(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 2024-06-24 View latest technical analysis
10 day averaged volume of Promax is 12250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 48.11 | 48.11 | 48.11 | 48.10 | 3.061 times |
| 21 Fri Jun 2024 | 48.11 | 48.11 | 48.11 | 48.10 | 3.061 times |
| 20 Thu Jun 2024 | 45.82 | 45.82 | 45.82 | 45.82 | 0.408 times |
| 19 Wed Jun 2024 | 43.64 | 41.57 | 43.64 | 41.57 | 1.633 times |
| 18 Tue Jun 2024 | 41.57 | 41.57 | 41.57 | 41.57 | 1.837 times |
| 14 Fri Jun 2024 | 46.05 | 46.05 | 46.05 | 46.05 | 0.204 times |
| 13 Thu Jun 2024 | 46.05 | 46.05 | 46.05 | 46.05 | 0.204 times |
| 12 Wed Jun 2024 | 46.03 | 46.10 | 46.10 | 46.03 | 0.816 times |
| 11 Tue Jun 2024 | 48.45 | 48.45 | 48.45 | 48.45 | 0.408 times |
| 10 Mon Jun 2024 | 50.99 | 48.50 | 51.89 | 48.45 | 1.224 times |
Stock of Promax (Promax) has showed a significant fall. This could be a good time to exit from 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 45.3 as stoploss in an intra day buy trade for a target of 50.98. However, stock will show a bearish move below 45.3.
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 41.57 |
| Downside Target | 46.03 |
| Downside Target | 48.10 |
| Upside Target | 51.89 |
| Upside Target | 54.55 |
| 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 | 48.1 |
| Downside Intraday Target | 48.1 |
| Downside Intraday Target | 48.11 |
| Upside Intraday Target | 48.12 |
| Downside Intraday Target | 48.11 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 48.11 | 48.11 | 48.11 | 48.10 | 0.441 times |
| 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 |
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 |
| 24 Mon Jun 2024 | 48.11 | 55.00 | 55.00 | 41.57 | 2.25 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. Bulls 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
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 46.62 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. Bulls 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
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 46.62 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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