(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 2024-08-23 View latest technical analysis
10 day averaged volume of Promax is 16250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 48.44 | 45.00 | 48.44 | 44.80 | 3.538 times |
| 22 Thu Aug 2024 | 44.04 | 43.50 | 44.25 | 43.50 | 1.538 times |
| 20 Tue Aug 2024 | 44.00 | 43.57 | 44.00 | 43.57 | 0.462 times |
| 19 Mon Aug 2024 | 44.99 | 44.99 | 44.99 | 44.99 | 0.308 times |
| 16 Fri Aug 2024 | 44.99 | 44.73 | 44.99 | 40.05 | 2 times |
| 14 Wed Aug 2024 | 42.00 | 42.36 | 42.36 | 42.00 | 0.462 times |
| 13 Tue Aug 2024 | 42.00 | 43.25 | 43.25 | 42.00 | 0.615 times |
| 09 Fri Aug 2024 | 45.70 | 44.10 | 45.70 | 44.10 | 0.462 times |
| 08 Thu Aug 2024 | 46.00 | 41.10 | 46.00 | 41.10 | 0.923 times |
| 07 Wed Aug 2024 | 44.30 | 43.30 | 44.30 | 43.01 | 0.923 times |
Stock of Promax (Promax) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 48.1, but if it comes below 48.1, then a intra day sell could be more profitable.
If you take a sell trade below 48.1, then use 48.1 as stoploss and 45.6 as target. However if you take a buy trade in stock , then use 48.1 as stoploss and 51.1 as target.
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 40.05 |
| Downside Target | 41.10 |
| Downside Target | 43.40 |
| Downside Target | 48.44 |
| 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 | 45.15 |
| Downside Intraday Target | 41.85 |
| Upside Intraday Target | 50.09 |
| Upside Intraday Target | 51.73 |
| Downside Intraday Target | 46.79 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 48.44 | 44.99 | 48.44 | 43.50 | 1.9 times |
| 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 |
Price has moved up 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 |
| 23 Fri Aug 2024 | 48.44 | 43.40 | 48.44 | 40.05 | 1.261 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak and stock is gaining 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 and BUY 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
Although the stock is in the BUY zone, but buying 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 45.67 and Promax (Promax) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Promax (Promax) stock. Volume based technical analysis of Promax (Promax) stock is negative.
Promax Stock is giving positive 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak and stock is gaining 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 and BUY 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
Although the stock is in the BUY zone, but buying 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 45.67 and Promax (Promax) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Promax (Promax) stock. Volume based technical analysis of Promax (Promax) stock is negative.
Promax Stock is giving positive 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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