(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 2024-10-21 View latest technical analysis
10 day averaged volume of Promax is 21250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 48.43 | 45.34 | 48.65 | 45.34 | 1.412 times |
| 18 Fri Oct 2024 | 46.75 | 49.90 | 49.90 | 46.75 | 0.353 times |
| 17 Thu Oct 2024 | 48.11 | 49.00 | 49.56 | 45.55 | 1.882 times |
| 15 Tue Oct 2024 | 47.20 | 47.20 | 47.20 | 47.20 | 0.118 times |
| 14 Mon Oct 2024 | 47.20 | 45.04 | 47.20 | 45.04 | 0.824 times |
| 11 Fri Oct 2024 | 45.04 | 45.03 | 45.04 | 45.03 | 0.824 times |
| 10 Thu Oct 2024 | 42.90 | 42.90 | 42.90 | 42.90 | 0.118 times |
| 09 Wed Oct 2024 | 42.49 | 42.50 | 42.50 | 41.14 | 0.471 times |
| 08 Tue Oct 2024 | 43.10 | 42.50 | 44.00 | 42.20 | 0.824 times |
| 07 Mon Oct 2024 | 43.50 | 44.68 | 44.68 | 42.00 | 0.824 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 49.4 as stoploss in an intra day sell trade for a target of 45.96. However, stock will show a bullish move above 49.4.
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 40.05 |
| Downside Target | 41.14 |
| Downside Target | 44.15 |
| Upside Target | 48.65 |
| Upside Target | 49.90 |
| Upside Target | 52.00 |
| 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 | 46.3 |
| Downside Intraday Target | 44.16 |
| Upside Intraday Target | 49.61 |
| Upside Intraday Target | 50.78 |
| Downside Intraday Target | 47.47 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 48.43 | 45.34 | 48.65 | 45.34 | 0.444 times |
| 18 Fri Oct 2024 | 46.75 | 45.04 | 49.90 | 45.04 | 1.038 times |
| 11 Fri Oct 2024 | 45.04 | 44.68 | 45.04 | 41.14 | 0.31 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 |
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 |
| 21 Mon Oct 2024 | 48.43 | 44.96 | 49.90 | 41.14 | 0.42 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 46.2 and Promax (Promax) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Promax (Promax) stock. Volume based technical analysis of Promax (Promax) stock is negative.
Promax Stock is giving positive 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 46.2 and Promax (Promax) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Promax (Promax) stock. Volume based technical analysis of Promax (Promax) stock is negative.
Promax Stock is giving positive 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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