(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 2024-07-15 View latest technical analysis
10 day averaged volume of Promax is 10250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Mon Jul 2024 | 48.81 | 48.75 | 48.81 | 48.75 | 0.732 times |
| 11 Thu Jul 2024 | 46.49 | 46.40 | 46.49 | 45.04 | 1.707 times |
| 10 Wed Jul 2024 | 47.41 | 47.42 | 47.42 | 47.41 | 0.488 times |
| 09 Tue Jul 2024 | 49.90 | 48.70 | 49.90 | 48.65 | 0.976 times |
| 08 Mon Jul 2024 | 51.21 | 51.30 | 51.30 | 51.21 | 0.732 times |
| 05 Fri Jul 2024 | 53.90 | 52.37 | 53.90 | 51.67 | 0.732 times |
| 04 Thu Jul 2024 | 53.99 | 52.00 | 53.99 | 52.00 | 0.732 times |
| 03 Wed Jul 2024 | 52.12 | 51.99 | 52.12 | 51.99 | 0.732 times |
| 02 Tue Jul 2024 | 49.64 | 50.20 | 50.20 | 49.64 | 0.976 times |
| 01 Mon Jul 2024 | 52.25 | 52.25 | 52.30 | 52.25 | 1.951 times |
My analysis of stock is bearish for shortterm, and stock might move down till 46 or till 41.5. Use a stoploss of 49.78 and if the stock hits stoploss, then it can shoot up till 53.57
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 41.57 |
| Downside Target | 45.04 |
| Downside Target | 48.10 |
| Upside Target | 51.30 |
| Upside Target | 53.99 |
| Upside Target | 57.90 |
| Upside Target | 65.15 |
| Upside Target | 68.40 |
| Upside Target | 136.85 |
| Upside Target | 141.70 |
| Upside Target | 151.60 |
Intraday share price targets for Promax (Promax)
| Target Type | Value |
| Downside Intraday Target | 48.77 |
| Downside Intraday Target | 48.73 |
| Upside Intraday Target | 48.83 |
| Upside Intraday Target | 48.85 |
| Downside Intraday Target | 48.79 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Mon Jul 2024 | 48.81 | 48.75 | 48.81 | 48.75 | 0.188 times |
| 11 Thu Jul 2024 | 46.49 | 51.30 | 51.30 | 45.04 | 0.762 times |
| 05 Fri Jul 2024 | 53.90 | 52.25 | 53.99 | 49.64 | 0.477 times |
| 28 Fri Jun 2024 | 55.00 | 48.11 | 57.90 | 48.10 | 1.294 times |
| 21 Fri Jun 2024 | 48.11 | 41.57 | 48.11 | 41.57 | 2.429 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 |
| 15 Mon Jul 2024 | 48.81 | 52.25 | 53.99 | 45.04 | 0.364 times |
| 28 Fri Jun 2024 | 55.00 | 55.00 | 57.90 | 41.57 | 3.056 times |
| 31 Fri May 2024 | 54.60 | 61.90 | 68.40 | 54.55 | 0.409 times |
| 30 Tue Apr 2024 | 65.15 | 130.05 | 141.70 | 65.15 | 29.333 times |
Scroll below to view daily charts
Price has moved down 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 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 losing momentum.
MACD generated a BUY signal for Promax in short term but the buy signal is initial and weak.
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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 50.41 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 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 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 losing momentum.
MACD generated a BUY signal for Promax in short term but the buy signal is initial and weak.
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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 50.41 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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