(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 2024-07-23 View latest technical analysis
10 day averaged volume of Pennar Industries is 1004243
Date | Daily Closing Price | Open | High | Low | Volume |
23 Tue Jul 2024 | 172.47 | 173.69 | 174.95 | 165.32 | 0.865 times |
22 Mon Jul 2024 | 172.79 | 172.40 | 175.96 | 167.76 | 0.559 times |
19 Fri Jul 2024 | 172.42 | 178.09 | 178.09 | 172.00 | 0.68 times |
18 Thu Jul 2024 | 177.53 | 183.60 | 185.98 | 174.47 | 0.996 times |
16 Tue Jul 2024 | 183.57 | 182.50 | 188.30 | 182.33 | 1.157 times |
15 Mon Jul 2024 | 182.32 | 183.00 | 188.00 | 180.60 | 2.179 times |
12 Fri Jul 2024 | 177.69 | 175.90 | 182.40 | 174.80 | 1.098 times |
11 Thu Jul 2024 | 176.33 | 170.00 | 178.51 | 169.14 | 1.21 times |
10 Wed Jul 2024 | 169.97 | 172.00 | 173.50 | 164.00 | 0.716 times |
09 Tue Jul 2024 | 170.72 | 173.70 | 175.25 | 170.00 | 0.492 times |
My analysis of stock is bearish for shortterm, and stock might move down till 168.5 or till 162.8. Use a stoploss of 173.28 and if the stock hits stoploss, then it can shoot up till 178.05
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 | 172.00 |
Upside Target | 175.96 |
Upside Target | 182.40 |
Upside Target | 186.00 |
Upside Target | 188.30 |
Upside Target | 191.70 |
Intraday share price targets for Pennar Industries (PENIND)
Target Type | Value |
Downside Intraday Target | 166.54 |
Downside Intraday Target | 160.61 |
Upside Intraday Target | 177.18 |
Upside Intraday Target | 181.89 |
Downside Intraday Target | 171.25 |
Weekly technical analysis of Pennar Industries (PENIND)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Tue Jul 2024 | 172.47 | 172.40 | 175.96 | 165.32 | 0.284 times |
19 Fri Jul 2024 | 172.42 | 183.00 | 188.30 | 172.00 | 1.131 times |
12 Fri Jul 2024 | 177.69 | 171.75 | 182.40 | 164.00 | 0.543 times |
05 Fri Jul 2024 | 168.37 | 171.40 | 191.70 | 167.55 | 2.337 times |
28 Fri Jun 2024 | 168.39 | 174.51 | 179.22 | 162.00 | 0.865 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 Industries (PENIND)
Date | Monthly Closing Price | Open | High | Low | Volume |
23 Tue Jul 2024 | 172.47 | 171.40 | 191.70 | 164.00 | 0.6 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 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 Industries ( (PENIND) ) 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 Industries ( (PENIND) ) 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 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 SELL. Signal strength is Weak and stock is gaining 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 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 Industries in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 177.22 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 has given negative 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 Industries ( (PENIND) ) 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 Industries ( (PENIND) ) 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 Industries ( (PENIND) ) 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 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 SELL. Signal strength is Weak and stock is gaining 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 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 Industries in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 177.22 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 has given negative 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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Daily charts
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