Long Term Trend: Weak
AI Indicator Strength: 30.0%
StockPREMIERENE
Current Price₹906.00
Short Term Trend
Consolidating Sideways
Trend: Weak
¼ Long Term Trend Structure
- Price below EMA20, EMA50, EMA200
- Momentum aligned with structure
RSI: Neutral-Bullish
📊 Momentum (RSI)
- RSI: 44.87
- Mild positive bias
MACD: Strong Bearish
¼ MACD Observation
- Strong negative MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Neutral-Bullish
- Trend → Weak
📊 PREMIERENE Stock Strength & Risk Analysis
✅ Positive Factors
- RSI at 44.87 indicates healthy neutral momentum.
❌ Risk Factors
- Price trading below major moving averages reflects weak structure.
- Short term momentum remains bearish.
📌 Market Outlook
Weak momentum may continue unless price reclaims resistance zones.
🎯 Technical Indicators: Support & Resistance
🟢 Support Zones
₹853.60
₹845.06
₹836.53
🔴 Resistance Zones
₹1036.30
₹1046.66
₹1057.03
PREMIERENE Price Action: Immediate buying interest for PREMIERENE has historically emerged around the ₹853.6 mark. If the stock faces selling pressure, this zone acts as the first line of defense. Conversely, the primary hurdle for an upward rally is positioned at ₹1036.30. Breaking past this resistance could signal a fresh leg of bullish momentum.
📊 Fibonacci Retracement
| Level | Value |
|---|
| 23.6% | 837.08 |
| 38.2% | 942.36 |
| 50.0% | 1027.45 |
| 61.8% | 1112.54 |
| 78.6% | 1233.68 |
Structural Pullbacks: With PREMIERENE trading in the upper half of its 52-week range, upper support floors like the 23.6% level at ₹837.08 act as immediate breakout retest zones. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where PREMIERENE might find fresh buying interest.
📈 Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 898.31 | SMA5 | 900.60 |
| EMA9 | 897.99 | SMA9 | 890.34 |
| EMA20 | 912.75 | SMA20 | 902.79 |
| EMA50 | 954.49 | SMA50 | 971.52 |
| EMA100 | 973.29 | SMA100 | 1012.12 |
| EMA200 | 971.21 | SMA200 | 931.50 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Neutral-Bullish: +1 🟢
🟢
• Price < EMA20 (Short-term Bearish): -1 🔴
🔴
• EMA20 < EMA50 (Medium Downtrend): -1 🔴
🔴
• Price < EMA200 (Long-term Bearish): -1 🔴
🔴
• MACD Strong Bearish: -2 🔴
🔴
• Total Score: -4
🔴
• Confidence Score: 30.00%
🔴
Total Score: -4
Technical Indicator Strength: 30.0%
- Weak alignment in behavior
- AI Confidence Score: 30.0%
👉 Market appears weak-to-sideways with mild downside pressure
📊 MACD Backtested Signals (Historical)
| Date |
Signal |
Close |
T+1 Open |
T+1 High |
T+1 Low |
T+1 Change |
T+5 High |
T+5 Low |
T+5 Change |
Strength |
Confidence |
Strategy |
| 2026-09-02 |
Bearish |
1000.00 |
1004.80 |
1013.20 |
995.10 |
0.97% |
0.84 |
1013.2 |
972.00% |
2.80 |
1.32 |
85.99 59.08 Success |
| 2026-08-31 |
Bullish |
1036.30 |
1023.10 |
1028.80 |
1011.10 |
0.56% |
