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 2024-08-30 View latest technical analysis

10 day averaged volume of Penske Automotive is 124120

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	170.10	170.49	171.00	168.64	1.068 times
30 Fri Aug 2024	170.10	170.49	171.00	168.64	1.068 times
29 Thu Aug 2024	169.48	169.45	170.55	166.65	1.379 times
28 Wed Aug 2024	168.20	168.01	168.76	166.96	0.777 times
27 Tue Aug 2024	168.29	167.97	169.25	167.30	0.831 times
26 Mon Aug 2024	168.78	169.93	171.85	168.75	1.134 times
23 Fri Aug 2024	169.47	166.58	170.57	165.98	0.91 times
22 Thu Aug 2024	165.33	167.23	167.23	164.97	1.027 times
21 Wed Aug 2024	167.32	165.87	168.47	164.69	0.917 times
20 Tue Aug 2024	164.25	164.50	165.32	163.31	1.199 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 168.8, but if it comes below 168.8, then a intra day sell could be more profitable.
If you take a sell trade below 168.8, then use 168.8 as stoploss and 165.38 as target. However if you take a buy trade in stock , then use 168.8 as stoploss and 172.8 as target.

Share price targets for Penske Automotive (PAG)

Target Type	Value
Downside Target	142.32
Downside Target	153.91
Downside Target	164.56
Downside Target	166.65
Downside Target	168.20
Downside Target	168.64
Upside Target	170.57
Upside Target	171.00
Upside Target	171.85
Upside Target	174.32
Upside Target	179.72

Intraday share price targets for Penske Automotive (PAG)

Target Type	Value
Downside Intraday Target	168.83
Downside Intraday Target	167.55
Upside Intraday Target	171.19
Upside Intraday Target	172.27
Downside Intraday Target	169.91

Weekly technical analysis of Penske Automotive (PAG)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	170.10	170.49	171.00	168.64	0.206 times
30 Fri Aug 2024	170.10	169.93	171.85	166.65	1.079 times
23 Fri Aug 2024	169.47	165.44	170.57	163.31	0.706 times
16 Fri Aug 2024	165.44	162.00	168.20	159.12	0.946 times
09 Fri Aug 2024	161.77	158.54	164.34	156.70	0.527 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 Penske Automotive (PAG)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	170.10	172.11	174.32	156.70	0.953 times
31 Wed Jul 2024	174.11	149.15	179.72	143.15	1.073 times
28 Fri Jun 2024	149.02	152.97	153.91	142.32	1.003 times
31 Fri May 2024	152.10	152.35	164.56	145.70	0.795 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Penske Automotive ( (PAG) ) 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 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 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.

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

MACD generated a BUY signal for Penske Automotive 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.

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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Penske Automotive in short term

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 168.12 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 positive

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