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Pennar Industries Limited

PENIND.BO Technical Analysis Summary (BSE)

Analyze PENIND.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

PENIND.BO●BSE
IndustrialsIndustrial - Machinery
₹152.60
₹1.20(0.79%)
Indian Market opens in 6h 10m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PENIND.BO Technical Analysis Summary (BSE)

Pennar Industries Limited (BSE: PENIND.BO) stock currently shows a bearish trend on the BSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 33.25)
Trend Strength:Moderate (ADX: 22.25)
Volatility:Medium (ATR: 5.03)
Support/Resistance:$151.89 – $172.06 (Bollinger Bands)

Technical conditions suggest Pennar Industries Limited on the BSE is awaiting a decisive move. Technical conditions suggest Pennar Industries Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 33.25

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 14.09

Bullish
Oversold zone signals rebound potential.

Williams %R: -83.64

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -9.17

Strongly Bearish
Sharp downside momentum.

Takeaway:Pennar Industries Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -3.16

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.25

Moderate
Moderate trend, direction gaining strength.

ATR (14): 5.03

High
High volatility, wide price fluctuations.

CCI (14): -133.95

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Pennar Industries Limited shows oversold trend conditions, with potential for rebound if buyers step in.

Support & Resistance indicators
Bollinger Bands
Upper Band
$172.06
Middle Band (SMA 20)
$161.98
Lower Band
$151.89
Current Position
Within Bands

Takeaway:Pennar Industries Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$170.64
Middle Line (EMA 20)
$160.59
Lower Channel
$150.53
Squeeze Status
No Squeeze

Takeaway:Pennar Industries Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume178.75K
Money Flow Index14.93Bullish, oversold conditions signal rebound potential.
Relative Vigor Index38.01Bearish, price momentum favors sellers.

Overall Takeaway:PENIND.BO shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Pennar Industries Limited (BSE: PENIND.BO), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Pennar Industries Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(BSE: PENIND.BO) Technical Analysis FAQ