(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 2024-08-16 View latest technical analysis
10 day averaged volume of Promax is 19750
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 44.99 | 44.73 | 44.99 | 40.05 | 1.646 times |
| 14 Wed Aug 2024 | 42.00 | 42.36 | 42.36 | 42.00 | 0.38 times |
| 13 Tue Aug 2024 | 42.00 | 43.25 | 43.25 | 42.00 | 0.506 times |
| 09 Fri Aug 2024 | 45.70 | 44.10 | 45.70 | 44.10 | 0.38 times |
| 08 Thu Aug 2024 | 46.00 | 41.10 | 46.00 | 41.10 | 0.759 times |
| 07 Wed Aug 2024 | 44.30 | 43.30 | 44.30 | 43.01 | 0.759 times |
| 06 Tue Aug 2024 | 43.01 | 41.45 | 45.45 | 41.45 | 1.899 times |
| 05 Mon Aug 2024 | 43.29 | 43.28 | 43.30 | 43.28 | 0.506 times |
| 02 Fri Aug 2024 | 45.55 | 45.49 | 45.57 | 44.00 | 2.785 times |
| 01 Thu Aug 2024 | 43.40 | 43.40 | 43.40 | 43.40 | 0.253 times |
My analysis of stock is bearish for shortterm, and stock might move down till 43.3 or till 40.4. Use a stoploss of 45.8 and if the stock hits stoploss, then it can shoot up till 48.27
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 40.05 |
| Downside Target | 41.10 |
| Downside Target | 43.40 |
| Upside Target | 48.81 |
| Upside Target | 50.00 |
| Upside Target | 52.40 |
| Upside Target | 53.99 |
| Upside Target | 54.55 |
| Upside Target | 57.90 |
| Upside Target | 65.15 |
| Upside Target | 68.40 |
| Upside Target | 141.70 |
Intraday share price targets for Promax (Promax)
| Target Type | Value |
| Downside Intraday Target | 41.7 |
| Downside Intraday Target | 38.4 |
| Upside Intraday Target | 46.64 |
| Upside Intraday Target | 48.28 |
| Downside Intraday Target | 43.34 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 44.99 | 43.25 | 44.99 | 40.05 | 0.588 times |
| 09 Fri Aug 2024 | 45.70 | 43.28 | 46.00 | 41.10 | 0.723 times |
| 02 Fri Aug 2024 | 45.55 | 50.00 | 50.00 | 43.40 | 2.043 times |
| 26 Fri Jul 2024 | 49.99 | 45.47 | 52.40 | 45.47 | 2.556 times |
| 19 Fri Jul 2024 | 44.15 | 48.75 | 48.81 | 44.15 | 0.563 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 |
| 16 Fri Aug 2024 | 44.99 | 43.40 | 46.00 | 40.05 | 0.848 times |
| 31 Wed Jul 2024 | 45.62 | 52.25 | 53.99 | 44.15 | 0.836 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 and the buying is gaining 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 44.42 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.
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 and the buying is gaining 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 44.42 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.
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