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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 2024-07-24 View latest technical analysis

10 day averaged volume of Penumbra Inc is 377880

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	193.22	187.66	194.30	187.66	0.913 times
23 Tue Jul 2024	188.30	192.20	192.20	188.24	1.014 times
22 Mon Jul 2024	192.25	190.95	192.48	184.95	0.549 times
19 Fri Jul 2024	189.87	192.13	192.13	187.29	0.483 times
18 Thu Jul 2024	190.81	202.34	204.29	188.65	1.011 times
17 Wed Jul 2024	203.22	194.73	207.25	193.30	1.779 times
16 Tue Jul 2024	196.75	191.60	198.37	190.88	1.204 times
15 Mon Jul 2024	191.68	190.83	193.58	188.35	1.189 times
12 Fri Jul 2024	190.83	187.44	194.58	187.44	1.032 times
11 Thu Jul 2024	186.29	181.02	186.68	179.75	0.903 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 193.1, but if it comes below 193.1, then a intra day sell could be more profitable.
If you take a sell trade below 193.1, then use 193.1 as stoploss and 185.19 as target. However if you take a buy trade in stock , then use 193.1 as stoploss and 202.6 as target.

Share price targets for Penumbra Inc (PEN)

Target Type	Value
Downside Target	170.59
Downside Target	174.50
Downside Target	181.25
Downside Target	184.95
Upside Target	194.30
Upside Target	198.61
Upside Target	207.25
Upside Target	217.37
Upside Target	220.41
Upside Target	226.27
Upside Target	261.44

Intraday share price targets for Penumbra Inc (PEN)

Target Type	Value
Downside Intraday Target	187.35
Downside Intraday Target	181.47
Upside Intraday Target	196.7
Upside Intraday Target	200.17
Downside Intraday Target	190.82

Weekly technical analysis of Penumbra Inc (PEN)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	193.22	190.95	194.30	184.95	0.437 times
19 Fri Jul 2024	189.87	190.83	207.25	187.29	1.3 times
12 Fri Jul 2024	190.83	181.14	194.58	174.50	5.242 times
05 Fri Jul 2024	181.09	176.32	181.31	175.10	0.472 times
03 Wed Jul 2024	177.42	179.99	181.25	174.50	0.339 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
24 Wed Jul 2024	193.22	179.99	207.25	174.50	0.722 times
28 Fri Jun 2024	179.97	190.38	198.61	170.59	1.086 times
31 Fri May 2024	189.47	196.69	220.41	185.12	1.108 times
30 Tue Apr 2024	196.47	223.18	226.27	196.23	0.847 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Penumbra Inc stock for short term is BUY. Signal strength is Strong and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 193.41 and Penumbra Inc (PEN) stock is trading below this level. This means that stock is falling with high volumes. 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.