Login or Join
Learn then Earn

(PanyamCemen) Panyam Cemen complete technical analysis [charts+indicators] | Buy/Sell Panyam Cemen | (PanyamCemen) share price targets

Complete technical analysis of Panyam Cemen (PanyamCemen) by charts plus indicators, forecast predictions and share price targets for Panyam Cemen (PanyamCemen)

10 day averaged volume of Panyam Cemen is 864

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 226.50 235.00 235.00 226.50 1.087 times
07 Tue May 2024 231.00 231.25 231.25 231.00 1.28 times
06 Mon May 2024 226.75 226.75 226.75 226.75 1.03 times
03 Fri May 2024 222.35 222.35 222.35 222.35 1.828 times
02 Thu May 2024 218.00 213.75 218.00 213.75 1.832 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 218, but if it comes below 218, then a intra day sell could be more profitable.
If you take a sell trade below 218, then use 218 as stoploss and 196.42 as target. However if you take a buy trade in stock , then use 218 as stoploss and 243.8 as target.

Share price targets for Panyam Cemen (PanyamCemen)

Target Type Value
Downside Target 83.43
Downside Target 123.86
Downside Target 142.10
Downside Target 162.30
Downside Target 172.15
Downside Target 179.75
Downside Target 186.25
Downside Target 205.50
Downside Target 209.60
Downside Target 213.75
Downside Target 222.35
Downside Target 226.50
Upside Target 235.00

Intraday share price targets for Panyam Cemen (PanyamCemen)

Target Type Value
Downside Intraday Target 223.67
Downside Intraday Target 220.83
Upside Intraday Target 232.17
Upside Intraday Target 237.83
Upside Intraday Target 229.33

Weekly technical analysis of Panyam Cemen (PanyamCemen)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 226.50 226.75 235.00 226.50 0.769 times
03 Fri May 2024 222.35 209.60 222.35 209.60 1.284 times
26 Fri Apr 2024 205.50 189.95 205.50 189.95 3.399 times
19 Fri Apr 2024 186.25 175.55 186.25 175.55 0.448 times
12 Fri Apr 2024 172.15 162.30 172.15 162.30 0.131 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 Panyam Cemen (PanyamCemen)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 226.50 213.75 235.00 213.75 0.285 times
30 Tue Apr 2024 213.75 145.00 213.75 142.10 1.012 times
28 Thu Mar 2024 144.95 183.30 190.65 144.90 0.289 times
29 Thu Feb 2024 179.75 126.30 179.75 126.25 17.294 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 Panyam Cemen (PanyamCemen)

Indicator Name Indicator Value Indicator Signal
ADX 74, 14, 69 Buy
MACD 32, 28Buy
Stochastics 92Buy
CCI 95Sell
RSI 58Buy
OBV 10727Sell
VWAP 218Buy
ADL 0Sell
ROC 17Buy
Force Index 0Sell

Price action analysis of Panyam Cemen ( (PanyamCemen) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Panyam Cemen ( (PanyamCemen) ) based on a short 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.

Price action analysis of Panyam Cemen ( (PanyamCemen) ) based on a short to mid 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.

Price action analysis of Panyam Cemen ( (PanyamCemen) ) 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 Panyam Cemen stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Panyam Cemen in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Panyam Cemen Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Panyam Cemen in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Panyam Cemen is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 218.24 and Panyam Cemen (PanyamCemen) 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 Panyam Cemen (PanyamCemen) stock. Volume based technical analysis of Panyam Cemen (PanyamCemen) stock is negative.

Panyam Cemen Stock is giving positive 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.

Click here for Panyam Cemen charts

Click here for further forecast and predictions for tomorrow

Learn then Earn
Back to top | Use Dark Theme