PRWM Prosperity Weaving Mills Limited

Prosperity Weaving Mills Limited (PRWM) technical analysis

PRWM closed at Rs 58.20 on 16 Oct 2026 (+0.31%). The daily picture is bearish: the price is below 5 of its 6 simple moving averages, MACD is above its signal line and RSI at 39.0 is weak but not oversold. The weekly trend is neutral, while the monthly chart is still strongly bullish. Nearest support is the daily S1 at 56.73, resistance the pivot at 59.29.

Daily

Bearish

6 bullish · 5 neutral · 11 bearish

Weekly

Neutral

9 bullish · 5 neutral · 8 bearish

Monthly

Strongly bullish

14 bullish · 6 neutral · 2 bearish

Details for Daily Weekly Monthly

Oscillators

Bullish

4 bullish · 5 neutral · 1 bearish

Indicator	Value	Reading
RSI (14)	38.98	Neutral
Stochastic %K (14, 3, 3)	1.33	Neutral
Stochastic RSI (14, 3, 3)	100.00	Neutral
CCI (20)	-32.78	Neutral
ADX (14)	18.41	Neutral
Williams %R (14)	-97.50	Bullish
MACD (12, 26, 9)	-1.44	Bullish
Momentum (10)	-0.44	Bullish
Ultimate Oscillator (7, 14, 28)	13.64	Bearish
Bull Bear Power (13)	2.13	Bullish

Moving averages

Strongly bearish

2 bullish · 0 neutral · 10 bearish

Period	Simple		Exponential
MA 10	58.76	Bearish	58.69	Bearish
MA 20	59.39	Bearish	59.71	Bearish
MA 30	60.84	Bearish	60.70	Bearish
MA 50	63.25	Bearish	61.89	Bearish
MA 100	64.46	Bearish	61.44	Bearish
MA 200	55.59	Bullish	57.81	Bullish

Support & resistance

Daily pivots

R3 64.43
R2 63.14
R1 60.58
Pivot 59.29
S1 56.73
S2 55.44
S3 52.88
Close 58.20

Pivot points

Level	Classic	Fibonacci	Camarilla
R3	64.43	63.14	59.08
R2	63.14	61.67	58.73
R1	60.58	60.76	58.37
Pivot	59.29	59.29	59.29
S1	56.73	57.82	57.67
S2	55.44	56.91	57.31
S3	52.88	55.44	56.96

Range & volatility

52-week range

38.2583.90

ATR (14): 3.025.2% of price
Bollinger Bands (20, 2): 56.66 – 62.11
From the 52-week high: -30.6%
Bars analysed: 2,968

Oscillators

Neutral

3 bullish · 5 neutral · 2 bearish

Indicator	Value	Reading
RSI (14)	46.38	Neutral
Stochastic %K (14, 3, 3)	6.00	Neutral
Stochastic RSI (14, 3, 3)	0.00	Bullish
CCI (20)	-124.62	Neutral
ADX (14)	30.43	Bullish
Williams %R (14)	-94.48	Neutral
MACD (12, 26, 9)	1.16	Bearish
Momentum (10)	-9.70	Bullish
Ultimate Oscillator (7, 14, 28)	27.59	Bearish
Bull Bear Power (13)	-4.27	Neutral

Moving averages

Neutral

6 bullish · 0 neutral · 6 bearish

Period	Simple		Exponential
MA 10	62.99	Bearish	61.68	Bearish
MA 20	65.18	Bearish	61.72	Bearish
MA 30	60.42	Bearish	60.18	Bearish
MA 50	54.76	Bullish	56.94	Bullish
MA 100	49.07	Bullish	51.00	Bullish
MA 200	40.56	Bullish	45.68	Bullish

Support & resistance

Weekly pivots

R3 64.83
R2 63.42
R1 60.83
Pivot 59.42
S1 56.83
S2 55.42
S3 52.83
Close 58.20

Pivot points

Level	Classic	Fibonacci	Camarilla
R3	64.83	63.42	59.35
R2	63.42	61.89	58.98
R1	60.83	60.94	58.62
Pivot	59.42	59.42	59.42
S1	56.83	57.89	57.88
S2	55.42	56.94	57.52
S3	52.83	55.42	57.15

Range & volatility

52-week range

38.2583.90

ATR (14): 8.1714.0% of price
Bollinger Bands (20, 2): 54.95 – 75.40
From the 52-week high: -30.6%
Bars analysed: 1,004

Oscillators

Bullish

3 bullish · 6 neutral · 1 bearish

Indicator	Value	Reading
RSI (14)	57.23	Neutral
Stochastic %K (14, 3, 3)	52.73	Neutral
Stochastic RSI (14, 3, 3)	0.00	Bullish
CCI (20)	56.34	Neutral
ADX (14)	31.29	Bullish
Williams %R (14)	-56.30	Neutral
MACD (12, 26, 9)	6.64	Bullish
Momentum (10)	9.27	Bearish
Ultimate Oscillator (7, 14, 28)	47.53	Neutral
Bull Bear Power (13)	7.12	Neutral

Moving averages

Strongly bullish

11 bullish · 0 neutral · 1 bearish

Period	Simple		Exponential
MA 10	56.69	Bullish	58.26	Bearish
MA 20	52.18	Bullish	52.77	Bullish
MA 30	45.21	Bullish	49.15	Bullish
MA 50	39.91	Bullish	45.31	Bullish
MA 100	40.18	Bullish	40.72	Bullish
MA 200	33.56	Bullish	33.47	Bullish

Support & resistance

Monthly pivots

R3 79.82
R2 74.35
R1 67.68
Pivot 62.21
S1 55.54
S2 50.07
S3 43.40
Close 58.20

Pivot points

Level	Classic	Fibonacci	Camarilla
R3	79.82	74.35	64.34
R2	74.35	69.72	63.23
R1	67.68	66.85	62.11
Pivot	62.21	62.21	62.21
S1	55.54	57.58	59.89
S2	50.07	54.71	58.77
S3	43.40	50.07	57.66

Range & volatility

52-week range

38.2583.90

ATR (14): 10.9218.8% of price
Bollinger Bands (20, 2): 32.19 – 72.17
From the 52-week high: -30.6%
Bars analysed: 304

How these readings work

Computed after each close from PRWM's daily prices; weekly and monthly bars are built from them, and days without trading are left out. Each oscillator and moving average gives a bullish, neutral or bearish reading, and the summary weighs them: strongly bullish when clearly more readings are bullish, strongly bearish when clearly more are bearish. Pivot levels come from the previous completed bar. Readings describe the chart; they are not a recommendation. For information purposes only, not investment advice.

Pattern signals for PRWM → PRWM overview and price history →