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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 2024-04-01 View latest technical analysis

10 day averaged volume of Penumbra Inc is 479410

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	217.39	223.18	224.20	215.34	0.638 times
28 Thu Mar 2024	223.18	226.07	228.43	222.71	0.808 times
27 Wed Mar 2024	226.38	222.97	227.13	222.42	0.969 times
26 Tue Mar 2024	220.87	225.25	225.25	218.46	1.938 times
25 Mon Mar 2024	220.09	225.73	227.58	217.37	1.05 times
22 Fri Mar 2024	224.74	227.47	227.47	220.74	0.684 times
21 Thu Mar 2024	227.56	237.15	238.56	227.09	0.64 times
20 Wed Mar 2024	236.38	237.83	238.54	232.12	0.709 times
19 Tue Mar 2024	238.96	234.92	240.40	233.76	0.801 times
18 Mon Mar 2024	234.36	225.14	235.56	222.60	0.752 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 222.9, but if it comes above 222.9, then a intra day buy could be more profitable.
If you take a sell trade below 222.9, then use 222.9 as stoploss and 209 as target. However if you take a buy trade in stock , then use 222.9 as stoploss and 234.44 as target.

Share price targets for Penumbra Inc (PEN)

Target Type	Value
Downside Target	215.34
Upside Target	228.43
Upside Target	236.67
Upside Target	240.40
Upside Target	246.48
Upside Target	261.44
Upside Target	262.77
Upside Target	266.34
Upside Target	277.34

Intraday share price targets for Penumbra Inc (PEN)

Target Type	Value
Downside Intraday Target	213.75
Downside Intraday Target	210.12
Upside Intraday Target	222.61
Upside Intraday Target	227.84
Upside Intraday Target	218.98

Weekly technical analysis of Penumbra Inc (PEN)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	217.39	223.18	224.20	215.34	0.134 times
28 Thu Mar 2024	223.18	225.73	228.43	217.37	1.329 times
22 Fri Mar 2024	224.74	225.14	240.40	220.74	0.905 times
15 Fri Mar 2024	222.15	243.20	246.48	220.82	1.215 times
08 Fri Mar 2024	244.54	236.67	261.44	236.67	0.61 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
01 Mon Apr 2024	217.39	223.18	224.20	215.34	0.039 times
28 Thu Mar 2024	223.18	234.72	261.44	217.37	1.047 times
29 Thu Feb 2024	234.92	253.00	277.34	224.03	1.037 times
31 Wed Jan 2024	252.19	247.68	266.34	225.85	1.105 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Penumbra Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Penumbra Inc in short term and SELL signal is strong!

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 226.07 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.