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(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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Daily charts

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