Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(PAG) Penske Automotive complete technical analysis [charts+indicators] | Buy/Sell Penske Automotive | (PAG) share price targets

Complete technical analysis of Penske Automotive (PAG) by charts plus indicators, forecast predictions and share price targets for Penske Automotive (PAG)

Penske Automotive trades in USA in Consumer Durables sector.

Showing technical analysis as on 2024-01-16 View latest technical analysis

10 day averaged volume of Penske Automotive is 183830

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	150.04	148.54	150.32	146.86	0.944 times
12 Fri Jan 2024	149.17	152.40	152.84	148.25	0.955 times
12 Fri Jan 2024	149.17	152.40	152.84	148.25	0.955 times
11 Thu Jan 2024	151.50	151.10	151.74	148.80	0.954 times
10 Wed Jan 2024	151.84	150.88	151.92	149.80	0.864 times
09 Tue Jan 2024	151.15	150.93	151.59	150.31	0.682 times
08 Mon Jan 2024	152.28	150.76	152.70	149.93	0.78 times
05 Fri Jan 2024	150.58	150.09	152.86	149.31	1.191 times
04 Thu Jan 2024	150.82	152.36	152.50	150.65	1.538 times
03 Wed Jan 2024	153.31	158.38	158.38	153.05	1.282 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 150.8, but if it comes above 150.8, then a intra day buy could be more profitable.
If you take a sell trade below 150.8, then use 150.8 as stoploss and 144.2 as target. However if you take a buy trade in stock , then use 150.8 as stoploss and 156.38 as target.

Share price targets for Penske Automotive (PAG)

Target Type	Value
Downside Target	137.95
Downside Target	146.86
Upside Target	158.35
Upside Target	159.64
Upside Target	161.10
Upside Target	161.66
Upside Target	161.67
Upside Target	164.69
Upside Target	167.86
Upside Target	170.00

Intraday share price targets for Penske Automotive (PAG)

Target Type	Value
Downside Intraday Target	147.83
Downside Intraday Target	145.61
Upside Intraday Target	151.29
Upside Intraday Target	152.53
Downside Intraday Target	149.07

Weekly technical analysis of Penske Automotive (PAG)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	150.04	148.54	150.32	146.86	0.988 times
12 Fri Jan 2024	149.17	152.40	152.84	148.25	0.226 times
12 Fri Jan 2024	149.17	150.76	152.84	148.25	0.881 times
05 Fri Jan 2024	150.58	159.57	161.67	149.31	3.255 times
29 Fri Dec 2023	160.51	160.96	161.66	159.64	0.37 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 Penske Automotive (PAG)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	150.04	159.57	161.67	146.86	0.445 times
29 Fri Dec 2023	160.51	149.53	164.69	148.78	1.058 times
30 Thu Nov 2023	149.30	142.42	161.10	140.70	0.687 times
31 Tue Oct 2023	143.08	166.79	167.86	137.95	0.959 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 Penske Automotive (PAG)

Price action analysis of Penske Automotive ( (PAG) ) 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 Penske Automotive ( (PAG) ) 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 Penske Automotive ( (PAG) ) based on a mid to longer 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.

ADX buy sell signal for Penske Automotive stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Penske Automotive in short term and the sell signal is strong.

Penske Automotive Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Penske Automotive in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Penske Automotive is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 151.01 and Penske Automotive (PAG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Penske Automotive (PAG) stock. Volume based technical analysis of Penske Automotive (PAG) stock is negative.

Penske Automotive 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.