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(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 2024-01-29 View latest technical analysis

10 day averaged volume of Penske Automotive is 141540

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	155.97	153.51	156.13	152.53	0.829 times
26 Fri Jan 2024	153.32	153.78	154.12	152.54	0.552 times
25 Thu Jan 2024	152.77	152.25	152.89	150.81	1.07 times
24 Wed Jan 2024	150.83	154.43	155.05	149.90	0.958 times
23 Tue Jan 2024	152.39	155.78	155.78	152.33	1.011 times
22 Mon Jan 2024	154.03	152.32	155.40	152.32	0.871 times
19 Fri Jan 2024	151.45	151.29	153.09	149.41	0.875 times
18 Thu Jan 2024	151.33	151.10	152.27	150.20	0.976 times
17 Wed Jan 2024	150.28	149.10	150.48	148.98	1.219 times
16 Tue Jan 2024	150.04	148.54	150.32	146.86	1.226 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 154.6, but if it comes below 154.6, then a intra day sell could be more profitable.
If you take a sell trade below 154.6, then use 154.6 as stoploss and 152.14 as target. However if you take a buy trade in stock , then use 154.6 as stoploss and 157.6 as target.

Share price targets for Penske Automotive (PAG)

Target Type	Value
Downside Target	137.95
Downside Target	146.86
Downside Target	153.09
Downside Target	155.78
Upside Target	156.13
Upside Target	158.35
Upside Target	161.10
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	153.62
Downside Intraday Target	151.28
Upside Intraday Target	157.22
Upside Intraday Target	158.48
Downside Intraday Target	154.88

Weekly technical analysis of Penske Automotive (PAG)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	155.97	153.51	156.13	152.53	0.186 times
26 Fri Jan 2024	153.32	152.32	155.78	149.90	1.039 times
19 Fri Jan 2024	151.45	148.54	153.09	146.86	3.463 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

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
29 Mon Jan 2024	155.97	159.57	161.67	146.86	0.707 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Penske Automotive ( (PAG) ) 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 Penske Automotive ( (PAG) ) 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 Penske Automotive ( (PAG) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

MACD generated a BUY signal for Penske Automotive in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Penske Automotive Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Penske Automotive in short term and BUY signal is strong.

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

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 152.03 and Penske Automotive (PAG) 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 Penske Automotive (PAG) stock. Volume based technical analysis of Penske Automotive (PAG) stock is negative.

Penske Automotive Stock is giving positive 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.