(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 762
Date | Daily Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 22.25 | 22.29 | 22.29 | 22.25 | 0.344 times |
16 Thu May 2024 | 21.85 | 21.90 | 21.90 | 21.85 | 0.661 times |
15 Wed May 2024 | 22.35 | 23.50 | 23.50 | 21.38 | 3.106 times |
14 Tue May 2024 | 22.50 | 21.99 | 22.50 | 21.99 | 0.168 times |
13 Mon May 2024 | 21.99 | 21.00 | 22.00 | 21.00 | 2.992 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21.5, but if it comes below 21.5, then a intra day sell could be more profitable.
If you take a sell trade below 21.5, then use 21.5 as stoploss and 20.28 as target. However if you take a buy trade in stock , then use 21.5 as stoploss and 23.1 as target.
Share price targets for Prem Somani (PremSomani)
Target Type | Value |
Downside Target | 14.10 |
Downside Target | 17.90 |
Downside Target | 19.10 |
Downside Target | 20.00 |
Downside Target | 21.00 |
Downside Target | 21.35 |
Downside Target | 21.89 |
Upside Target | 23.50 |
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 | 21 |
Downside Intraday Target | 19.75 |
Upside Intraday Target | 23.5 |
Upside Intraday Target | 24.75 |
Downside Intraday Target | 22.25 |
Weekly technical analysis of Prem Somani (PremSomani)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 22.25 | 21.00 | 23.50 | 21.00 | 2.682 times |
10 Fri May 2024 | 21.00 | 19.48 | 21.89 | 19.44 | 1.002 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Prem Somani (PremSomani)
Date | Monthly Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 22.25 | 19.97 | 23.50 | 19.44 | 0.334 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 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 Somani (PremSomani)
Indicator Name | Indicator Value | Indicator Signal |
ADX | 42, 16, 45 | Buy |
MACD | 1, 0 | Buy |
Stochastics | 69 | None |
CCI | 76 | Buy |
RSI | 57 | Buy |
OBV | 22957 | Sell |
VWAP | 22 | Buy |
ADL | 0 | Sell |
ROC | 12 | Buy |
Force Index | 0 | Sell |
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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Prem Somani 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 Somani 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 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 21.81 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 rising upwards.
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 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.
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