(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 2024-07-22 View latest technical analysis
10 day averaged volume of Promax is 8500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Jul 2024 | 46.35 | 45.47 | 46.35 | 45.47 | 1.176 times |
| 19 Fri Jul 2024 | 44.15 | 46.37 | 46.37 | 44.15 | 0.588 times |
| 16 Tue Jul 2024 | 46.37 | 46.51 | 46.51 | 46.37 | 1.176 times |
| 15 Mon Jul 2024 | 48.81 | 48.75 | 48.81 | 48.75 | 0.882 times |
| 11 Thu Jul 2024 | 46.49 | 46.40 | 46.49 | 45.04 | 2.059 times |
| 10 Wed Jul 2024 | 47.41 | 47.42 | 47.42 | 47.41 | 0.588 times |
| 09 Tue Jul 2024 | 49.90 | 48.70 | 49.90 | 48.65 | 1.176 times |
| 08 Mon Jul 2024 | 51.21 | 51.30 | 51.30 | 51.21 | 0.882 times |
| 05 Fri Jul 2024 | 53.90 | 52.37 | 53.90 | 51.67 | 0.882 times |
| 04 Thu Jul 2024 | 53.99 | 52.00 | 53.99 | 52.00 | 0.882 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 46.7, but if it comes above 46.7, then a intra day buy could be more profitable.
If you take a sell trade below 46.7, then use 46.7 as stoploss and 42.7 as target. However if you take a buy trade in stock , then use 46.7 as stoploss and 50.06 as target.
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 41.57 |
| Downside Target | 44.15 |
| Downside Target | 45.04 |
| Upside Target | 48.10 |
| 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 | 45.76 |
| Downside Intraday Target | 45.18 |
| Upside Intraday Target | 46.64 |
| Upside Intraday Target | 46.94 |
| Downside Intraday Target | 46.06 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Jul 2024 | 46.35 | 45.47 | 46.35 | 45.47 | 0.444 times |
| 19 Fri Jul 2024 | 44.15 | 48.75 | 48.81 | 44.15 | 0.563 times |
| 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 |
Price has moved up 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 |
| 22 Mon Jul 2024 | 46.35 | 52.25 | 53.99 | 44.15 | 0.455 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 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 buy signal for Promax in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 48.65 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 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 buy signal for Promax in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 48.65 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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