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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 2024-05-10 View latest technical analysis

10 day averaged volume of Prem Explosives is 63567

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri May 2024	2230.80	2279.95	2283.95	2138.40	0.615 times
09 Thu May 2024	2252.45	2387.00	2398.80	2217.35	0.63 times
08 Wed May 2024	2306.95	2252.00	2360.10	2190.00	0.388 times
07 Tue May 2024	2277.80	2359.25	2361.35	2200.00	0.541 times
06 Mon May 2024	2341.45	2445.00	2452.25	2300.00	0.751 times
03 Fri May 2024	2431.25	2533.00	2533.00	2326.65	0.791 times
02 Thu May 2024	2491.15	2440.00	2515.05	2433.00	0.654 times
30 Tue Apr 2024	2439.65	2573.25	2573.25	2400.00	0.977 times
29 Mon Apr 2024	2550.85	2724.00	2780.00	2497.30	1.139 times
26 Fri Apr 2024	2620.05	2530.05	2727.70	2530.05	2.017 times

My analysis of stock is bearish for shortterm, and stock might move down till 2051.2 or till 1780.7. Use a stoploss of 2276.73 and if the stock hits stoploss, then it can shoot up till 2502.21

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	1267.00
Downside Target	1320.05
Downside Target	1501.00
Downside Target	1596.25
Downside Target	1660.00
Downside Target	1832.40
Downside Target	2004.80
Downside Target	2125.00
Upside Target	2326.65
Upside Target	2452.25
Upside Target	2533.00
Upside Target	2727.70
Upside Target	2780.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	2095.38
Downside Intraday Target	1959.97
Upside Intraday Target	2409.23
Upside Intraday Target	2587.67
Upside Intraday Target	2273.82

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri May 2024	2230.80	2445.00	2452.25	2138.40	0.822 times
03 Fri May 2024	2431.25	2724.00	2780.00	2326.65	0.19 times
26 Fri Apr 2024	2620.05	2183.80	2727.70	2165.00	1.666 times
19 Fri Apr 2024	2085.70	1877.35	2125.00	1832.40	0.594 times
12 Fri Apr 2024	1896.35	1616.00	2004.80	1596.25	5.023 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
10 Fri May 2024	2230.80	2440.00	2533.00	2138.40	0.08 times
30 Tue Apr 2024	2439.65	1536.95	2780.00	1501.00	3.002 times
28 Thu Mar 2024	1521.70	1496.95	1689.00	1320.05	0.997 times
29 Thu Feb 2024	1489.35	1414.25	1610.00	1336.50	0.842 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 BUY. Signal strength is Weak and stock is losing momentum.

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

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Prem Explosives in short term and SELL 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 2446.5 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.