(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 2024-08-06 View latest technical analysis
10 day averaged volume of Promax is 17500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 43.01 | 41.45 | 45.45 | 41.45 | 2.143 times |
| 05 Mon Aug 2024 | 43.29 | 43.28 | 43.30 | 43.28 | 0.571 times |
| 02 Fri Aug 2024 | 45.55 | 45.49 | 45.57 | 44.00 | 3.143 times |
| 01 Thu Aug 2024 | 43.40 | 43.40 | 43.40 | 43.40 | 0.286 times |
| 31 Wed Jul 2024 | 45.62 | 47.50 | 49.45 | 45.13 | 2 times |
| 30 Tue Jul 2024 | 47.50 | 47.50 | 47.50 | 47.50 | 0.143 times |
| 29 Mon Jul 2024 | 47.50 | 50.00 | 50.00 | 47.50 | 1.143 times |
| 26 Fri Jul 2024 | 49.99 | 46.31 | 49.99 | 46.31 | 0.714 times |
| 25 Thu Jul 2024 | 48.61 | 52.40 | 52.40 | 48.61 | 0.571 times |
| 24 Wed Jul 2024 | 51.00 | 51.09 | 51.09 | 50.11 | 0.571 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 trade for tomorrow is selective. Take a sell trade only if stock stays below 44.6, but if it comes above 44.6, then a intra day buy could be more profitable.
If you take a sell trade below 44.6, then use 44.6 as stoploss and 41.2 as target. However if you take a buy trade in stock , then use 44.6 as stoploss and 47.44 as target.
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 41.45 |
| Upside Target | 43.40 |
| Upside Target | 45.04 |
| Upside Target | 48.81 |
| Upside Target | 50.00 |
| Upside Target | 51.30 |
| Upside Target | 52.40 |
| Upside Target | 53.99 |
| Upside Target | 54.55 |
| Upside Target | 57.90 |
| Upside Target | 65.15 |
| Upside Target | 68.40 |
| Upside Target | 141.70 |
Intraday share price targets for Promax (Promax)
| Target Type | Value |
| Downside Intraday Target | 41.16 |
| Downside Intraday Target | 39.3 |
| Upside Intraday Target | 45.16 |
| Upside Intraday Target | 47.3 |
| Upside Intraday Target | 43.3 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 43.01 | 43.28 | 45.45 | 41.45 | 0.404 times |
| 02 Fri Aug 2024 | 45.55 | 50.00 | 50.00 | 43.40 | 2.043 times |
| 26 Fri Jul 2024 | 49.99 | 45.47 | 52.40 | 45.47 | 2.556 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 |
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 |
| 06 Tue Aug 2024 | 43.01 | 43.40 | 45.57 | 41.45 | 0.467 times |
| 31 Wed Jul 2024 | 45.62 | 52.25 | 53.99 | 44.15 | 0.836 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 |
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 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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 and the buying is gaining 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 45.85 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 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 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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 and the buying is gaining 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 45.85 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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