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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 2024-05-30 View latest technical analysis

10 day averaged volume of Prem Explosives is 43040

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	2493.05	2523.15	2682.00	2365.65	3.824 times
29 Wed May 2024	2523.15	2536.25	2577.50	2501.00	0.746 times
28 Tue May 2024	2517.45	2627.00	2638.95	2489.00	1.122 times
27 Mon May 2024	2593.25	2540.00	2636.00	2535.00	1.759 times
24 Fri May 2024	2543.70	2478.00	2626.00	2397.15	1.99 times
23 Thu May 2024	2469.80	2465.00	2497.00	2428.00	0.576 times
22 Wed May 2024	2448.05	2519.00	2525.00	2394.00	0.837 times
21 Tue May 2024	2490.65	2524.00	2541.00	2465.00	1.211 times
18 Sat May 2024	2477.60	2449.90	2487.00	2427.65	0.446 times
17 Fri May 2024	2402.25	2420.00	2444.95	2374.00	0.512 times

Stock of Prem Explosives (PREMEXPLN) has showed a significant fall. This could be a good time to exit from this stock.

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 2514.2 as stoploss in an intra day sell trade for a target of 2410.98. However, stock will show a bullish move above 2514.2.

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	2452.25
Downside Target	2487.00
Upside Target	2626.00
Upside Target	2682.00
Upside Target	2780.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	2345.13
Downside Intraday Target	2197.22
Upside Intraday Target	2661.48
Upside Intraday Target	2829.92
Upside Intraday Target	2513.57

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	2493.05	2540.00	2682.00	2365.65	1.615 times
24 Fri May 2024	2543.70	2524.00	2626.00	2394.00	1.309 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Prem Explosives (PREMEXPLN)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Thu May 2024	2493.05	2440.00	2682.00	2138.40	0.273 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 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 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 SELL. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a SELL signal for Prem Explosives in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Prem Explosives is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2509.91 and Prem Explosives (PREMEXPLN) stock is trading below this level. This means that stock is falling with high volumes. 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.