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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 2024-01-17 View latest technical analysis

10 day averaged volume of Penumbra Inc is 438350

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	257.23	259.00	260.40	253.81	0.436 times
16 Tue Jan 2024	263.06	254.88	266.34	252.73	1.008 times
12 Fri Jan 2024	258.39	258.92	262.53	255.96	1.024 times
12 Fri Jan 2024	258.39	258.92	262.53	255.96	1.024 times
11 Thu Jan 2024	258.15	251.55	258.77	247.89	0.879 times
10 Wed Jan 2024	249.86	246.13	251.96	244.86	0.756 times
09 Tue Jan 2024	245.08	244.43	252.76	242.53	0.829 times
08 Mon Jan 2024	247.32	233.78	249.29	231.89	0.846 times
05 Fri Jan 2024	231.81	228.45	234.63	225.85	0.643 times
04 Thu Jan 2024	231.19	231.40	232.95	227.57	1.854 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 260.7 as stoploss in an intra day sell trade for a target of 251. However, stock will show a bullish move above 260.7.

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
Downside Target	250.56
Downside Target	256.64
Upside Target	262.53
Upside Target	262.77
Upside Target	266.34
Upside Target	302.00

Intraday share price targets for Penumbra Inc (PEN)

Target Type	Value
Downside Intraday Target	251.19
Downside Intraday Target	245.16
Upside Intraday Target	264.8
Upside Intraday Target	272.38
Upside Intraday Target	258.77

Weekly technical analysis of Penumbra Inc (PEN)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	257.23	254.88	266.34	252.73	1.41 times
12 Fri Jan 2024	258.39	258.92	262.53	255.96	0.236 times
12 Fri Jan 2024	258.39	233.78	262.53	231.89	1.018 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

Price has moved down 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
17 Wed Jan 2024	257.23	247.68	266.34	225.85	0.751 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 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 Penumbra Inc (PEN)

Price action analysis of Penumbra Inc ( (PEN) ) 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 Penumbra Inc ( (PEN) ) 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 Penumbra Inc ( (PEN) ) 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Penumbra Inc 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.

Penumbra Inc 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 green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term and selling is picking up 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 248.67 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 rising upwards.

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 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.