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RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of PREMIER.NS
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Premier Limited stock price ended at ₹3.70 on Friday, after losing 0%.
(Updated on May 17, 2024)

Buy or Hold candidate since Apr 24, 2024 Gain 1.37% PDF

No changes to the price of Premier Limited stock on the last trading day (Friday, 17th May 2024). During the last trading day the stock fluctuated 0% from a day low at ₹3.70 to a day high of ₹3.70. The price has been going up and down for this period, and there has been a -9.76% loss for the last 2 weeks.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 35.90% during the next 3 months and, with a 90% probability hold a price between ₹4.54 and ₹5.94 at the end of this 3-month period.

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PREMIER.NS Signals & Forecast

The Premier Limited stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately ₹3.76. On a fall, the stock will find some support from the long-term average at approximately ₹3.63. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Monday, May 13, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation

Support, Risk & Stop-loss for Premier Limited stock

On the downside, the stock finds support just below today's level from accumulated volume at ₹3.00 and ₹2.95. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Premier Limited finds support just below today's level at ₹3.00. If this is broken, then the next support from accumulated volume will be at ₹2.95 and ₹2.90.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved ₹0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: ₹3.48 (-6.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 4 days ago.)

Trading Expectations (PREMIER.NS) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect Premier Limited to open at ₹3.70, and during the day (based on 14 day Average True Range), to move between ₹3.61 and ₹3.79, which gives a possible trading interval of +/-₹0.0864 (+/-2.34%) up or down from last closing price. If Premier Limited takes out the full calculated possible swing range there will be an estimated 4.67% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at ₹3.80 (2.70%) than the support at ₹3.00 (18.92%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Premier Limited stock A Buy?

Premier Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Premier Limited of Monday, May 20, 2024

Fair opening price May 20, 2024 Current price
₹3.70 ( 0.00000000%) ₹3.70

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PREMIER.NS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 3.70 0.00000000 %
R2 3.70 0.00000000 %
R1 3.70 0.00000000 %
Current price: 3.70
Support S1 3.70 0.00000000 %
S2 3.70 0.00000000 %
S3 3.70 0.00000000 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 4.10 10.81 %
R2 3.95 6.76 %
R1 3.80 2.70 %
Current price 3.70
Support S1 3.00 -18.92%
S2 2.95 -20.27%
S3 2.90 -21.62%

PREMIER Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 07, 2014 Aug 28, 2014 Oct 12, 2014 ₹3.00 4.72%
2 Apr 30, 2013 May 31, 2013 Jul 14, 2013 ₹4.00 6.67%
3 Apr 25, 2012 Aug 10, 2012 Sep 23, 2012 ₹3.00 4.44%
4 Apr 21, 2011 May 30, 2011 Jul 11, 2011 ₹2.70 2.97%
5 Apr 29, 2010 Aug 18, 2010 Sep 29, 2010 ₹2.70 2.07%

FAQ

What is the symbol for Premier Limited Stock and on which exchange is it traded?
The symbol for Premier Limited is PREMIER.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell Premier Limited Stock?
Premier Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Premier Limited Stock?
Premier Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Premier Limited Stock.

What's the current price of Premier Limited Stock?
As of the end of day on the May 17, 2024, the price of an Premier Limited (PREMIER.NS) share was ₹3.70.

What is the 52-week high and low for Premier Limited Stock?
The 52-week high for Premier Limited Stock is ₹4.40 and the 52-week low is ₹1.85.

What is the market capitalization of Premier Limited Stock?
As of the May 17, 2024, the market capitalization of Premier Limited is 124.224M.
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About Premier Limited

Premier Limited Premier Limited engages in the engineering and automotive businesses in India and internationally. It provides manufactures mechanical components for the wind energy, infrastructure, and power generation sectors. The company also offers large and heavy duty CNC machines, such as CNC gear hobbings, shaping and shaving machines, CNC gear tooth chamfering and rounding machines, vertical turnmill centers, vertical and horizontal machining centers, an... PREMIER.NS Profile

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