(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 2024-05-27 View latest technical analysis
10 day averaged volume of Promax is 11750
Date | Daily Closing Price | Open | High | Low | Volume |
27 Mon May 2024 | 60.44 | 60.44 | 64.40 | 60.44 | 1.064 times |
24 Fri May 2024 | 63.62 | 58.81 | 64.99 | 58.81 | 2.34 times |
23 Thu May 2024 | 61.90 | 61.90 | 68.40 | 61.90 | 2.128 times |
30 Tue Apr 2024 | 65.15 | 65.15 | 65.15 | 65.15 | 0.426 times |
25 Thu Apr 2024 | 68.55 | 68.55 | 68.55 | 68.55 | 0.426 times |
23 Tue Apr 2024 | 72.15 | 72.15 | 72.15 | 72.15 | 0.426 times |
22 Mon Apr 2024 | 75.90 | 74.90 | 75.90 | 74.90 | 1.277 times |
19 Fri Apr 2024 | 72.30 | 70.00 | 72.30 | 70.00 | 1.702 times |
15 Mon Apr 2024 | 68.90 | 68.90 | 68.90 | 68.90 | 0.426 times |
12 Fri Apr 2024 | 72.50 | 72.50 | 72.50 | 72.50 | 0.426 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 62, but if it comes above 62, then a intra day buy could be more profitable.
If you take a sell trade below 62, then use 62 as stoploss and 21.4 as target. However if you take a buy trade in stock , then use 62 as stoploss and 95.82 as target.
Share price targets for Promax (Promax)
Target Type | Value |
Downside Target | 50.60 |
Downside Target | 52.00 |
Downside Target | 58.81 |
Downside Target | 60.44 |
Upside Target | 64.40 |
Upside Target | 68.40 |
Upside Target | 71.05 |
Upside Target | 72.50 |
Upside Target | 75.90 |
Upside Target | 136.85 |
Upside Target | 141.70 |
Upside Target | 151.60 |
Upside Target | 185.64 |
Intraday share price targets for Promax (Promax)
Target Type | Value |
Downside Intraday Target | 59.12 |
Downside Intraday Target | 57.8 |
Upside Intraday Target | 63.08 |
Upside Intraday Target | 65.72 |
Upside Intraday Target | 61.76 |
Weekly technical analysis of Promax (Promax)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Mon May 2024 | 60.44 | 60.44 | 64.40 | 60.44 | 0.217 times |
24 Fri May 2024 | 63.62 | 65.15 | 68.40 | 58.81 | 2.3 times |
25 Thu Apr 2024 | 68.55 | 74.90 | 75.90 | 68.55 | 1 times |
19 Fri Apr 2024 | 72.30 | 68.90 | 72.30 | 68.90 | 1.25 times |
12 Fri Apr 2024 | 72.50 | 72.35 | 72.50 | 71.05 | 0.138 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 |
27 Mon May 2024 | 60.44 | 61.90 | 68.40 | 58.81 | 0.295 times |
30 Tue Apr 2024 | 65.15 | 130.05 | 141.70 | 65.15 | 29.333 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 |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Promax (Promax)
Price action analysis of Promax ( (Promax) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Promax ( (Promax) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Promax ( (Promax) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 losing momentum.
MACD generated a SELL signal for Promax in short term and the sell signal is strong.
Promax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Promax is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 66.99 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 negative.
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Promax ( (Promax) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Promax ( (Promax) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 losing momentum.
MACD generated a SELL signal for Promax in short term and the sell signal is strong.
Promax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Promax is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 66.99 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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