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(PENTAGON_SM) Pentagon Rubber complete technical analysis [charts+indicators] | Buy/Sell Pentagon Rubber | (PENTAGON_SM) share price targets

Complete technical analysis of Pentagon Rubber (PENTAGON_SM) by charts plus indicators, forecast predictions and share price targets for Pentagon Rubber (PENTAGON_SM)

10 day averaged volume of Pentagon Rubber is 12000

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	122.00	116.00	122.00	115.00	0.417 times
07 Tue May 2024	118.00	120.00	120.00	118.00	0.25 times
06 Mon May 2024	120.00	119.00	125.95	118.90	3.5 times
03 Fri May 2024	121.70	122.30	122.30	121.00	0.25 times
29 Mon Apr 2024	122.30	118.60	125.00	118.40	3.167 times
26 Fri Apr 2024	129.00	128.00	130.00	126.20	0.667 times
25 Thu Apr 2024	130.15	130.00	132.50	128.00	0.5 times
24 Wed Apr 2024	130.00	127.00	134.00	127.00	0.417 times
23 Tue Apr 2024	127.00	130.95	130.95	126.00	0.667 times
22 Mon Apr 2024	131.00	130.35	131.00	130.20	0.417 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 122.8, but if it comes above 122.8, then a intra day buy could be more profitable.
If you take a sell trade below 122.8, then use 122.8 as stoploss and 116.4 as target. However if you take a buy trade in stock , then use 122.8 as stoploss and 128.11 as target.

Share price targets for Pentagon Rubber (PENTAGON_SM)

Target Type	Value
Downside Target	103.00
Downside Target	115.00
Downside Target	118.40
Upside Target	123.05
Upside Target	128.00
Upside Target	133.90
Upside Target	134.00
Upside Target	138.00
Upside Target	138.90
Upside Target	143.90
Upside Target	160.00

Intraday share price targets for Pentagon Rubber (PENTAGON_SM)

Target Type	Value
Downside Intraday Target	116.02
Downside Intraday Target	110.03
Upside Intraday Target	126.97
Upside Intraday Target	131.93
Downside Intraday Target	120.98

Weekly technical analysis of Pentagon Rubber (PENTAGON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	122.00	119.00	125.95	115.00	1.22 times
03 Fri May 2024	121.70	118.60	125.00	118.40	1.281 times
26 Fri Apr 2024	129.00	130.35	134.00	126.00	0.681 times
19 Fri Apr 2024	134.00	133.85	138.90	123.05	1.679 times
12 Fri Apr 2024	133.00	136.00	138.00	128.00	0.583 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 Pentagon Rubber (PENTAGON_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Wed May 2024	122.00	122.30	125.95	115.00	0.275 times
29 Mon Apr 2024	122.30	121.50	138.90	116.00	0.71 times
28 Thu Mar 2024	109.00	129.00	133.90	103.00	0.485 times
29 Thu Feb 2024	129.00	130.00	160.00	124.10	0.819 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 Pentagon Rubber (PENTAGON_SM)

Price action analysis of Pentagon Rubber ( (PENTAGON_SM) ) 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 Pentagon Rubber ( (PENTAGON_SM) ) 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 Pentagon Rubber ( (PENTAGON_SM) ) 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 Pentagon Rubber stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Pentagon Rubber in short term and the sell signal is strong.

Pentagon Rubber Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Pentagon Rubber in short term but BUY 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 Pentagon Rubber is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 123.17 and Pentagon Rubber (PENTAGON_SM) 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 Pentagon Rubber (PENTAGON_SM) stock. Volume based technical analysis of Pentagon Rubber (PENTAGON_SM) stock is negative.

Pentagon Rubber 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.