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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 2024-02-13 View latest technical analysis

10 day averaged volume of Penumbra Inc is 215120

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	264.75	262.43	270.57	261.41	0.894 times
12 Mon Feb 2024	270.01	272.29	272.92	267.70	0.711 times
09 Fri Feb 2024	273.04	272.87	273.28	267.41	1.075 times
08 Thu Feb 2024	272.34	262.61	272.53	262.45	1.548 times
07 Wed Feb 2024	265.06	259.49	265.87	257.96	1.045 times
06 Tue Feb 2024	258.60	255.98	260.02	254.21	1.304 times
05 Mon Feb 2024	255.03	250.88	255.37	249.25	0.672 times
02 Fri Feb 2024	252.01	253.72	253.84	250.92	0.605 times
01 Thu Feb 2024	254.36	253.00	254.55	247.81	1.201 times
31 Wed Jan 2024	252.19	251.96	258.44	251.51	1.268 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 264.7, but if it comes below 264.7, then a intra day sell could be more profitable.
If you take a sell trade below 264.7, then use 264.7 as stoploss and 257.09 as target. However if you take a buy trade in stock , then use 264.7 as stoploss and 273.8 as target.

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	236.49
Downside Target	247.81
Downside Target	258.15
Downside Target	262.77
Upside Target	266.34
Upside Target	272.92
Upside Target	273.28

Intraday share price targets for Penumbra Inc (PEN)

Target Type	Value
Downside Intraday Target	259.8
Downside Intraday Target	254.85
Upside Intraday Target	271.31
Upside Intraday Target	277.87
Upside Intraday Target	266.36

Weekly technical analysis of Penumbra Inc (PEN)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	264.75	272.29	272.92	261.41	0.284 times
09 Fri Feb 2024	273.04	250.88	273.28	249.25	1.255 times
02 Fri Feb 2024	252.01	251.09	258.44	247.81	0.773 times
26 Fri Jan 2024	252.37	251.63	258.15	241.87	1.153 times
19 Fri Jan 2024	250.31	254.88	266.34	248.68	2.419 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
13 Tue Feb 2024	264.75	253.00	273.28	247.81	0.273 times
31 Wed Jan 2024	252.19	247.68	266.34	225.85	1.105 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

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 Weak and stock is losing momentum.

MACD generated a BUY signal for Penumbra Inc in short term and the buy signal is strong.

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 262.24 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.