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(PremSomani) Prem Somani complete technical analysis [charts+indicators] | Buy/Sell Prem Somani | (PremSomani) share price targets

Complete technical analysis of Prem Somani (PremSomani) by charts plus indicators, forecast predictions and share price targets for Prem Somani (PremSomani)

10 day averaged volume of Prem Somani is 1336

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 19.97 19.83 20.39 19.83 0.012 times
06 Mon May 2024 19.44 19.48 19.48 19.44 0.012 times
03 Fri May 2024 19.48 19.70 19.70 19.48 0.007 times
02 Thu May 2024 19.78 19.97 19.97 19.78 0.429 times
30 Tue Apr 2024 19.99 18.20 19.99 18.20 0.976 times

My analysis of stock is bullish for shortterm, and stock might move up till 20.9 or till 22. Use a stoploss of 19.94 and if this stock hits its stoploss, then it can fall down till 19.01

Share price targets for Prem Somani (PremSomani)

Target Type Value
Downside Target 14.10
Downside Target 17.90
Downside Target 19.10
Upside Target 20.00
Upside Target 20.39
Upside Target 21.34
Upside Target 21.35
Upside Target 23.66
Upside Target 24.50
Upside Target 29.00

Intraday share price targets for Prem Somani (PremSomani)

Target Type Value
Downside Intraday Target 19.48
Downside Intraday Target 18.98
Upside Intraday Target 20.43
Upside Intraday Target 20.88
Downside Intraday Target 19.93

Weekly technical analysis of Prem Somani (PremSomani)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 19.97 19.48 20.39 19.44 0.016 times
03 Fri May 2024 19.48 20.00 20.00 18.20 0.095 times
26 Fri Apr 2024 20.00 20.13 20.13 18.18 20.593 times
19 Fri Apr 2024 19.18 20.24 20.24 17.90 9.354 times
10 Wed Apr 2024 20.24 20.91 21.34 20.24 1.395 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 Somani (PremSomani)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 19.97 19.97 20.39 19.44 0.025 times
30 Tue Apr 2024 19.99 20.93 21.34 17.90 4.208 times
22 Fri Mar 2024 21.35 23.66 23.66 21.35 0.183 times
29 Thu Feb 2024 23.20 23.11 29.00 19.10 0.805 times

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 Somani (PremSomani)

Indicator Name Indicator Value Indicator Signal
ADX 27, 39, 17 Sell
MACD -1, -1Buy
Stochastics 72Buy
CCI 191Buy
RSI 58Buy
OBV 20822Sell
VWAP 20Buy
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Prem Somani ( (PremSomani) ) 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 Somani ( (PremSomani) ) 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 Somani ( (PremSomani) ) based on a short to mid 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 Somani ( (PremSomani) ) 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 Somani stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Prem Somani 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 Somani 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Prem Somani 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Prem Somani is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 19.9 and Prem Somani (PremSomani) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Prem Somani (PremSomani) stock. Volume based technical analysis of Prem Somani (PremSomani) stock is negative.

Prem Somani 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.

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