Advertisement

Ads Placeholder
Loading...

Prima Plastics Limited

PRIMAPLA.BO•BSE
Consumer Cyclical
Furnishings, Fixtures & Appliances
₹108.54
₹14.42(15.32%)
Indian Market opens in 42h 40m

Prima Plastics Limited (PRIMAPLA.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Prima Plastics Limited (BSE:PRIMAPLA.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PRIMAPLA.BO Technical Analysis Summary

Prima Plastics Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 51.70)
Trend Strength:Strong (ADX: 33.79)
Volatility:High (ATR: 7.37)
Support/Resistance:$92.49 – $118.76 (Bollinger Bands)

Overall, Prima Plastics Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 51.70

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 35.86

Bearish
Momentum remains weak below midpoint.

Williams %R: -22.49

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -3.05

Bearish
Selling pressure outweighs buying.

Takeaway:Prima Plastics Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -4.50

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 33.79

Strong
Strong trend, momentum well established.

ATR (14): 7.37

High
High volatility, wide price fluctuations.

CCI (14): 29.52

Bullish
Bullish, momentum building upward.

Takeaway:Prima Plastics Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$118.76
Middle Band (SMA 20)
$105.63
Lower Band
$92.49
Current Position
Within Bands

Takeaway:Prima Plastics Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$119.79
Middle Line (EMA 20)
$105.06
Lower Channel
$90.33
Squeeze Status
Squeeze On

Takeaway:Prima Plastics Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-44.75K
Money Flow Index53.18Neutral, balanced money flows with no clear signal.
Relative Vigor Index50.11Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:PRIMAPLA.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Prima Plastics Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Prima Plastics Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