(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 2024-10-08 View latest technical analysis
10 day averaged volume of Promax is 76000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 43.10 | 42.50 | 44.00 | 42.20 | 0.23 times |
| 07 Mon Oct 2024 | 43.50 | 44.68 | 44.68 | 42.00 | 0.23 times |
| 03 Thu Oct 2024 | 41.20 | 42.50 | 42.50 | 41.20 | 1.053 times |
| 01 Tue Oct 2024 | 43.36 | 44.96 | 44.96 | 42.00 | 0.724 times |
| 30 Mon Sep 2024 | 42.88 | 41.73 | 43.75 | 41.72 | 0.987 times |
| 27 Fri Sep 2024 | 41.72 | 41.75 | 45.40 | 41.72 | 1.678 times |
| 26 Thu Sep 2024 | 43.91 | 44.60 | 45.00 | 43.91 | 2.434 times |
| 25 Wed Sep 2024 | 46.22 | 46.25 | 48.50 | 46.22 | 2.171 times |
| 24 Tue Sep 2024 | 48.65 | 48.66 | 48.66 | 48.65 | 0.132 times |
| 23 Mon Sep 2024 | 51.21 | 52.00 | 52.00 | 51.21 | 0.23 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 43.9, but if it comes above 43.9, then a intra day buy could be more profitable.
If you take a sell trade below 43.9, then use 43.9 as stoploss and 38.6 as target. However if you take a buy trade in stock , then use 43.9 as stoploss and 48.39 as target.
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 40.05 |
| Downside Target | 41.20 |
| Upside Target | 44.15 |
| Upside Target | 48.51 |
| 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 | 41.84 |
| Downside Intraday Target | 40.58 |
| Upside Intraday Target | 44.52 |
| Upside Intraday Target | 45.94 |
| Upside Intraday Target | 43.26 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 43.10 | 44.68 | 44.68 | 42.00 | 0.167 times |
| 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 |
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 |
| 08 Tue Oct 2024 | 43.10 | 44.96 | 44.96 | 41.20 | 0.24 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 up 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 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 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 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 43.82 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 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 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 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 43.82 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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