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Pennar Industries Limited

PENIND.NS Technical Analysis Summary (NSE)

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

PENIND.NS●NSE
IndustrialsIndustrial - Machinery
₹165.16
₹2.10(1.29%)
Indian Market opens in 12h 14m

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.NS Technical Analysis Summary (NSE)

Pennar Industries Limited (NSE: PENIND.NS) stock currently shows a neutral trend on the NSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.26)
Trend Strength:Weak (ADX: 17.14)
Volatility:Medium (ATR: 5.69)
Support/Resistance:$162.40 – $175.03 (Bollinger Bands)

Technical conditions suggest Pennar Industries Limited on the NSE is awaiting a decisive move. Overall, Pennar Industries Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 44.26

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 7.07

Bullish
Oversold zone signals rebound potential.

Williams %R: -88.64

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.24

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: 0.58

Bullish
Bullish, trend momentum is strengthening.

ADX: 17.14

Weak
Weak trend, market trading sideways.

ATR (14): 5.69

High
High volatility, wide price fluctuations.

CCI (14): -157.55

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Pennar Industries Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$175.03
Middle Band (SMA 20)
$168.72
Lower Band
$162.40
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$178.12
Middle Line (EMA 20)
$166.73
Lower Channel
$155.34
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume21.76M
Money Flow Index64.39Bullish, inflows support continued momentum.
Relative Vigor Index39.11Bearish, price momentum favors sellers.

Overall Takeaway:PENIND.NS shows mixed signals in money flow analysis.

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

Bullish Signals

MACD above 0 → bullish trend confirmation.

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:Technical indicators for Pennar Industries Limited are mixed, suggesting a Hold or wait-and-see approach.

(NSE: PENIND.NS) Technical Analysis FAQ