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(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 2024-07-23 View latest technical analysis

10 day averaged volume of Promax is 8750

Date Daily Closing Price Open High Low Volume
23 Tue Jul 2024 48.66 47.74 48.66 47.74 1.714 times
22 Mon Jul 2024 46.35 45.47 46.35 45.47 1.143 times
19 Fri Jul 2024 44.15 46.37 46.37 44.15 0.571 times
16 Tue Jul 2024 46.37 46.51 46.51 46.37 1.143 times
15 Mon Jul 2024 48.81 48.75 48.81 48.75 0.857 times
11 Thu Jul 2024 46.49 46.40 46.49 45.04 2 times
10 Wed Jul 2024 47.41 47.42 47.42 47.41 0.571 times
09 Tue Jul 2024 49.90 48.70 49.90 48.65 1.143 times
08 Mon Jul 2024 51.21 51.30 51.30 51.21 0.857 times
05 Fri Jul 2024 53.90 52.37 53.90 51.67 0.857 times

My analysis of stock is bearish for shortterm, and stock might move down till 47 or till 43.2. Use a stoploss of 50.2 and if the stock hits stoploss, then it can shoot up till 53.4

Share price targets for Promax (Promax)

Target Type Value
Downside Target 41.57
Downside Target 44.15
Downside Target 45.04
Downside 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 46.53
Downside Intraday Target 44.41
Upside Intraday Target 49.72
Upside Intraday Target 50.79
Downside Intraday Target 47.6

Weekly technical analysis of Promax (Promax)

Date Weekly Closing Price Open High Low Volume
23 Tue Jul 2024 48.66 45.47 48.66 45.47 1.111 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
23 Tue Jul 2024 48.66 52.25 53.99 44.15 0.509 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Promax ( (Promax) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak 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 and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 48.23 and Promax (Promax) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Promax ( (Promax) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak 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 and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 48.23 and Promax (Promax) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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Daily charts

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