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(Promax) Promax complete technical analysis [charts+indicators] | Buy/Sell Promax | (Promax) share price targets

Complete technical analysis of Promax (Promax) by charts plus indicators, forecast predictions and share price targets for Promax (Promax)

Showing technical analysis as on 2024-02-29 View latest technical analysis

10 day averaged volume of Promax is 35000

Date Daily Closing Price Open High Low Volume
29 Thu Feb 2024 159.57 159.57 159.57 159.57 0.071 times
28 Wed Feb 2024 167.96 185.64 185.64 167.96 2 times
27 Tue Feb 2024 176.80 176.80 176.80 176.80 0.071 times
26 Mon Feb 2024 168.39 168.00 168.39 168.00 0.214 times
23 Fri Feb 2024 160.38 159.00 160.38 156.00 0.5 times
22 Thu Feb 2024 152.75 152.77 152.77 146.10 1.357 times
21 Wed Feb 2024 145.50 145.63 145.63 139.00 1.357 times
20 Tue Feb 2024 138.70 138.70 138.70 125.50 3.214 times
19 Mon Feb 2024 132.10 132.10 132.10 132.10 0.214 times
16 Fri Feb 2024 125.81 125.81 125.81 125.81 1 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 157.2, but if it comes below 157.2, then a intra day sell could be more profitable.
If you take a sell trade below 157.2, then use 157.2 as stoploss and 122.43 as target. However if you take a buy trade in stock , then use 157.2 as stoploss and 198.9 as target.

Share price targets for Promax (Promax)

Target Type Value
Downside Target 42.26
Downside Target 45.61
Downside Target 50.60
Downside Target 62.70
Downside Target 64.80
Downside Target 94.11
Downside Target 100.00
Downside Target 125.50
Downside Target 125.81
Downside Target 159.57
Upside Target 160.38
Upside Target 185.64

Intraday share price targets for Promax (Promax)

Target Type Value
Downside Intraday Target 150.88
Downside Intraday Target 142.19
Upside Intraday Target 176.95
Upside Intraday Target 194.33
Upside Intraday Target 168.26

Weekly technical analysis of Promax (Promax)

Date Weekly Closing Price Open High Low Volume
29 Thu Feb 2024 159.57 168.00 185.64 159.57 0.355 times
23 Fri Feb 2024 160.38 132.10 160.38 125.50 1.632 times
16 Fri Feb 2024 125.81 100.00 125.81 100.00 0.432 times
09 Fri Feb 2024 94.11 67.00 94.11 67.00 4 times
02 Fri Feb 2024 64.80 50.61 64.80 50.60 16.5 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Promax (Promax)

Date Monthly Closing Price Open High Low Volume
29 Thu Feb 2024 159.57 52.01 185.64 52.00 8.947 times
30 Tue Jan 2024 54.00 58.00 65.88 50.60 1.81 times
29 Fri Dec 2023 54.15 57.50 65.99 51.20 1.235 times
16 Thu Nov 2023 57.50 45.61 62.70 45.61 1.417 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Promax (Promax)

Price action analysis of Promax ( (Promax) ) based on a short 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 Promax ( (Promax) ) based on a short 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 Promax ( (Promax) ) based on a short to mid 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.

Price action analysis of Promax ( (Promax) ) 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 Promax stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Promax in short term and the buy signal is strong.

Promax Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Promax in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Promax is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 148.09 and Promax (Promax) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Promax (Promax) stock. Volume based technical analysis of Promax (Promax) stock is negative.

Promax Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Promax ( (Promax) ) based on a short 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 Promax ( (Promax) ) based on a short 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 Promax ( (Promax) ) based on a short to mid 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.

Price action analysis of Promax ( (Promax) ) 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 Promax stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Promax in short term and the buy signal is strong.

Promax Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Promax in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Promax is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 148.09 and Promax (Promax) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Promax (Promax) stock. Volume based technical analysis of Promax (Promax) stock is negative.

Promax Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Promax charts

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Daily charts

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