for Pennar Industries (PENIND)

Pennar Industries trades in NSE in Iron & Steel sector.

Showing technical analysis as on 2024-07-03 View latest technical analysis

10 day averaged volume of Pennar Industries is 1167798

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Jul 2024	171.93	179.80	180.62	171.00	1.354 times
02 Tue Jul 2024	179.21	178.00	191.70	177.00	3.567 times
01 Mon Jul 2024	173.87	171.40	176.14	170.21	0.706 times
28 Fri Jun 2024	168.39	164.10	170.00	164.10	0.495 times
27 Thu Jun 2024	163.86	171.00	172.52	162.00	0.747 times
26 Wed Jun 2024	170.19	170.00	173.88	167.69	0.595 times
25 Tue Jun 2024	170.15	172.06	175.25	169.16	0.39 times
24 Mon Jun 2024	172.06	174.51	179.22	171.18	0.775 times
21 Fri Jun 2024	174.63	182.17	182.68	173.00	0.737 times
20 Thu Jun 2024	181.39	169.00	184.00	168.77	1.435 times

My analysis of stock is bullish for shortterm, and stock might move up till 179.5 or till 191.8. Use a stoploss of 169.35 and if this stock hits its stoploss, then it can fall down till 159.16

Share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Target	106.40
Downside Target	113.90
Downside Target	120.10
Downside Target	122.60
Downside Target	138.95
Downside Target	144.50
Downside Target	152.00
Downside Target	162.00
Downside Target	165.35
Downside Target	170.21
Upside Target	179.22
Upside Target	184.00
Upside Target	186.00
Upside Target	191.70

Intraday share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Intraday Target	164.19
Downside Intraday Target	156.46
Upside Intraday Target	185.68
Upside Intraday Target	199.44
Upside Intraday Target	177.95

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Jul 2024	171.93	171.40	191.70	170.21	1.874 times
28 Fri Jun 2024	168.39	174.51	179.22	162.00	0.865 times
21 Fri Jun 2024	174.63	173.34	184.00	165.35	0.391 times
14 Fri Jun 2024	173.34	174.30	186.00	166.30	0.744 times
07 Fri Jun 2024	169.30	151.00	172.00	120.10	4.103 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 Industries (PENIND)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Wed Jul 2024	171.93	171.40	191.70	170.21	0.206 times
28 Fri Jun 2024	168.39	151.00	186.00	120.10	1.773 times
31 Fri May 2024	143.95	137.30	152.00	122.60	1.17 times
30 Tue Apr 2024	137.00	134.45	144.50	113.90	0.917 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 Pennar Industries (PENIND)

Price action analysis of Pennar Industries ( (PENIND) ) 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 Industries ( (PENIND) ) based on a short 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 Industries ( (PENIND) ) based on a short to mid 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 Industries ( (PENIND) ) based on a mid to longer 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.

ADX buy sell signal for Pennar Industries stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Pennar Industries in short term but the sell signal is initial and weak.

Pennar Industries 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Pennar Industries in short term but SELL signal is weak.

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 Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 175.03 and Pennar Industries (PENIND) 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 Industries (PENIND) stock. Volume based technical analysis of Pennar Industries (PENIND) stock is negative.

Pennar Industries 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.