(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 2024-06-21 View latest technical analysis
10 day averaged volume of Promax is 9500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 48.11 | 48.11 | 48.11 | 48.10 | 3.947 times |
| 20 Thu Jun 2024 | 45.82 | 45.82 | 45.82 | 45.82 | 0.526 times |
| 19 Wed Jun 2024 | 43.64 | 41.57 | 43.64 | 41.57 | 2.105 times |
| 18 Tue Jun 2024 | 41.57 | 41.57 | 41.57 | 41.57 | 2.368 times |
| 14 Fri Jun 2024 | 46.05 | 46.05 | 46.05 | 46.05 | 0.263 times |
| 13 Thu Jun 2024 | 46.05 | 46.05 | 46.05 | 46.05 | 0.263 times |
| 12 Wed Jun 2024 | 46.03 | 46.10 | 46.10 | 46.03 | 1.053 times |
| 11 Tue Jun 2024 | 48.45 | 48.45 | 48.45 | 48.45 | 0.526 times |
| 10 Mon Jun 2024 | 50.99 | 48.50 | 51.89 | 48.45 | 1.579 times |
| 07 Fri Jun 2024 | 51.00 | 51.00 | 51.00 | 51.00 | 0.263 times |
Stock of Promax (Promax) has showed a significant upmove. This could be a good time to enter in this stock!
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 45.5 as stoploss in an intra day buy trade for a target of 51.67. However, stock will show a bearish move below 45.5.
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 41.57 |
| Downside Target | 46.03 |
| Downside Target | 48.11 |
| Upside Target | 51.89 |
| Upside Target | 54.55 |
| Upside Target | 58.81 |
| Upside Target | 64.40 |
| 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 | 43.75 |
| Downside Intraday Target | 39.39 |
| Upside Intraday Target | 50.29 |
| Upside Intraday Target | 52.47 |
| Downside Intraday Target | 45.93 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 48.11 | 41.57 | 48.11 | 41.57 | 2.429 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Promax (Promax)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 48.11 | 55.00 | 55.00 | 41.57 | 1.833 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, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Promax (Promax)
Price action analysis of Promax ( (Promax) ) based on a short 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.
Price action analysis of Promax ( (Promax) ) based on a short 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.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY 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
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 46.26 and Promax (Promax) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Promax ( (Promax) ) based on a short 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.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY 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
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 46.26 and Promax (Promax) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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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