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(PEN) Penumbra Inc complete technical analysis [charts+indicators] | Buy/Sell Penumbra Inc | (PEN) share price targets

Complete technical analysis of Penumbra Inc (PEN) by charts plus indicators, forecast predictions and share price targets for Penumbra Inc (PEN)

Penumbra Inc trades in USA in Health Care sector.

Showing technical analysis as on 2024-01-08 View latest technical analysis

10 day averaged volume of Penumbra Inc is 281480

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	247.32	233.78	249.29	231.89	1.317 times
05 Fri Jan 2024	231.81	228.45	234.63	225.85	1.002 times
04 Thu Jan 2024	231.19	231.40	232.95	227.57	2.887 times
03 Wed Jan 2024	231.69	240.82	241.55	230.92	1.772 times
02 Tue Jan 2024	244.77	247.68	252.54	243.25	0.969 times
29 Fri Dec 2023	251.54	255.03	256.64	250.56	0.52 times
29 Fri Dec 2023	251.54	255.03	256.64	250.56	0.52 times
28 Thu Dec 2023	255.47	259.45	261.80	253.39	0.9 times
27 Wed Dec 2023	260.22	260.37	262.77	258.63	0.376 times
26 Tue Dec 2023	260.14	260.36	262.75	257.94	0.417 times

My analysis of stock is bullish for shortterm, and stock might move up till 257 or till 270. Use a stoploss of 246.07 and if this stock hits its stoploss, then it can fall down till 235.18

Share price targets for Penumbra Inc (PEN)

Target Type	Value
Downside Target	180.93
Downside Target	188.60
Downside Target	217.12
Downside Target	225.85
Downside Target	231.89
Upside Target	249.29
Upside Target	252.54
Upside Target	256.64
Upside Target	261.94
Upside Target	262.77
Upside Target	302.00

Intraday share price targets for Penumbra Inc (PEN)

Target Type	Value
Downside Intraday Target	236.38
Downside Intraday Target	225.43
Upside Intraday Target	253.78
Upside Intraday Target	260.23
Downside Intraday Target	242.83

Weekly technical analysis of Penumbra Inc (PEN)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	247.32	233.78	249.29	231.89	0.199 times
05 Fri Jan 2024	231.81	247.68	252.54	225.85	12.746 times
29 Fri Dec 2023	251.54	255.03	256.64	250.56	0.235 times
29 Fri Dec 2023	251.54	260.36	262.77	250.56	0.465 times
22 Fri Dec 2023	258.58	245.87	261.94	244.06	0.583 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 Penumbra Inc (PEN)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	247.32	247.68	252.54	225.85	0.346 times
29 Fri Dec 2023	251.54	221.94	262.77	217.12	0.58 times
30 Thu Nov 2023	222.09	190.91	236.49	180.93	1.142 times
31 Tue Oct 2023	191.15	240.99	241.03	188.60	1.241 times

Scroll below to view daily charts

Price has moved down 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 Penumbra Inc (PEN)

Price action analysis of Penumbra Inc ( (PEN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Penumbra Inc ( (PEN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Penumbra Inc ( (PEN) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Penumbra Inc ( (PEN) ) 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 Penumbra Inc stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Penumbra Inc in short term but the sell signal is initial and weak.

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

Penumbra Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Penumbra Inc in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Penumbra Inc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 240.73 and Penumbra Inc (PEN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Penumbra Inc (PEN) stock. Volume based technical analysis of Penumbra Inc (PEN) stock is negative.

Penumbra Inc Stock has given negative 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.