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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 2024-10-23 View latest technical analysis

10 day averaged volume of Prem Explosives is 95728

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	461.05	475.00	479.00	451.35	1.493 times
22 Tue Oct 2024	475.10	499.95	504.90	475.10	1.5 times
21 Mon Oct 2024	500.10	504.05	511.20	495.35	0.717 times
18 Fri Oct 2024	509.70	508.30	520.00	490.20	0.605 times
17 Thu Oct 2024	504.00	516.65	520.00	493.60	0.905 times
16 Wed Oct 2024	516.10	523.90	535.00	511.55	0.714 times
15 Tue Oct 2024	519.90	528.95	529.00	515.00	0.925 times
14 Mon Oct 2024	525.55	533.60	549.45	512.35	1.35 times
11 Fri Oct 2024	524.15	526.00	535.00	517.15	0.949 times
10 Thu Oct 2024	522.95	521.75	530.00	515.00	0.719 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 465.2, for a target of 490.6 or 511.72

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	451.35
Upside Target	465.60
Upside Target	490.20
Upside Target	500.00
Upside Target	511.20
Upside Target	523.25
Upside Target	535.00
Upside Target	578.80
Upside Target	795.70
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	437.87
Downside Intraday Target	414.68
Upside Intraday Target	497.72
Upside Intraday Target	534.38
Upside Intraday Target	474.53

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	461.05	504.05	511.20	451.35	0.825 times
18 Fri Oct 2024	509.70	533.60	549.45	490.20	0.867 times
11 Fri Oct 2024	524.15	500.20	535.00	465.60	1.483 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

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 Wed Oct 2024	461.05	539.95	549.45	451.35	2.701 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, and volume has increased substantially. This means that the move can 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 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 gaining momentum.

MACD generated a BUY signal for Prem Explosives in short term but the buy signal is initial and weak.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Prem Explosives in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 501.81 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.