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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 2024-02-27 View latest technical analysis

10 day averaged volume of Prem Explosives is 64596

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	1549.60	1526.10	1573.95	1515.00	0.68 times
26 Mon Feb 2024	1534.00	1577.50	1577.50	1503.00	0.678 times
23 Fri Feb 2024	1579.20	1530.00	1610.00	1515.10	2.654 times
22 Thu Feb 2024	1528.40	1437.30	1540.00	1392.30	1.904 times
21 Wed Feb 2024	1430.15	1438.00	1494.45	1420.00	0.472 times
20 Tue Feb 2024	1433.35	1454.90	1454.90	1414.05	0.258 times
19 Mon Feb 2024	1447.65	1472.95	1482.40	1435.00	0.265 times
16 Fri Feb 2024	1472.65	1487.35	1490.00	1463.60	1.314 times
15 Thu Feb 2024	1465.35	1404.00	1503.00	1391.00	1.743 times
14 Wed Feb 2024	1392.90	1400.00	1417.60	1377.00	0.237 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1576.1, for a target of 1500.6 or 1437.78

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	943.15
Downside Target	1094.00
Downside Target	1181.25
Downside Target	1267.00
Downside Target	1336.50
Downside Target	1436.00
Downside Target	1482.80
Downside Target	1546.10
Upside Target	1577.50
Upside Target	1610.00
Upside Target	1660.00
Upside Target	1669.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	1509.23
Downside Intraday Target	1468.87
Upside Intraday Target	1583.73
Upside Intraday Target	1617.87
Downside Intraday Target	1543.37

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	1549.60	1577.50	1577.50	1503.00	0.245 times
23 Fri Feb 2024	1579.20	1472.95	1610.00	1392.30	1.237 times
16 Fri Feb 2024	1472.65	1427.00	1503.00	1367.90	1.319 times
09 Fri Feb 2024	1402.05	1413.30	1436.00	1352.35	0.879 times
02 Fri Feb 2024	1402.85	1479.00	1482.80	1336.50	0.396 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
27 Tue Feb 2024	1549.60	1414.25	1610.00	1336.50	0.776 times
31 Wed Jan 2024	1393.40	1588.00	1660.00	1267.00	1.595 times
29 Fri Dec 2023	1588.00	1444.00	1669.00	1376.65	0.995 times
30 Thu Nov 2023	1424.10	1240.55	1546.10	1181.25	0.475 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 BUY signal for Prem Explosives in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 1513.26 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 negative.

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