(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 2024-10-03 View latest technical analysis
10 day averaged volume of Promax is 67750
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 41.20 | 42.50 | 42.50 | 41.20 | 1.181 times |
| 01 Tue Oct 2024 | 43.36 | 44.96 | 44.96 | 42.00 | 0.812 times |
| 30 Mon Sep 2024 | 42.88 | 41.73 | 43.75 | 41.72 | 1.107 times |
| 27 Fri Sep 2024 | 41.72 | 41.75 | 45.40 | 41.72 | 1.882 times |
| 26 Thu Sep 2024 | 43.91 | 44.60 | 45.00 | 43.91 | 2.731 times |
| 25 Wed Sep 2024 | 46.22 | 46.25 | 48.50 | 46.22 | 2.435 times |
| 24 Tue Sep 2024 | 48.65 | 48.66 | 48.66 | 48.65 | 0.148 times |
| 23 Mon Sep 2024 | 51.21 | 52.00 | 52.00 | 51.21 | 0.258 times |
| 20 Fri Sep 2024 | 53.90 | 51.49 | 54.00 | 51.49 | 0.406 times |
| 17 Tue Sep 2024 | 51.49 | 51.49 | 51.49 | 51.49 | 0.037 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 39.2, for a target of 45 or 49.75
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 40.05 |
| Downside Target | 41.20 |
| Upside Target | 44.15 |
| Upside Target | 48.00 |
| Upside Target | 49.50 |
| Upside Target | 52.00 |
| Upside Target | 53.50 |
| Upside Target | 53.99 |
| Upside Target | 54.00 |
| Upside Target | 57.90 |
| Upside Target | 64.51 |
Intraday share price targets for Promax (Promax)
| Target Type | Value |
| Downside Intraday Target | 39.95 |
| Downside Intraday Target | 38.69 |
| Upside Intraday Target | 43.71 |
| Upside Intraday Target | 46.21 |
| Upside Intraday Target | 42.45 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 41.20 | 41.73 | 44.96 | 41.20 | 0.416 times |
| 27 Fri Sep 2024 | 41.72 | 52.00 | 52.00 | 41.72 | 11.882 times |
| 20 Fri Sep 2024 | 53.90 | 52.00 | 54.00 | 49.50 | 1.545 times |
| 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 |
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 |
| 03 Thu Oct 2024 | 41.20 | 44.96 | 44.96 | 41.20 | 0.191 times |
| 30 Mon Sep 2024 | 42.88 | 53.16 | 54.00 | 41.72 | 1.361 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 |
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 SELL signal for Promax in short term and the sell signal is strong.
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 SELL signal for Promax in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 44.24 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 SELL signal for Promax in short term and the sell signal is strong.
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 SELL signal for Promax in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 44.24 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.
Click here for further forecast and predictions for tomorrow