(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 2024-06-20 View latest technical analysis
10 day averaged volume of Promax is 10250
Date | Daily Closing Price | Open | High | Low | Volume |
20 Thu Jun 2024 | 45.82 | 45.82 | 45.82 | 45.82 | 0.488 times |
19 Wed Jun 2024 | 43.64 | 41.57 | 43.64 | 41.57 | 1.951 times |
18 Tue Jun 2024 | 41.57 | 41.57 | 41.57 | 41.57 | 2.195 times |
14 Fri Jun 2024 | 46.05 | 46.05 | 46.05 | 46.05 | 0.244 times |
13 Thu Jun 2024 | 46.05 | 46.05 | 46.05 | 46.05 | 0.244 times |
12 Wed Jun 2024 | 46.03 | 46.10 | 46.10 | 46.03 | 0.976 times |
11 Tue Jun 2024 | 48.45 | 48.45 | 48.45 | 48.45 | 0.488 times |
10 Mon Jun 2024 | 50.99 | 48.50 | 51.89 | 48.45 | 1.463 times |
07 Fri Jun 2024 | 51.00 | 51.00 | 51.00 | 51.00 | 0.244 times |
05 Wed Jun 2024 | 51.70 | 46.82 | 51.70 | 46.82 | 0.976 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 45.8 as stoploss in an intra day buy trade for a target of 52.52. However, stock will show a bearish move below 45.8.
Share price targets for Promax (Promax)
Target Type | Value |
Downside Target | 41.57 |
Downside Target | 45.82 |
Upside Target | 51.89 |
Upside Target | 54.55 |
Upside Target | 58.81 |
Upside Target | 64.40 |
Upside Target | 65.15 |
Upside Target | 68.40 |
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 | 42.99 |
Downside Intraday Target | 40.15 |
Upside Intraday Target | 47.24 |
Upside Intraday Target | 48.65 |
Downside Intraday Target | 44.4 |
Weekly technical analysis of Promax (Promax)
Date | Weekly Closing Price | Open | High | Low | Volume |
20 Thu Jun 2024 | 45.82 | 41.57 | 45.82 | 41.57 | 1.357 times |
14 Fri Jun 2024 | 46.05 | 48.50 | 51.89 | 46.03 | 0.778 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 |
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 |
20 Thu Jun 2024 | 45.82 | 55.00 | 55.00 | 41.57 | 1.417 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Promax ( (Promax) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Promax in short term but BUY signal is weak.
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
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 46.1 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Promax ( (Promax) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Promax in short term but BUY signal is weak.
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
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 46.1 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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