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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 2024-01-18 View latest technical analysis

10 day averaged volume of Prem Explosives is 47928

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	1566.40	1557.80	1615.00	1527.60	0.753 times
17 Wed Jan 2024	1557.80	1546.85	1572.00	1525.50	0.645 times
16 Tue Jan 2024	1544.30	1583.95	1584.20	1532.00	1.486 times
15 Mon Jan 2024	1584.30	1598.00	1620.00	1547.10	0.782 times
12 Fri Jan 2024	1591.05	1648.00	1650.00	1569.00	0.888 times
11 Thu Jan 2024	1625.20	1580.00	1660.00	1572.05	1.951 times
10 Wed Jan 2024	1572.15	1568.80	1590.00	1546.60	0.536 times
09 Tue Jan 2024	1561.75	1560.00	1582.60	1549.00	0.866 times
08 Mon Jan 2024	1561.10	1587.10	1601.65	1511.00	1.621 times
05 Fri Jan 2024	1574.60	1573.00	1590.00	1531.95	0.506 times

My analysis of stock is bearish for shortterm, and stock might move down till 1553.8 or till 1523.8. Use a stoploss of 1578.83 and if the stock hits stoploss, then it can shoot up till 1603.84

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	1620.00
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	1521.27
Downside Intraday Target	1476.13
Upside Intraday Target	1615.77
Upside Intraday Target	1665.13
Upside Intraday Target	1570.63

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	1566.40	1598.00	1620.00	1525.50	0.625 times
12 Fri Jan 2024	1591.05	1587.10	1660.00	1511.00	2.015 times
05 Fri Jan 2024	1574.60	1588.00	1600.00	1502.10	1.086 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

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
18 Thu Jan 2024	1566.40	1588.00	1660.00	1502.10	0.689 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak 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 buy signal for Prem Explosives in short term but BUY signal is weak.

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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1577.05 and Prem Explosives (PREMEXPLN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 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.