(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 2024-10-30 View latest technical analysis
10 day averaged volume of Pennar Industries is 2842627
Date | Daily Closing Price | Open | High | Low | Volume |
30 Wed Oct 2024 | 185.36 | 180.81 | 187.45 | 179.80 | 0.27 times |
29 Tue Oct 2024 | 179.80 | 186.30 | 188.41 | 176.00 | 0.379 times |
28 Mon Oct 2024 | 186.29 | 184.96 | 191.95 | 182.75 | 0.339 times |
25 Fri Oct 2024 | 185.29 | 194.30 | 195.40 | 180.99 | 0.586 times |
24 Thu Oct 2024 | 193.49 | 198.51 | 203.95 | 192.00 | 0.546 times |
23 Wed Oct 2024 | 198.52 | 188.82 | 204.80 | 187.49 | 1.531 times |
22 Tue Oct 2024 | 187.43 | 204.00 | 205.09 | 186.02 | 0.828 times |
21 Mon Oct 2024 | 203.14 | 209.80 | 215.00 | 197.15 | 1.7 times |
18 Fri Oct 2024 | 207.39 | 184.00 | 210.35 | 181.60 | 3.437 times |
17 Thu Oct 2024 | 185.87 | 185.80 | 189.00 | 180.35 | 0.465 times |
My analysis of stock is bearish for shortterm, and stock might move down till 176.9 or till 166.3. Use a stoploss of 185.72 and if the stock hits stoploss, then it can shoot up till 194.53
Share price targets for Pennar Industries (PENIND)
Target Type | Value |
Downside Target | 120.10 |
Downside Target | 162.27 |
Downside Target | 176.00 |
Downside Target | 180.99 |
Downside Target | 185.00 |
Upside Target | 191.95 |
Upside Target | 194.39 |
Upside Target | 201.33 |
Upside Target | 204.12 |
Upside Target | 210.35 |
Upside Target | 215.00 |
Intraday share price targets for Pennar Industries (PENIND)
Target Type | Value |
Downside Intraday Target | 176.92 |
Downside Intraday Target | 168.49 |
Upside Intraday Target | 192.87 |
Upside Intraday Target | 200.39 |
Downside Intraday Target | 184.44 |
Weekly technical analysis of Pennar Industries (PENIND)
Date | Weekly Closing Price | Open | High | Low | Volume |
30 Wed Oct 2024 | 185.36 | 184.96 | 191.95 | 176.00 | 0.19 times |
25 Fri Oct 2024 | 185.29 | 209.80 | 215.00 | 180.99 | 1.09 times |
18 Fri Oct 2024 | 207.39 | 180.00 | 210.35 | 176.62 | 3.812 times |
11 Fri Oct 2024 | 177.80 | 184.15 | 185.70 | 166.66 | 0.476 times |
04 Fri Oct 2024 | 182.79 | 171.00 | 194.39 | 168.61 | 1.26 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 |
30 Wed Oct 2024 | 185.36 | 174.80 | 215.00 | 166.66 | 1.973 times |
30 Mon Sep 2024 | 170.22 | 178.00 | 185.00 | 162.27 | 1.023 times |
30 Fri Aug 2024 | 178.00 | 194.20 | 201.33 | 164.30 | 0.733 times |
31 Wed Jul 2024 | 193.81 | 171.40 | 204.12 | 164.00 | 0.883 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 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 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 to mid 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 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 losing momentum.
MACD generated a SELL signal for Pennar Industries in short term but the sell signal is initial and weak.
Pennar Industries 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 Pennar Industries 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 198.32 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.
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 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 to mid 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 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 losing momentum.
MACD generated a SELL signal for Pennar Industries in short term but the sell signal is initial and weak.
Pennar Industries 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 Pennar Industries 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 198.32 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.
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Daily charts
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