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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 2024-02-21 View latest technical analysis

10 day averaged volume of Prem Explosives is 46326

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	1430.15	1438.00	1494.45	1420.00	0.657 times
20 Tue Feb 2024	1433.35	1454.90	1454.90	1414.05	0.359 times
19 Mon Feb 2024	1447.65	1472.95	1482.40	1435.00	0.369 times
16 Fri Feb 2024	1472.65	1487.35	1490.00	1463.60	1.833 times
15 Thu Feb 2024	1465.35	1404.00	1503.00	1391.00	2.43 times
14 Wed Feb 2024	1392.90	1400.00	1417.60	1377.00	0.331 times
13 Tue Feb 2024	1400.30	1425.10	1444.95	1367.90	0.662 times
12 Mon Feb 2024	1407.50	1427.00	1457.50	1390.05	1.003 times
09 Fri Feb 2024	1402.05	1429.90	1429.90	1374.20	1.524 times
08 Thu Feb 2024	1419.25	1401.60	1425.00	1390.30	0.597 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1445.1 as stoploss in an intra day sell trade for a target of 1413.28. However, stock will show a bullish move above 1445.1.

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
Downside Target	1414.05
Upside Target	1482.80
Upside Target	1503.00
Upside Target	1546.10
Upside Target	1590.40
Upside Target	1660.00
Upside Target	1669.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	1397.98
Downside Intraday Target	1365.82
Upside Intraday Target	1478.38
Upside Intraday Target	1526.62
Upside Intraday Target	1446.22

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	1430.15	1472.95	1494.45	1414.05	0.221 times
16 Fri Feb 2024	1472.65	1427.00	1503.00	1367.90	1.319 times
09 Fri Feb 2024	1402.05	1413.30	1436.00	1352.35	0.879 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

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
21 Wed Feb 2024	1430.15	1414.25	1503.00	1336.50	0.499 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Prem Explosives ( (PREMEXPLN) ) based on a short 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 Prem Explosives ( (PREMEXPLN) ) 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Prem Explosives in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 1437 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 negative.

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