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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 2024-02-08 View latest technical analysis

10 day averaged volume of Prem Explosives is 95924

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	1419.25	1401.60	1425.00	1390.30	0.288 times
07 Wed Feb 2024	1400.95	1400.00	1436.00	1376.70	0.431 times
06 Tue Feb 2024	1363.95	1391.40	1391.40	1353.00	0.35 times
05 Mon Feb 2024	1384.40	1413.30	1415.00	1352.35	0.486 times
02 Fri Feb 2024	1402.85	1364.75	1450.00	1350.90	0.512 times
01 Thu Feb 2024	1347.65	1414.25	1427.00	1336.50	0.673 times
31 Wed Jan 2024	1393.40	1459.85	1459.85	1387.05	0.464 times
30 Tue Jan 2024	1438.30	1469.25	1472.15	1420.10	0.374 times
29 Mon Jan 2024	1449.70	1479.00	1482.80	1420.00	0.585 times
25 Thu Jan 2024	1429.35	1374.00	1449.95	1267.00	2.782 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 1388.7 as stoploss in an intra day buy trade for a target of 1478.06. However, stock will show a bearish move below 1388.7.

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	943.15
Downside Target	1094.00
Downside Target	1181.25
Downside Target	1267.00
Downside Target	1336.50
Upside Target	1436.00
Upside Target	1482.80
Upside Target	1546.10
Upside Target	1590.40
Upside Target	1620.00
Upside Target	1660.00
Upside Target	1669.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	1369.07
Downside Intraday Target	1318.88
Upside Intraday Target	1452.72
Upside Intraday Target	1486.18
Downside Intraday Target	1402.53

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	1419.25	1413.30	1436.00	1352.35	0.596 times
02 Fri Feb 2024	1402.85	1479.00	1482.80	1336.50	0.396 times
25 Thu Jan 2024	1429.35	1580.00	1590.40	1267.00	3.331 times
19 Fri Jan 2024	1570.00	1598.00	1620.00	1525.50	0.676 times
12 Fri Jan 2024	1591.05	1587.10	1660.00	1511.00	2.015 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 Prem Explosives (PREMEXPLN)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	1419.25	1414.25	1450.00	1336.50	0.191 times
31 Wed Jan 2024	1393.40	1588.00	1660.00	1267.00	1.595 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

Scroll below to view daily charts

Price has moved up 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 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 Prem Explosives ( (PREMEXPLN) ) 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 Prem Explosives ( (PREMEXPLN) ) based on a short to mid 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 mid to longer 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.

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 and the sell signal is strong.

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

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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Prem Explosives in short term and BUY 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 1410.65 and Prem Explosives (PREMEXPLN) 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 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 negative.

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