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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 2025-01-31 View latest technical analysis

10 day averaged volume of Promax is 31750

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	39.22	40.43	40.43	39.12	1.417 times
30 Thu Jan 2025	40.43	40.60	41.84	40.24	1.26 times
29 Wed Jan 2025	42.35	40.84	42.35	39.01	1.102 times
28 Tue Jan 2025	40.34	41.80	42.74	40.00	2.913 times
27 Mon Jan 2025	40.71	42.84	44.13	40.71	0.709 times
23 Thu Jan 2025	42.85	42.85	42.85	42.85	0.079 times
22 Wed Jan 2025	42.85	44.50	46.35	42.85	1.26 times
21 Tue Jan 2025	44.76	43.00	44.76	43.00	0.866 times
20 Mon Jan 2025	42.63	43.00	43.00	42.63	0.236 times
17 Fri Jan 2025	43.26	43.39	43.44	41.05	1.26 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39.7, but if it comes above 39.7, then a intra day buy could be more profitable.
If you take a sell trade below 39.7, then use 39.7 as stoploss and 35 as target. However if you take a buy trade in stock , then use 39.7 as stoploss and 43.52 as target.

Share price targets for Promax (Promax)

Target Type	Value
Downside Target	36.80
Downside Target	38.05
Upside Target	40.25
Upside Target	41.72
Upside Target	45.00
Upside Target	46.35
Upside Target	48.00
Upside Target	49.90
Upside Target	53.67
Upside Target	54.00
Upside Target	56.35

Intraday share price targets for Promax (Promax)

Target Type	Value
Downside Intraday Target	37.44
Downside Intraday Target	35.67
Upside Intraday Target	42.56
Upside Intraday Target	45.91
Upside Intraday Target	40.79

Weekly technical analysis of Promax (Promax)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	39.22	42.84	44.13	39.01	3.032 times
23 Thu Jan 2025	42.85	43.00	46.35	42.63	0.646 times
17 Fri Jan 2025	43.26	40.36	43.44	38.35	0.232 times
10 Fri Jan 2025	42.42	56.35	56.35	42.42	6.273 times
03 Fri Jan 2025	53.67	40.25	53.67	40.25	1.031 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Promax (Promax)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	39.22	48.69	56.35	38.35	2.787 times
31 Tue Dec 2024	44.27	39.55	48.00	38.05	1.185 times
29 Fri Nov 2024	39.30	43.95	45.00	36.80	0.726 times
31 Thu Oct 2024	42.00	44.96	49.90	40.72	0.58 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Promax in short term and the sell signal is strong.

Promax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 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 41.46 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.