(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)
10 day averaged volume of Pennar Industries is 1265499
Date | Daily Closing Price | Open | High | Low | Volume |
21 Thu Nov 2024 | 197.30 | 187.00 | 199.00 | 180.85 | 1.75 times |
19 Tue Nov 2024 | 181.80 | 185.00 | 187.80 | 179.41 | 0.428 times |
18 Mon Nov 2024 | 182.61 | 179.95 | 184.53 | 173.00 | 0.537 times |
14 Thu Nov 2024 | 177.23 | 175.38 | 179.50 | 172.11 | 0.87 times |
13 Wed Nov 2024 | 173.29 | 180.20 | 180.20 | 167.70 | 2.072 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 198.4 as stoploss in an intra day sell trade for a target of 189.72. However, stock will show a bullish move above 198.4.
Share price targets for Pennar Industries (PENIND)
Target Type | Value |
Downside Target | 162.27 |
Downside Target | 173.00 |
Downside Target | 179.80 |
Downside Target | 185.00 |
Downside Target | 191.00 |
Downside Target | 197.00 |
Upside Target | 199.00 |
Upside Target | 199.20 |
Upside Target | 201.33 |
Upside Target | 204.12 |
Upside Target | 210.00 |
Upside Target | 215.00 |
Intraday share price targets for Pennar Industries (PENIND)
Target Type | Value |
Downside Intraday Target | 180.53 |
Downside Intraday Target | 163.77 |
Upside Intraday Target | 206.53 |
Upside Intraday Target | 215.77 |
Downside Intraday Target | 189.77 |
Weekly technical analysis of Pennar Industries (PENIND)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Thu Nov 2024 | 197.30 | 179.95 | 199.00 | 173.00 | 0.669 times |
14 Thu Nov 2024 | 177.23 | 193.50 | 197.00 | 167.70 | 0.782 times |
08 Fri Nov 2024 | 193.75 | 195.67 | 210.00 | 191.00 | 2.355 times |
01 Fri Nov 2024 | 196.68 | 180.81 | 199.20 | 179.80 | 0.993 times |
30 Wed Oct 2024 | 185.36 | 184.96 | 191.95 | 176.00 | 0.19 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 |
21 Thu Nov 2024 | 197.30 | 198.80 | 210.00 | 167.70 | 0.352 times |
31 Thu Oct 2024 | 194.60 | 174.80 | 215.00 | 166.66 | 2.088 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 |
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)
Indicator Name | Indicator Value | Indicator Signal |
ADX | 26, 22, 7 | Buy |
MACD | 1, 3 | Sell |
Stochastics | 46 | None |
CCI | 25 | Buy |
RSI | 55 | Buy |
OBV | 4524492 | Sell |
VWAP | 190 | Buy |
ADL | 0 | Sell |
ROC | -0 | Sell |
Force Index | 0 | Sell |
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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Pennar Industries ( (PENIND) ) based on a short to mid term time period is
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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Pennar Industries in short term and BUY 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 189.76 and Pennar Industries (PENIND) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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