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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 2024-05-23 View latest technical analysis

10 day averaged volume of Prem Explosives is 31901

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu May 2024	2469.80	2465.00	2497.00	2428.00	0.777 times
22 Wed May 2024	2448.05	2519.00	2525.00	2394.00	1.13 times
21 Tue May 2024	2490.65	2524.00	2541.00	2465.00	1.634 times
18 Sat May 2024	2477.60	2449.90	2487.00	2427.65	0.602 times
17 Fri May 2024	2402.25	2420.00	2444.95	2374.00	0.69 times
16 Thu May 2024	2397.70	2444.00	2460.00	2337.95	1.079 times
15 Wed May 2024	2395.30	2385.00	2420.00	2355.00	0.746 times
14 Tue May 2024	2363.60	2296.00	2385.00	2201.00	0.784 times
13 Mon May 2024	2263.25	2250.00	2298.40	2150.00	0.852 times
10 Fri May 2024	2230.80	2279.95	2283.95	2138.40	1.225 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 2510.3 as stoploss in an intra day sell trade for a target of 2407.7. However, stock will show a bullish move above 2510.3.

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	2138.40
Downside Target	2326.65
Downside Target	2394.00
Downside Target	2452.25
Upside Target	2541.00
Upside Target	2727.70
Upside Target	2780.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	2395.53
Downside Intraday Target	2321.27
Upside Intraday Target	2542.53
Upside Intraday Target	2615.27
Downside Intraday Target	2468.27

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu May 2024	2469.80	2524.00	2541.00	2394.00	0.745 times
18 Sat May 2024	2477.60	2250.00	2487.00	2150.00	0.816 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

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
23 Thu May 2024	2469.80	2440.00	2541.00	2138.40	0.156 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 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 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 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 2394.39 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 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 positive

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