Overall Technical outlook

Price Summary

With a 3.03% jump, Punjab National Bank enjoyed a stellar day in the stock market.
On 2025-05-30, Punjab National Bank's stock started at 102.71, soared to 106.25, dropped to 101.1, and finished the day 3.03% up at 105.82, with a trading volume of 60659676 shares.
Over the course of 52 weeks, the stock peaked at 137.0 and hit a low of 86.9.
PNB's future price is expected to lie between 80.0 and 140.0, with an average expectation of 109.4375, as per the recommendations of 16 analysts.

Technicals

Support and Resistance: At 105.82, the price is held up by support at 101.76 and faces resistance at 106.4 for PNB. This suggests a trading range where 101.76 provides a base and 106.4 limits upward movement.
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Support/Resistance for PNB


Aroon: The Aroon indicator shows a continued bullish trend, with Aroon Up staying at the 100 level. This sustained strength suggests a strong upward momentum. However, further analysis is required, especially when combined with other indicators, to confirm the trend's durability and potential future direction.
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Aroon chart for Punjab National Bank


Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for PNB. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
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Bolinger Bands chart for Punjab National Bank


Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum.
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Parabolic Stop and Reverse chart for Punjab National Bank


Stochastic: The stochastic indicator signals a bullish outlook, with the K-line above the D-line and the 80 threshold. This configuration points to strong upward momentum, implying that the market may continue to rise. Investors might see this as a positive indication of potential upward movement.
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Stochastic chart for Punjab National Bank


Tripple Moving Agerage: The alignment of the 20, 50, and 100 period moving averages indicates a bearish trend, with continued downward momentum. However, the slower SMAs appear to be losing steam, which may suggest a potential pivot. This weakening in the bearish trend could be an early indication that the market is preparing to shift towards a bullish direction, with a possible reversal on the horizon.
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Tripple SMA chart for Punjab National Bank


When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.