(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 2024-07-11 View latest technical analysis
10 day averaged volume of Promax is 11750
Date | Daily Closing Price | Open | High | Low | Volume |
11 Thu Jul 2024 | 46.49 | 46.40 | 46.49 | 45.04 | 1.489 times |
10 Wed Jul 2024 | 47.41 | 47.42 | 47.42 | 47.41 | 0.426 times |
09 Tue Jul 2024 | 49.90 | 48.70 | 49.90 | 48.65 | 0.851 times |
08 Mon Jul 2024 | 51.21 | 51.30 | 51.30 | 51.21 | 0.638 times |
05 Fri Jul 2024 | 53.90 | 52.37 | 53.90 | 51.67 | 0.638 times |
04 Thu Jul 2024 | 53.99 | 52.00 | 53.99 | 52.00 | 0.638 times |
03 Wed Jul 2024 | 52.12 | 51.99 | 52.12 | 51.99 | 0.638 times |
02 Tue Jul 2024 | 49.64 | 50.20 | 50.20 | 49.64 | 0.851 times |
01 Mon Jul 2024 | 52.25 | 52.25 | 52.30 | 52.25 | 1.702 times |
28 Fri Jun 2024 | 55.00 | 52.90 | 55.00 | 52.90 | 0.851 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 49.64. 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 | 45.04 |
Downside Target | 46.03 |
Upside Target | 48.10 |
Upside Target | 49.64 |
Upside Target | 51.30 |
Upside Target | 53.99 |
Upside Target | 57.90 |
Upside Target | 65.15 |
Upside Target | 68.40 |
Upside Target | 136.85 |
Upside Target | 141.70 |
Upside Target | 151.60 |
Intraday share price targets for Promax (Promax)
Target Type | Value |
Downside Intraday Target | 43.92 |
Downside Intraday Target | 41.35 |
Upside Intraday Target | 50.18 |
Upside Intraday Target | 53.87 |
Upside Intraday Target | 47.61 |
Weekly technical analysis of Promax (Promax)
Date | Weekly Closing Price | Open | High | Low | Volume |
11 Thu Jul 2024 | 46.49 | 51.30 | 51.30 | 45.04 | 0.762 times |
05 Fri Jul 2024 | 53.90 | 52.25 | 53.99 | 49.64 | 0.477 times |
28 Fri Jun 2024 | 55.00 | 48.11 | 57.90 | 48.10 | 1.294 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 |
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 |
11 Thu Jul 2024 | 46.49 | 52.25 | 53.99 | 45.04 | 0.336 times |
28 Fri Jun 2024 | 55.00 | 55.00 | 57.90 | 41.57 | 3.056 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 |
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Promax stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Promax in short term but the buy signal is initial and weak.
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 coming down
CCI has generated a SELL signal for Promax in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 50.98 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Promax stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Promax in short term but the buy signal is initial and weak.
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 coming down
CCI has generated a SELL signal for Promax in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 50.98 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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