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(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.

Click here for Promax charts

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Daily charts

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