(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 2024-10-30 View latest technical analysis
10 day averaged volume of Promax is 17000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Wed Oct 2024 | 43.93 | 45.89 | 45.89 | 43.00 | 1.029 times |
| 29 Tue Oct 2024 | 43.73 | 42.49 | 44.45 | 42.49 | 1.029 times |
| 28 Mon Oct 2024 | 42.48 | 40.75 | 42.48 | 40.72 | 1.324 times |
| 25 Fri Oct 2024 | 42.86 | 45.10 | 45.10 | 42.85 | 1.471 times |
| 24 Thu Oct 2024 | 45.10 | 45.10 | 45.10 | 45.10 | 0.147 times |
| 23 Wed Oct 2024 | 45.10 | 46.02 | 46.02 | 45.10 | 0.441 times |
| 22 Tue Oct 2024 | 46.02 | 48.50 | 48.50 | 46.02 | 0.882 times |
| 21 Mon Oct 2024 | 48.43 | 45.34 | 48.65 | 45.34 | 1.765 times |
| 18 Fri Oct 2024 | 46.75 | 49.90 | 49.90 | 46.75 | 0.441 times |
| 17 Thu Oct 2024 | 48.11 | 49.00 | 49.56 | 45.55 | 2.353 times |
My analysis of stock is bearish for shortterm, and stock might move down till 42.5 or till 40.1. Use a stoploss of 44.57 and if the stock hits stoploss, then it can shoot up till 46.61
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 40.05 |
| Downside Target | 42.85 |
| Upside Target | 44.15 |
| Upside Target | 45.89 |
| Upside Target | 48.65 |
| Upside Target | 49.90 |
| 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 | 41.14 |
| Downside Intraday Target | 38.34 |
| Upside Intraday Target | 46.31 |
| Upside Intraday Target | 48.68 |
| Downside Intraday Target | 43.51 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Wed Oct 2024 | 43.93 | 40.75 | 45.89 | 40.72 | 0.719 times |
| 25 Fri Oct 2024 | 42.86 | 45.34 | 48.65 | 42.85 | 1.185 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 |
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 |
| 30 Wed Oct 2024 | 43.93 | 44.96 | 49.90 | 40.72 | 0.572 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Promax stock for short term is BUY. 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.
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 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 moving up
CCI has generated a buy signal for Promax in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 45.57 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Promax stock for short term is BUY. 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.
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 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 moving up
CCI has generated a buy signal for Promax in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 45.57 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.
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