(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 2024-11-06 View latest technical analysis
10 day averaged volume of Promax is 12250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 42.83 | 43.02 | 43.90 | 42.74 | 2.449 times |
| 05 Tue Nov 2024 | 44.98 | 44.98 | 44.98 | 44.98 | 0.204 times |
| 04 Mon Nov 2024 | 44.98 | 45.00 | 45.00 | 44.98 | 1.02 times |
| 01 Fri Nov 2024 | 44.10 | 43.95 | 44.10 | 42.01 | 0.816 times |
| 31 Thu Oct 2024 | 42.00 | 42.29 | 42.29 | 42.00 | 0.408 times |
| 30 Wed Oct 2024 | 43.93 | 45.89 | 45.89 | 43.00 | 1.429 times |
| 29 Tue Oct 2024 | 43.73 | 42.49 | 44.45 | 42.49 | 1.429 times |
| 28 Mon Oct 2024 | 42.48 | 40.75 | 42.48 | 40.72 | 1.837 times |
| 25 Fri Oct 2024 | 42.86 | 45.10 | 45.10 | 42.85 | 2.041 times |
| 24 Thu Oct 2024 | 45.10 | 45.10 | 45.10 | 45.10 | 0.204 times |
Stock of Promax (Promax) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.9, but if it comes above 42.9, then a intra day buy could be more profitable.
If you take a sell trade below 42.9, then use 42.9 as stoploss and 40.6 as target. However if you take a buy trade in stock , then use 42.9 as stoploss and 44.81 as target.
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 40.05 |
| Upside Target | 44.15 |
| Upside Target | 45.04 |
| Upside Target | 45.89 |
| Upside Target | 48.65 |
| Upside Target | 49.90 |
| Upside Target | 53.99 |
| Upside Target | 54.00 |
| Upside Target | 64.51 |
Intraday share price targets for Promax (Promax)
| Target Type | Value |
| Downside Intraday Target | 42.05 |
| Downside Intraday Target | 41.26 |
| Upside Intraday Target | 44.31 |
| Upside Intraday Target | 45.78 |
| Upside Intraday Target | 43.52 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 42.83 | 45.00 | 45.00 | 42.74 | 0.621 times |
| 01 Fri Nov 2024 | 44.10 | 40.75 | 45.89 | 40.72 | 0.906 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 |
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 |
| 06 Wed Nov 2024 | 42.83 | 43.95 | 45.00 | 42.01 | 0.134 times |
| 31 Thu Oct 2024 | 42.00 | 44.96 | 49.90 | 40.72 | 0.58 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 |
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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Promax stock for short term is SELL. 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 43.34 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Promax stock for short term is SELL. 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 43.34 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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