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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)

Showing technical analysis as on 2024-11-29 View latest technical analysis

10 day averaged volume of Promax is 17500

Date Daily Closing Price Open High Low Volume
29 Fri Nov 2024 39.30 39.30 39.30 39.30 0.143 times
28 Thu Nov 2024 39.90 39.78 39.90 38.75 0.857 times
27 Wed Nov 2024 38.00 37.34 38.00 36.80 0.571 times
26 Tue Nov 2024 38.50 38.70 38.70 37.50 2.571 times
25 Mon Nov 2024 38.25 39.00 39.00 37.05 1.714 times
22 Fri Nov 2024 39.00 40.00 40.00 39.00 0.571 times
21 Thu Nov 2024 41.00 41.00 41.00 41.00 0.143 times
19 Tue Nov 2024 41.00 39.57 41.49 39.57 0.714 times
18 Mon Nov 2024 41.11 41.10 42.89 41.05 1.714 times
14 Thu Nov 2024 43.20 42.76 43.20 42.76 0.286 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39.5, but if it comes above 39.5, then a intra day buy could be more profitable.
If you take a sell trade below 39.5, then use 39.5 as stoploss and 36.7 as target. However if you take a buy trade in stock , then use 39.5 as stoploss and 41.72 as target.

Share price targets for Promax (Promax)

Target Type Value
Downside Target 36.80
Downside Target 39.00
Upside Target 39.90
Upside Target 42.74
Upside Target 44.15
Upside Target 45.00
Upside Target 45.89
Upside Target 49.90
Upside Target 53.99
Upside Target 54.00
Upside Target 64.51

Intraday share price targets for Promax (Promax)

Target Type Value
Downside Intraday Target 37.43
Downside Intraday Target 35.57
Upside Intraday Target 40.53
Upside Intraday Target 41.77
Downside Intraday Target 38.67

Weekly technical analysis of Promax (Promax)

Date Weekly Closing Price Open High Low Volume
29 Fri Nov 2024 39.30 39.00 39.90 36.80 1.864 times
22 Fri Nov 2024 39.00 41.10 42.89 39.00 2.75 times
14 Thu Nov 2024 43.20 41.40 43.20 41.15 0.182 times
08 Fri Nov 2024 43.30 45.00 45.00 42.74 1.517 times
01 Fri Nov 2024 44.10 40.75 45.89 40.72 0.906 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
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
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

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 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 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 Strong and stock is losing momentum.

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

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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Promax in short term and SELL 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

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 39.45 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 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 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 Strong and stock is losing momentum.

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

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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Promax in short term and SELL 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

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 39.45 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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