Stock analysis Punjab National Bank PNB
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Recent prices of PNB Punjab National Bank are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 09 Wed Oct 2024 | 104.10 | 102.56 to 105.42 | 1.57% | 0.65 times |
| 08 Tue Oct 2024 | 102.49 | 101.15 to 103.30 | 0.41% | 0.43 times |
| 07 Mon Oct 2024 | 102.07 | 100.80 to 107.40 | -3.57% | 1.25 times |
| 04 Fri Oct 2024 | 105.85 | 104.15 to 107.40 | 0.75% | 1.19 times |
| 03 Thu Oct 2024 | 105.06 | 103.00 to 106.75 | -0.14% | 1.49 times |
| 01 Tue Oct 2024 | 105.21 | 103.86 to 106.17 | -1.87% | 1.8 times |
| 30 Mon Sep 2024 | 107.21 | 106.81 to 109.26 | -1.84% | 0.46 times |
| 27 Fri Sep 2024 | 109.22 | 107.29 to 109.60 | 1.8% | 0.6 times |
| 26 Thu Sep 2024 | 107.29 | 104.56 to 107.49 | 2.13% | 0.52 times |
| 25 Wed Sep 2024 | 105.05 | 103.62 to 107.48 | -2.58% | 1.07 times |
| 24 Tue Sep 2024 | 107.83 | 107.60 to 111.24 | -3.3% | 1.19 times |
| 23 Mon Sep 2024 | 111.51 | 108.51 to 111.90 | 2.86% | 0.53 times |
Technical analysis forecast for Punjab National Bank 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 Punjab National Bank PNB at this time. Stock is falling and might fall more.
It appears as if Punjab National Bank PNB gave a large move recently.
Stock of Punjab National Bank (PNB) 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 Punjab National Bank is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Punjab National Bank stays below 104.5, but if it comes above 104.5, then a intra day buy could be more profitable.
If you take a sell trade below 104.5, then use 104.5 as stoploss and 101.5 as target. However if you take a buy trade in Punjab National Bank, then use 104.5 as stoploss and 107.11 as target.