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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)

10 day averaged volume of Promax is 26000

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	42.85	42.85	42.85	42.85	0.096 times
22 Wed Jan 2025	42.85	44.50	46.35	42.85	1.538 times
21 Tue Jan 2025	44.76	43.00	44.76	43.00	1.058 times
20 Mon Jan 2025	42.63	43.00	43.00	42.63	0.288 times
17 Fri Jan 2025	43.26	43.39	43.44	41.05	1.538 times
16 Thu Jan 2025	41.38	41.01	41.90	40.85	0.385 times
15 Wed Jan 2025	40.85	41.50	42.01	40.80	1.058 times
14 Tue Jan 2025	40.01	38.35	40.01	38.35	0.865 times
13 Mon Jan 2025	40.30	40.36	41.61	40.30	0.769 times
10 Fri Jan 2025	42.42	42.47	43.00	42.42	1.442 times

My analysis of stock is bearish for shortterm, and stock might move down till 40.5 or till 35.5. Use a stoploss of 44.57 and if the stock hits stoploss, then it can shoot up till 48.68

Share price targets for Promax (Promax)

Target Type	Value
Downside Target	36.80
Downside Target	38.05
Downside Target	40.25
Downside 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	41.54
Downside Intraday Target	40.22
Upside Intraday Target	45.26
Upside Intraday Target	47.66
Upside Intraday Target	43.94

Weekly technical analysis of Promax (Promax)

Date	Weekly Closing Price	Open	High	Low	Volume
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
27 Fri Dec 2024	39.83	42.00	43.69	38.05	0.97 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 Thu Jan 2025	42.85	48.69	56.35	38.35	2.121 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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 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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 42.28 and Promax (Promax) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.