(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 2024-06-13 View latest technical analysis
10 day averaged volume of Promax is 9750
Date | Daily Closing Price | Open | High | Low | Volume |
13 Thu Jun 2024 | 46.05 | 46.05 | 46.05 | 46.05 | 0.256 times |
12 Wed Jun 2024 | 46.03 | 46.10 | 46.10 | 46.03 | 1.026 times |
11 Tue Jun 2024 | 48.45 | 48.45 | 48.45 | 48.45 | 0.513 times |
10 Mon Jun 2024 | 50.99 | 48.50 | 51.89 | 48.45 | 1.538 times |
07 Fri Jun 2024 | 51.00 | 51.00 | 51.00 | 51.00 | 0.256 times |
05 Wed Jun 2024 | 51.70 | 46.82 | 51.70 | 46.82 | 1.026 times |
04 Tue Jun 2024 | 49.28 | 50.00 | 50.00 | 49.28 | 1.282 times |
03 Mon Jun 2024 | 51.87 | 55.00 | 55.00 | 51.87 | 2.051 times |
31 Fri May 2024 | 54.60 | 57.42 | 57.42 | 54.55 | 1.795 times |
30 Thu May 2024 | 57.42 | 57.42 | 57.42 | 57.42 | 0.256 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.2, but if it comes above 49.2, then a intra day buy could be more profitable.
If you take a sell trade below 49.2, then use 49.2 as stoploss and 38.5 as target. However if you take a buy trade in stock , then use 49.2 as stoploss and 58.11 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 | 44.09 |
Downside Intraday Target | 42.13 |
Upside Intraday Target | 49.95 |
Upside Intraday Target | 53.85 |
Upside Intraday Target | 47.99 |
Weekly technical analysis of Promax (Promax)
Date | Weekly Closing Price | Open | High | Low | Volume |
13 Thu Jun 2024 | 46.05 | 48.50 | 51.89 | 46.03 | 0.722 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 |
13 Thu Jun 2024 | 46.05 | 55.00 | 55.00 | 46.03 | 0.861 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 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 BUY signal for Promax in short term but the buy signal is initial and weak.
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 moving up
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 51.07 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 BUY signal for Promax in short term but the buy signal is initial and weak.
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 moving up
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 51.07 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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