Permsin Steel Works Public Company Stock Forecast

Buy candidate since Jul 31, 2026

The Permsin Steel Works Public Co Ltd stock price gained 4.17% on the last trading day (Friday, 31st Jul 2026), rising from ฿0.240 to ฿0.250. During the last trading day the stock fluctuated 4.17% from a day low at ฿0.240 to a day high of ฿0.250. The price has risen in 4 of the last 10 days. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 70 thousand more shares were traded than the day before. In total, 164 thousand shares were bought and sold for approximately ฿41.08 thousand.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.02% during the next 3 months and, with a 90% probability hold a price between ฿0.221 and ฿0.269 at the end of this 3-month period.

PERM.BK Signals & Forecast

The Permsin Steel Works Public Co Ltd stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at ฿0.243 and ฿0.244. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, July 13, 2026, and so far it has risen 8.70%. Further rise is indicated until a new top pivot has been found. Permsin Steel Works Public Co Ltd has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Permsin Steel Works Public Co Ltd stock

Permsin Steel Works Public Co Ltd finds support from accumulated volume at ฿0.240 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ฿0.0100 between high and low, or 4.17%. For the last week, the stock has had daily average volatility of 6.01%.

Our recommended stop-loss: ฿0.238 (-4.69%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 12 days ago.)

Trading Expectations (PERM.BK) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect Permsin Steel Works Public Company Limited to open at ฿0.247, and during the day (based on 14 day Average True Range), to move between ฿0.241 and ฿0.259, which gives a possible trading interval of +/-฿0.0179 (+/-7.43%) up or down from last closing price. If Permsin Steel Works Public Company Limited takes out the full calculated possible swing range there will be an estimated 7.43% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at ฿0.260 (4.00%) than the support at ฿0.240 (4.00%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Permsin Steel Works Public Company Limited stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Buy candidate.

Current score: 2.502 Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - ฿0.247 ( 1.33%).

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