Stock analysis Pennar Industries Limited PENIND
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Recent prices of PENIND Pennar Industries Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 13 Fri Sep 2024 | 172.38 | 169.23 to 173.05 | 1.86% | 0.52 times |
| 12 Thu Sep 2024 | 169.23 | 166.94 to 171.29 | 0.93% | 0.48 times |
| 11 Wed Sep 2024 | 167.67 | 166.21 to 173.35 | -1.28% | 0.63 times |
| 10 Tue Sep 2024 | 169.85 | 165.38 to 172.60 | 3.02% | 0.68 times |
| 09 Mon Sep 2024 | 164.87 | 163.55 to 169.00 | -2.55% | 0.82 times |
| 06 Fri Sep 2024 | 169.19 | 165.25 to 171.84 | 0.1% | 0.94 times |
| 05 Thu Sep 2024 | 169.02 | 168.49 to 174.90 | -0.65% | 1.13 times |
| 04 Wed Sep 2024 | 170.12 | 169.40 to 178.80 | -7.3% | 4.03 times |
| 03 Tue Sep 2024 | 183.51 | 178.90 to 184.26 | 2.58% | 0.45 times |
| 02 Mon Sep 2024 | 178.90 | 174.51 to 180.89 | 0.51% | 0.41 times |
| 30 Fri Aug 2024 | 178.00 | 175.93 to 181.86 | -0.2% | 0.42 times |
| 29 Thu Aug 2024 | 178.36 | 177.61 to 188.49 | 0% | 0.79 times |
Technical analysis forecast for Pennar Industries Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Pennar Industries Limited PENIND at this time. Stock is falling and might fall more.
It appears as if Pennar Industries Limited PENIND gave a large move recently.
Stock of Pennar Industries Limited (PENIND) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Pennar Industries Limited is bearish for shortterm, and stock might move down till 165.4 or till 154.1. Use a stoploss of 174.82 and if the stock hits stoploss, then it can shoot up till 184.22