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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 2024-10-09 View latest technical analysis

10 day averaged volume of Prem Explosives is 82279

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	511.20	501.20	521.75	501.20	1.881 times
08 Tue Oct 2024	496.95	480.00	501.00	465.60	0.85 times
07 Mon Oct 2024	480.50	500.20	507.40	480.00	1.368 times
04 Fri Oct 2024	505.05	511.40	520.00	500.00	0.763 times
03 Thu Oct 2024	509.30	507.20	521.70	501.00	1.058 times
01 Tue Oct 2024	521.90	539.95	539.95	520.00	1.184 times
30 Mon Sep 2024	528.70	531.50	540.00	525.00	1.067 times
27 Fri Sep 2024	531.55	552.90	552.90	525.00	0.929 times
26 Thu Sep 2024	545.00	545.55	554.90	535.55	0.523 times
25 Wed Sep 2024	545.55	555.55	556.00	540.00	0.979 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 57.6 as stoploss in an intra day buy trade for a target of 1524.67. However, stock will show a bearish move below 57.6.

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	465.60
Downside Target	500.00
Upside Target	521.75
Upside Target	539.95
Upside Target	578.80
Upside Target	795.70
Upside Target	846.80
Upside Target	864.00
Upside Target	1501.00
Upside Target	2138.40
Upside Target	2682.00
Upside Target	2780.00
Upside Target	4240.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	477.28
Downside Intraday Target	443.37
Upside Intraday Target	533.43
Upside Intraday Target	555.67
Downside Intraday Target	499.52

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	511.20	500.20	521.75	465.60	1.007 times
04 Fri Oct 2024	505.05	531.50	540.00	500.00	0.7 times
27 Fri Sep 2024	531.55	523.25	578.80	523.25	1.205 times
24 Mon Jun 2024	846.80	846.80	864.00	846.80	0.129 times
21 Fri Jun 2024	891.35	3634.00	4240.00	795.70	2.632 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
09 Wed Oct 2024	511.20	539.95	539.95	465.60	1.032 times
30 Mon Sep 2024	528.70	523.25	578.80	523.25	0.106 times
24 Mon Jun 2024	846.80	2683.25	4240.00	795.70	5.055 times
31 Fri May 2024	2525.65	2440.00	2682.00	2138.40	0.305 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Prem Explosives in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 515.04 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 negative.

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