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(PREMEXPLN) Prem Explosives complete technical analysis [charts+indicators] | Buy/Sell Prem Explosives | (PREMEXPLN) share price targets

Complete technical analysis of Prem Explosives (PREMEXPLN) by charts plus indicators, forecast predictions and share price targets for Prem Explosives (PREMEXPLN)

Prem Explosives trades in NSE in Specialty Chemicals sector.

Showing technical analysis as on 2024-01-03 View latest technical analysis

10 day averaged volume of Prem Explosives is 33462

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Jan 2024	1551.75	1549.00	1571.85	1502.10	0.689 times
02 Tue Jan 2024	1539.75	1569.20	1599.95	1532.30	0.931 times
01 Mon Jan 2024	1560.65	1588.00	1600.00	1531.00	0.794 times
29 Fri Dec 2023	1588.00	1610.00	1610.00	1562.05	1.453 times
28 Thu Dec 2023	1616.60	1621.00	1641.00	1600.25	0.413 times
27 Wed Dec 2023	1612.10	1624.20	1657.25	1605.00	0.537 times
26 Tue Dec 2023	1612.90	1609.05	1660.00	1590.00	1.434 times
22 Fri Dec 2023	1603.20	1614.00	1633.25	1575.00	0.766 times
21 Thu Dec 2023	1595.85	1525.05	1608.80	1495.00	1.179 times
20 Wed Dec 2023	1525.10	1632.00	1639.90	1505.00	1.725 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1543.7 as stoploss in an intra day buy trade for a target of 1580.37. However, stock will show a bearish move below 1543.7.

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	430.05
Downside Target	943.15
Downside Target	1010.25
Downside Target	1094.00
Downside Target	1181.25
Downside Target	1376.65
Downside Target	1495.00
Upside Target	1600.00
Upside Target	1611.45
Upside Target	1649.90
Upside Target	1660.00
Upside Target	1669.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	1502.57
Downside Intraday Target	1453.38
Upside Intraday Target	1600.47
Upside Intraday Target	1649.18
Downside Intraday Target	1551.28

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Jan 2024	1551.75	1588.00	1600.00	1502.10	0.629 times
29 Fri Dec 2023	1588.00	1609.05	1660.00	1562.05	0.728 times
22 Fri Dec 2023	1603.20	1633.95	1649.90	1495.00	0.881 times
15 Fri Dec 2023	1618.75	1590.80	1669.00	1524.30	0.602 times
08 Fri Dec 2023	1576.15	1420.00	1611.45	1403.25	3.071 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 Prem Explosives (PREMEXPLN)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Wed Jan 2024	1551.75	1588.00	1600.00	1502.10	0.093 times
29 Fri Dec 2023	1588.00	1444.00	1669.00	1376.65	0.995 times
30 Thu Nov 2023	1424.10	1240.55	1546.10	1181.25	0.475 times
14 Mon Aug 2023	1020.10	1005.00	1094.00	943.15	0.255 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 Prem Explosives (PREMEXPLN)

Price action analysis of Prem Explosives ( (PREMEXPLN) ) 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 Prem Explosives ( (PREMEXPLN) ) based on a short to mid 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 Prem Explosives ( (PREMEXPLN) ) 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 Prem Explosives stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Prem Explosives in short term but the sell signal is initial and weak.

Prem Explosives Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Prem Explosives in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Prem Explosives is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1576.03 and Prem Explosives (PREMEXPLN) 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 Prem Explosives (PREMEXPLN) stock. Volume based technical analysis of Prem Explosives (PREMEXPLN) stock is negative.

Prem Explosives Stock has given negative 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.