(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 2024-04-09 View latest technical analysis
10 day averaged volume of Promax is 22500
Date | Daily Closing Price | Open | High | Low | Volume |
09 Tue Apr 2024 | 71.05 | 72.35 | 72.35 | 71.05 | 0.444 times |
05 Fri Apr 2024 | 137.85 | 140.00 | 141.70 | 129.75 | 2.222 times |
04 Thu Apr 2024 | 136.55 | 130.05 | 136.55 | 130.05 | 0.667 times |
03 Wed Apr 2024 | 130.05 | 128.90 | 130.05 | 128.90 | 0.333 times |
02 Tue Apr 2024 | 125.35 | 123.55 | 130.00 | 123.55 | 3.111 times |
01 Mon Apr 2024 | 130.05 | 130.05 | 130.05 | 130.05 | 0.111 times |
12 Tue Mar 2024 | 136.85 | 136.85 | 136.85 | 136.85 | 0.111 times |
05 Tue Mar 2024 | 144.05 | 144.05 | 144.05 | 144.05 | 0.111 times |
02 Sat Mar 2024 | 151.60 | 151.60 | 151.60 | 151.60 | 0.111 times |
29 Thu Feb 2024 | 159.57 | 159.57 | 159.57 | 159.57 | 0.111 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 91.5, for a target of 118.3 or 140.56
Share price targets for Promax (Promax)
Target Type | Value |
Downside Target | 50.60 |
Downside Target | 65.88 |
Downside Target | 71.05 |
Upside Target | 123.55 |
Upside Target | 136.85 |
Upside Target | 141.70 |
Upside Target | 144.05 |
Upside Target | 151.60 |
Upside Target | 185.64 |
Intraday share price targets for Promax (Promax)
Target Type | Value |
Downside Intraday Target | 70.62 |
Downside Intraday Target | 70.18 |
Upside Intraday Target | 71.92 |
Upside Intraday Target | 72.78 |
Upside Intraday Target | 71.48 |
Weekly technical analysis of Promax (Promax)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Tue Apr 2024 | 71.05 | 72.35 | 72.35 | 71.05 | 0.069 times |
05 Fri Apr 2024 | 137.85 | 130.05 | 141.70 | 123.55 | 58 times |
12 Tue Mar 2024 | 136.85 | 136.85 | 136.85 | 136.85 | 1 times |
05 Tue Mar 2024 | 144.05 | 144.05 | 144.05 | 144.05 | 0.029 times |
02 Sat Mar 2024 | 151.60 | 168.00 | 185.64 | 151.60 | 0.366 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 |
09 Tue Apr 2024 | 71.05 | 130.05 | 141.70 | 71.05 | 20.667 times |
12 Tue Mar 2024 | 136.85 | 151.60 | 151.60 | 136.85 | 0.009 times |
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 |
Scroll below to view daily charts
Price has moved down 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Promax in short term but the sell signal is initial and weak.
Promax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Promax in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 128.52 and Promax (Promax) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Promax (Promax) stock. Volume based technical analysis of Promax (Promax) stock is negative.
Promax Stock has given negative 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Promax in short term but the sell signal is initial and weak.
Promax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Promax in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 128.52 and Promax (Promax) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Promax (Promax) stock. Volume based technical analysis of Promax (Promax) stock is negative.
Promax Stock has given negative 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.
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