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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 2024-05-13 View latest technical analysis

10 day averaged volume of Prem Explosives is 54055

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon May 2024	2263.25	2250.00	2298.40	2150.00	0.503 times
10 Fri May 2024	2230.80	2279.95	2283.95	2138.40	0.723 times
09 Thu May 2024	2252.45	2387.00	2398.80	2217.35	0.741 times
08 Wed May 2024	2306.95	2252.00	2360.10	2190.00	0.456 times
07 Tue May 2024	2277.80	2359.25	2361.35	2200.00	0.637 times
06 Mon May 2024	2341.45	2445.00	2452.25	2300.00	0.883 times
03 Fri May 2024	2431.25	2533.00	2533.00	2326.65	0.931 times
02 Thu May 2024	2491.15	2440.00	2515.05	2433.00	0.769 times
30 Tue Apr 2024	2439.65	2573.25	2573.25	2400.00	1.149 times
29 Mon Apr 2024	2550.85	2724.00	2780.00	2497.30	1.339 times

My analysis of stock is bearish for shortterm, and stock might move down till 2081.7 or till 1827.9. Use a stoploss of 2293.16 and if the stock hits stoploss, then it can shoot up till 2504.66

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	1267.00
Downside Target	1320.05
Downside Target	1501.00
Downside Target	1610.00
Downside Target	1660.00
Downside Target	1832.40
Downside Target	2125.00
Upside Target	2298.40
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	2176.03
Downside Intraday Target	2088.82
Upside Intraday Target	2324.43
Upside Intraday Target	2385.62
Downside Intraday Target	2237.22

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon May 2024	2263.25	2250.00	2298.40	2150.00	0.146 times
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

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
13 Mon May 2024	2263.25	2440.00	2533.00	2138.40	0.088 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 BUY signal in short term but buying is losing 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 2384.54 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.