1.17 |
1028.8 |
987.00% |
-0.72 |
4.76 |
42.88 34.91 Success |
| 2026-08-26 |
Bearish |
1005.00 |
1003.00 |
1020.00 |
985.10 |
1.78% |
1.69 |
1036.3 |
973.00% |
3.18 |
3.11 |
66.88 63.84 Success |
| 2026-08-21 |
Bullish |
1053.00 |
1052.90 |
1060.90 |
1023.50 |
0.76% |
2.79 |
1060.9 |
973.00% |
0.75 |
7.60 |
32.74 49.26 Success |
| 2026-08-14 |
Bearish |
1017.30 |
1021.00 |
1027.80 |
1013.00 |
0.78% |
0.67 |
1072.4 |
1002.00% |
1.50 |
5.42 |
25.25 42.63 Success |
| 2026-08-07 |
Bullish |
1047.20 |
1052.00 |
1058.30 |
1038.90 |
0.60% |
1.25 |
1058.3 |
1015.00% |
1.06 |
3.07 |
82.19 53.59 Success |
| 2026-07-21 |
Bearish |
1048.40 |
1045.00 |
1048.40 |
1007.20 |
3.62% |
0.33 |
1048.4 |
1007.20% |
3.93 |
0.00 |
100.00 76.41 Success |
| 2026-07-10 |
Bullish |
1117.20 |
1114.90 |
1119.80 |
1098.10 |
0.44% |
1.51 |
1119.8 |
1076.60% |
0.23 |
3.63 |
100.00 57.82 Success |
| 2026-06-11 |
Bearish |
1058.00 |
1070.00 |
1084.70 |
1025.40 |
4.17% |
1.37 |
1084.7 |
1020.10% |
3.58 |
2.52 |
8.68 50.08 Success |
| 2026-05-27 |
Bullish |
1054.70 |
1046.00 |
1046.00 |
1046.00 |
0.00% |
0.00 |
1095.7 |
1030.50% |
3.89 |
2.29 |
26.14 40.81 No Trade |
| 2026-04-23 |
Bearish |
1000.70 |
990.00 |
1032.00 |
956.55 |
3.38% |
4.24 |
1047.0 |
956.55% |
4.41 |
4.63 |
100.00 92.14 Success |
| 2026-03-11 |
Bullish |
788.10 |
781.05 |
794.35 |
767.25 |
1.70% |
1.77 |
876.0 |
767.25% |
11.15 |
2.65 |
100.00 93.80 Success |
| 2026-02-25 |
Bearish |
729.40 |
734.00 |
741.60 |
713.95 |
2.73% |
1.04 |
741.6 |
691.00% |
5.26 |
1.67 |
3.33 48.38 Success |
| 2026-01-20 |
Bullish |
732.65 |
732.60 |
740.15 |
708.35 |
1.03% |
3.31 |
758.2 |
675.20% |
3.49 |
7.84 |
84.80 75.28 Success |
| 2025-12-30 |
Bearish |
852.05 |
880.00 |
881.50 |
840.00 |
4.55% |
0.17 |
881.5 |
748.20% |
12.19 |
3.46 |
66.52 91.81 Success |
| 2025-12-16 |
Bullish |
911.10 |
909.85 |
919.40 |
898.50 |
1.05% |
1.25 |
919.4 |
877.60% |
0.91 |
3.68 |
33.07 37.39 Success |
| 2025-11-04 |
Bearish |
1041.80 |
1039.90 |
1039.90 |
1000.00 |
3.84% |
0.00 |
1068.0 |
992.50% |
4.73 |
2.51 |
100.00 91.78 Success |
| 2025-10-14 |
Bullish |
1057.00 |
1061.00 |
1080.00 |
1049.00 |
1.79% |
1.13 |
1080.0 |
1025.30% |
2.18 |
3.00 |
100.00 71.23 Success |
| 2025-09-23 |
Bearish |
1012.35 |
1012.00 |
1066.90 |
1008.80 |
0.32% |
5.42 |
1066.9 |
1006.25% |
0.60 |
5.39 |
68.42 52.95 Success |
| 2025-08-20 |
Bullish |
1037.50 |
1036.90 |
1055.00 |
1015.80 |
1.75% |
2.03 |
1055.0 |
981.30% |
1.69 |
5.42 |
100.00 78.50 Success |
Interpreting Historical MACD Data: The table above presents backtested historical performance of MACD crossover signals for PREMIERENE. By analyzing past T+1 to T+5 day price movements following a MACD buy or sell signal, traders can gauge the historical reliability and expected volatility of the current signal.