(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 2024-10-07 View latest technical analysis
10 day averaged volume of Promax is 74500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 43.50 | 44.68 | 44.68 | 42.00 | 0.235 times |
| 03 Thu Oct 2024 | 41.20 | 42.50 | 42.50 | 41.20 | 1.074 times |
| 01 Tue Oct 2024 | 43.36 | 44.96 | 44.96 | 42.00 | 0.738 times |
| 30 Mon Sep 2024 | 42.88 | 41.73 | 43.75 | 41.72 | 1.007 times |
| 27 Fri Sep 2024 | 41.72 | 41.75 | 45.40 | 41.72 | 1.711 times |
| 26 Thu Sep 2024 | 43.91 | 44.60 | 45.00 | 43.91 | 2.483 times |
| 25 Wed Sep 2024 | 46.22 | 46.25 | 48.50 | 46.22 | 2.215 times |
| 24 Tue Sep 2024 | 48.65 | 48.66 | 48.66 | 48.65 | 0.134 times |
| 23 Mon Sep 2024 | 51.21 | 52.00 | 52.00 | 51.21 | 0.235 times |
| 20 Fri Sep 2024 | 53.90 | 51.49 | 54.00 | 51.49 | 0.369 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 44.5, but if it comes above 44.5, then a intra day buy could be more profitable.
If you take a sell trade below 44.5, then use 44.5 as stoploss and 39 as target. However if you take a buy trade in stock , then use 44.5 as stoploss and 49.01 as target.
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 40.05 |
| Downside Target | 41.20 |
| Upside Target | 44.15 |
| Upside Target | 48.51 |
| Upside Target | 49.50 |
| Upside Target | 52.00 |
| Upside Target | 53.50 |
| Upside Target | 53.99 |
| Upside Target | 54.00 |
| Upside Target | 57.90 |
| Upside Target | 64.51 |
Intraday share price targets for Promax (Promax)
| Target Type | Value |
| Downside Intraday Target | 42.11 |
| Downside Intraday Target | 40.71 |
| Upside Intraday Target | 44.79 |
| Upside Intraday Target | 46.07 |
| Downside Intraday Target | 43.39 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 43.50 | 44.68 | 44.68 | 42.00 | 0.083 times |
| 03 Thu Oct 2024 | 41.20 | 41.73 | 44.96 | 41.20 | 0.416 times |
| 27 Fri Sep 2024 | 41.72 | 52.00 | 52.00 | 41.72 | 11.882 times |
| 20 Fri Sep 2024 | 53.90 | 52.00 | 54.00 | 49.50 | 1.545 times |
| 12 Thu Sep 2024 | 52.00 | 53.50 | 53.50 | 48.51 | 0.478 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 |
| 07 Mon Oct 2024 | 43.50 | 44.96 | 44.96 | 41.20 | 0.216 times |
| 30 Mon Sep 2024 | 42.88 | 53.16 | 54.00 | 41.72 | 1.361 times |
| 30 Fri Aug 2024 | 55.46 | 43.40 | 64.51 | 40.05 | 2.261 times |
| 31 Wed Jul 2024 | 45.62 | 52.25 | 53.99 | 44.15 | 0.836 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 SELL signal in short term but selling is losing 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 44.2 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 positive
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 SELL signal in short term but selling is losing 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 44.2 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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