Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-18 View latest technical analysis

10 day averaged volume of Prem Explosives is 84996

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	1442.30	1425.00	1473.85	1425.00	0.289 times
15 Fri Mar 2024	1400.65	1419.25	1420.80	1370.00	0.18 times
14 Thu Mar 2024	1414.45	1339.00	1448.00	1320.05	0.353 times
13 Wed Mar 2024	1339.00	1405.00	1496.00	1331.00	0.605 times
12 Tue Mar 2024	1402.80	1443.00	1451.50	1385.00	0.476 times
11 Mon Mar 2024	1437.35	1496.80	1496.80	1425.10	0.467 times
07 Thu Mar 2024	1484.20	1499.00	1535.90	1470.00	0.487 times
06 Wed Mar 2024	1494.55	1569.45	1569.45	1465.00	0.825 times
05 Tue Mar 2024	1538.95	1655.80	1665.00	1511.10	1.123 times
04 Mon Mar 2024	1647.40	1562.20	1689.00	1532.85	5.396 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 1414.3 as stoploss in an intra day buy trade for a target of 1487.08. However, stock will show a bearish move below 1414.3.

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	1181.25
Downside Target	1267.00
Downside Target	1320.05
Downside Target	1376.65
Downside Target	1425.00
Upside Target	1465.00
Upside Target	1546.10
Upside Target	1604.00
Upside Target	1610.00
Upside Target	1660.00
Upside Target	1669.00
Upside Target	1689.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	1420.25
Downside Intraday Target	1398.2
Upside Intraday Target	1469.1
Upside Intraday Target	1495.9
Upside Intraday Target	1447.05

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	1442.30	1425.00	1473.85	1425.00	0.139 times
15 Fri Mar 2024	1400.65	1496.80	1496.80	1320.05	0.266 times
07 Thu Mar 2024	1484.20	1562.20	1689.00	1465.00	2.424 times
02 Sat Mar 2024	1554.25	1577.50	1604.00	1474.45	0.766 times
23 Fri Feb 2024	1579.20	1472.95	1610.00	1392.30	1.237 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
18 Mon Mar 2024	1442.30	1496.95	1689.00	1320.05	0.828 times
29 Thu Feb 2024	1489.35	1414.25	1610.00	1336.50	0.842 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

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 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 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 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 Weak and stock is losing 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1557.78 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.