(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 2024-06-12 View latest technical analysis
10 day averaged volume of Promax is 9000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 46.03 | 46.10 | 46.10 | 46.03 | 1.111 times |
| 11 Tue Jun 2024 | 48.45 | 48.45 | 48.45 | 48.45 | 0.556 times |
| 10 Mon Jun 2024 | 50.99 | 48.50 | 51.89 | 48.45 | 1.667 times |
| 07 Fri Jun 2024 | 51.00 | 51.00 | 51.00 | 51.00 | 0.278 times |
| 05 Wed Jun 2024 | 51.70 | 46.82 | 51.70 | 46.82 | 1.111 times |
| 04 Tue Jun 2024 | 49.28 | 50.00 | 50.00 | 49.28 | 1.389 times |
| 03 Mon Jun 2024 | 51.87 | 55.00 | 55.00 | 51.87 | 2.222 times |
| 31 Fri May 2024 | 54.60 | 57.42 | 57.42 | 54.55 | 1.944 times |
| 30 Thu May 2024 | 57.42 | 57.42 | 57.42 | 57.42 | 0.278 times |
| 29 Wed May 2024 | 57.42 | 57.42 | 57.42 | 57.42 | 0.278 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.5, but if it comes above 50.5, then a intra day buy could be more profitable.
If you take a sell trade below 50.5, then use 50.5 as stoploss and 40 as target. However if you take a buy trade in stock , then use 50.5 as stoploss and 59.25 as target.
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 46.03 |
| Upside Target | 51.89 |
| Upside Target | 54.55 |
| Upside Target | 58.81 |
| Upside Target | 64.40 |
| Upside Target | 68.40 |
| Upside Target | 68.55 |
| 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 | 44.08 |
| Downside Intraday Target | 42.12 |
| Upside Intraday Target | 49.94 |
| Upside Intraday Target | 53.84 |
| Upside Intraday Target | 47.98 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 46.03 | 48.50 | 51.89 | 46.03 | 0.667 times |
| 07 Fri Jun 2024 | 51.00 | 55.00 | 55.00 | 46.82 | 1.2 times |
| 31 Fri May 2024 | 54.60 | 60.44 | 64.40 | 54.55 | 0.652 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 |
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 |
| 12 Wed Jun 2024 | 46.03 | 55.00 | 55.00 | 46.03 | 0.833 times |
| 31 Fri May 2024 | 54.60 | 61.90 | 68.40 | 54.55 | 0.409 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 |
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 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 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 gaining momentum.
MACD generated a SELL signal for Promax in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 51.36 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 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 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 gaining momentum.
MACD generated a SELL signal for Promax in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 51.36 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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