(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 2024-09-12 View latest technical analysis
10 day averaged volume of Promax is 23000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 52.00 | 48.51 | 52.00 | 48.51 | 0.652 times |
| 11 Wed Sep 2024 | 50.90 | 50.90 | 50.90 | 50.90 | 0.326 times |
| 10 Tue Sep 2024 | 53.50 | 53.50 | 53.50 | 53.50 | 0.217 times |
| 05 Thu Sep 2024 | 53.50 | 53.50 | 53.50 | 53.50 | 0.109 times |
| 04 Wed Sep 2024 | 52.55 | 48.00 | 52.56 | 48.00 | 0.978 times |
| 03 Tue Sep 2024 | 50.06 | 50.25 | 50.25 | 50.06 | 0.543 times |
| 02 Mon Sep 2024 | 52.69 | 53.16 | 53.16 | 52.69 | 0.87 times |
| 30 Fri Aug 2024 | 55.46 | 55.46 | 58.00 | 55.46 | 0.543 times |
| 29 Thu Aug 2024 | 58.37 | 64.51 | 64.51 | 58.37 | 2.609 times |
| 28 Wed Aug 2024 | 61.44 | 61.44 | 61.44 | 61.44 | 0.543 times |
My analysis of stock is bullish for shortterm, and stock might move up till 56 or till 62.7. Use a stoploss of 50.42 and if this stock hits its stoploss, then it can fall down till 44.84
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 40.05 |
| Downside Target | 41.57 |
| Downside Target | 43.50 |
| Downside Target | 48.00 |
| Upside Target | 53.00 |
| Upside Target | 53.50 |
| Upside Target | 53.99 |
| Upside Target | 54.55 |
| Upside Target | 57.90 |
| Upside Target | 64.51 |
| Upside Target | 68.40 |
Intraday share price targets for Promax (Promax)
| Target Type | Value |
| Downside Intraday Target | 49.17 |
| Downside Intraday Target | 46.35 |
| Upside Intraday Target | 54.16 |
| Upside Intraday Target | 56.33 |
| Downside Intraday Target | 51.34 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 52.00 | 53.50 | 53.50 | 48.51 | 0.478 times |
| 05 Thu Sep 2024 | 53.50 | 53.16 | 53.50 | 48.00 | 0.25 times |
| 30 Fri Aug 2024 | 55.46 | 53.28 | 64.51 | 53.00 | 2.421 times |
| 23 Fri Aug 2024 | 48.44 | 44.99 | 48.44 | 43.50 | 1.9 times |
| 16 Fri Aug 2024 | 44.99 | 43.25 | 44.99 | 40.05 | 0.588 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 |
| 12 Thu Sep 2024 | 52.00 | 53.16 | 53.50 | 48.00 | 0.163 times |
| 30 Fri Aug 2024 | 55.46 | 43.40 | 64.51 | 40.05 | 2.261 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 and the buy signal is strong.
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 in or above the red cloud Prices appear to be moving up
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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 55.23 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 positive
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 and the buy signal is strong.
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 in or above the red cloud Prices appear to be moving up
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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 55.23 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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