(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 2024-10-23 View latest technical analysis
10 day averaged volume of Promax is 16000
Date | Daily Closing Price | Open | High | Low | Volume |
23 Wed Oct 2024 | 45.10 | 46.02 | 46.02 | 45.10 | 0.469 times |
22 Tue Oct 2024 | 46.02 | 48.50 | 48.50 | 46.02 | 0.938 times |
21 Mon Oct 2024 | 48.43 | 45.34 | 48.65 | 45.34 | 1.875 times |
18 Fri Oct 2024 | 46.75 | 49.90 | 49.90 | 46.75 | 0.469 times |
17 Thu Oct 2024 | 48.11 | 49.00 | 49.56 | 45.55 | 2.5 times |
15 Tue Oct 2024 | 47.20 | 47.20 | 47.20 | 47.20 | 0.156 times |
14 Mon Oct 2024 | 47.20 | 45.04 | 47.20 | 45.04 | 1.094 times |
11 Fri Oct 2024 | 45.04 | 45.03 | 45.04 | 45.03 | 1.094 times |
10 Thu Oct 2024 | 42.90 | 42.90 | 42.90 | 42.90 | 0.156 times |
09 Wed Oct 2024 | 42.49 | 42.50 | 42.50 | 41.14 | 0.625 times |
My analysis of stock is bearish for shortterm, and stock might move down till 42.6 or till 39.5. Use a stoploss of 45.25 and if the stock hits stoploss, then it can shoot up till 47.87
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 | 43.92 |
Downside Intraday Target | 42.73 |
Upside Intraday Target | 47.47 |
Upside Intraday Target | 49.83 |
Upside Intraday Target | 46.28 |
Weekly technical analysis of Promax (Promax)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Wed Oct 2024 | 45.10 | 45.34 | 48.65 | 45.10 | 0.778 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 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 |
23 Wed Oct 2024 | 45.10 | 44.96 | 49.90 | 41.14 | 0.452 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 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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.
Promax Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 46.81 and Promax (Promax) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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.
Promax Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 46.81 and Promax (Promax) stock is trading below this level. This means that stock is falling with high volumes. 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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