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 2025-05-05 View latest technical analysis

10 day averaged volume of Pennar Industries is 493123

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon May 2025	183.60	182.00	185.50	180.83	0.543 times
02 Fri May 2025	182.20	181.78	187.71	181.05	0.509 times
30 Wed Apr 2025	183.78	185.00	185.50	182.20	0.575 times
29 Tue Apr 2025	185.95	191.00	192.71	185.22	0.815 times
28 Mon Apr 2025	191.39	191.00	193.60	186.69	0.694 times
25 Fri Apr 2025	189.37	199.99	199.99	187.90	1.681 times
24 Thu Apr 2025	198.07	198.50	201.91	196.05	0.839 times
23 Wed Apr 2025	198.38	198.80	199.62	191.69	1.719 times
22 Tue Apr 2025	197.10	192.69	198.50	189.43	1.453 times
21 Mon Apr 2025	191.49	186.80	192.56	185.99	0.856 times

My analysis of stock is bearish for shortterm, and stock might move down till 179.5 or till 170.8. Use a stoploss of 186.68 and if the stock hits stoploss, then it can shoot up till 193.91

Share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Target	135.65
Downside Target	148.81
Downside Target	178.62
Upside Target	185.99
Upside Target	187.71
Upside Target	191.32
Upside Target	193.60
Upside Target	194.00
Upside Target	201.91
Upside Target	205.20

Intraday share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Intraday Target	181.12
Downside Intraday Target	178.64
Upside Intraday Target	185.79
Upside Intraday Target	187.98
Downside Intraday Target	183.31

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon May 2025	183.60	182.00	185.50	180.83	0.209 times
02 Fri May 2025	182.20	191.00	193.60	181.05	0.396 times
25 Fri Apr 2025	189.37	186.80	201.91	185.99	2.615 times
17 Thu Apr 2025	185.88	184.98	191.32	182.21	0.41 times
11 Fri Apr 2025	179.70	151.37	183.98	148.81	1.161 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
05 Mon May 2025	183.60	181.78	187.71	180.83	0.047 times
30 Wed Apr 2025	183.78	187.80	201.91	148.81	0.883 times
28 Fri Mar 2025	187.80	159.10	194.00	149.70	0.768 times
28 Fri Feb 2025	156.75	158.02	178.62	135.65	1.36 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 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 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 gaining 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 getting stronger in this stock.

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

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Pennar Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 191.89 and Pennar Industries (PENIND) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.