(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 2024-05-30 View latest technical analysis
10 day averaged volume of Promax is 12000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 57.42 | 57.42 | 57.42 | 57.42 | 0.208 times |
| 29 Wed May 2024 | 57.42 | 57.42 | 57.42 | 57.42 | 0.208 times |
| 28 Tue May 2024 | 57.42 | 57.42 | 57.42 | 57.42 | 0.208 times |
| 27 Mon May 2024 | 60.44 | 60.44 | 64.40 | 60.44 | 1.042 times |
| 24 Fri May 2024 | 63.62 | 58.81 | 64.99 | 58.81 | 2.292 times |
| 23 Thu May 2024 | 61.90 | 61.90 | 68.40 | 61.90 | 2.083 times |
| 30 Tue Apr 2024 | 65.15 | 65.15 | 65.15 | 65.15 | 0.417 times |
| 25 Thu Apr 2024 | 68.55 | 68.55 | 68.55 | 68.55 | 0.417 times |
| 23 Tue Apr 2024 | 72.15 | 72.15 | 72.15 | 72.15 | 0.417 times |
| 22 Mon Apr 2024 | 75.90 | 74.90 | 75.90 | 74.90 | 1.25 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 53.8 as stoploss in an intra day buy trade for a target of 82.8. However, stock will show a bearish move below 53.8.
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 50.60 |
| Downside Target | 52.00 |
| Downside Target | 57.42 |
| Upside Target | 58.81 |
| 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 | 55.09 |
| Downside Intraday Target | 52.77 |
| Upside Intraday Target | 62.07 |
| Upside Intraday Target | 66.73 |
| Upside Intraday Target | 59.75 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 57.42 | 60.44 | 64.40 | 57.42 | 0.348 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 |
| 30 Thu May 2024 | 57.42 | 61.90 | 68.40 | 57.42 | 0.33 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Promax ( (Promax) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Promax ( (Promax) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 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 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
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 64.89 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Promax ( (Promax) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Promax ( (Promax) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 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 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
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 64.89 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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