(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)
Showing technical analysis as on 2024-03-21 View latest technical analysis
10 day averaged volume of Prem Somani is 47
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 21.76 | 22.20 | 22.20 | 21.76 | 2.34 times |
| 20 Wed Mar 2024 | 22.20 | 22.20 | 22.20 | 22.20 | 0.596 times |
| 19 Tue Mar 2024 | 22.11 | 22.12 | 22.12 | 22.11 | 6.404 times |
| 18 Mon Mar 2024 | 22.12 | 22.12 | 22.12 | 22.12 | 0.383 times |
| 15 Fri Mar 2024 | 22.12 | 22.12 | 22.12 | 22.12 | 0.872 times |
| 14 Thu Mar 2024 | 22.12 | 22.12 | 22.12 | 22.12 | 0.021 times |
| 12 Tue Mar 2024 | 22.57 | 23.03 | 23.03 | 22.57 | 0.106 times |
| 11 Mon Mar 2024 | 23.03 | 23.03 | 23.03 | 23.03 | 0.426 times |
| 07 Thu Mar 2024 | 23.03 | 23.03 | 23.03 | 23.03 | 0.085 times |
| 06 Wed Mar 2024 | 23.03 | 23.03 | 23.03 | 23.03 | 1.106 times |
Stock of Prem Somani (PremSomani) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 20.8 or till 19.4. Use a stoploss of 22.04 and if the stock hits stoploss, then it can shoot up till 23.24
Share price targets for Prem Somani (PremSomani)
| Target Type | Value |
| Downside Target | 11.89 |
| Downside Target | 12.90 |
| Downside Target | 14.10 |
| Downside Target | 15.12 |
| Downside Target | 19.10 |
| Downside Target | 21.05 |
| Downside Target | 21.76 |
| Upside Target | 22.75 |
| Upside Target | 23.03 |
| 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 | 21.61 |
| Downside Intraday Target | 21.47 |
| Upside Intraday Target | 22.05 |
| Upside Intraday Target | 22.35 |
| Upside Intraday Target | 21.91 |
Weekly technical analysis of Prem Somani (PremSomani)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 21.76 | 22.12 | 22.20 | 21.76 | 6.821 times |
| 15 Fri Mar 2024 | 22.12 | 23.03 | 23.03 | 22.12 | 1.136 times |
| 07 Thu Mar 2024 | 23.03 | 23.50 | 23.50 | 23.03 | 0.004 times |
| 01 Fri Mar 2024 | 23.50 | 21.05 | 23.66 | 21.05 | 1.237 times |
| 23 Fri Feb 2024 | 20.05 | 22.75 | 22.75 | 19.10 | 60.653 times |
Price has moved down 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 |
| 21 Thu Mar 2024 | 21.76 | 23.66 | 23.66 | 21.76 | 0.179 times |
| 29 Thu Feb 2024 | 23.20 | 23.11 | 29.00 | 19.10 | 0.805 times |
| 31 Wed Jan 2024 | 23.11 | 14.99 | 24.50 | 14.10 | 4.61 times |
| 29 Fri Dec 2023 | 15.00 | 15.00 | 15.25 | 12.90 | 0.587 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 Somani (PremSomani)
Price action analysis of Prem Somani ( (PremSomani) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Prem Somani ( (PremSomani) ) 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 Somani ( (PremSomani) ) based on a short to mid 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 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 Somani stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Prem Somani in short term but the sell signal is initial and weak.
Prem Somani 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 in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Prem Somani 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
Stock of Prem Somani is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.17 and Prem Somani (PremSomani) 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 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.
Price action analysis of Prem Somani ( (PremSomani) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Prem Somani ( (PremSomani) ) 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 Somani ( (PremSomani) ) based on a short to mid 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 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 Somani stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Prem Somani in short term but the sell signal is initial and weak.
Prem Somani 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 in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Prem Somani 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
Stock of Prem Somani is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.17 and Prem Somani (PremSomani) 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 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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