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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 2024-05-17 View latest technical analysis

10 day averaged volume of Prem Explosives is 34672

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri May 2024	2402.25	2420.00	2444.95	2374.00	0.635 times
16 Thu May 2024	2397.70	2444.00	2460.00	2337.95	0.993 times
15 Wed May 2024	2395.30	2385.00	2420.00	2355.00	0.687 times
14 Tue May 2024	2363.60	2296.00	2385.00	2201.00	0.722 times
13 Mon May 2024	2263.25	2250.00	2298.40	2150.00	0.784 times
10 Fri May 2024	2230.80	2279.95	2283.95	2138.40	1.127 times
09 Thu May 2024	2252.45	2387.00	2398.80	2217.35	1.155 times
08 Wed May 2024	2306.95	2252.00	2360.10	2190.00	0.711 times
07 Tue May 2024	2277.80	2359.25	2361.35	2200.00	0.992 times
06 Mon May 2024	2341.45	2445.00	2452.25	2300.00	1.377 times

My analysis of stock is bullish for shortterm, and stock might move up till 2502.3 or till 2647.3. Use a stoploss of 2381.47 and if this stock hits its stoploss, then it can fall down till 2260.63

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
Downside Target	2326.65
Upside Target	2452.25
Upside Target	2460.00
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	2214.83
Downside Intraday Target	2027.42
Upside Intraday Target	2524.83
Upside Intraday Target	2647.42
Downside Intraday Target	2337.42

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri May 2024	2402.25	2250.00	2460.00	2150.00	0.712 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
17 Fri May 2024	2402.25	2440.00	2533.00	2138.40	0.118 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 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 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 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 Strong 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing 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 2316.5 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 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.