(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 2025-01-06 View latest technical analysis
10 day averaged volume of Promax is 17750
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon Jan 2025 | 51.41 | 56.35 | 56.35 | 50.99 | 19.718 times |
| 03 Fri Jan 2025 | 53.67 | 53.67 | 53.67 | 53.67 | 0.282 times |
| 02 Thu Jan 2025 | 51.12 | 51.12 | 51.12 | 51.12 | 0.845 times |
| 01 Wed Jan 2025 | 48.69 | 48.69 | 48.69 | 48.69 | 0.704 times |
| 31 Tue Dec 2024 | 44.27 | 42.89 | 44.27 | 42.89 | 2.676 times |
| 30 Mon Dec 2024 | 40.25 | 40.25 | 40.25 | 40.25 | 0.141 times |
| 27 Fri Dec 2024 | 39.83 | 39.50 | 40.50 | 38.61 | 0.704 times |
| 26 Thu Dec 2024 | 39.25 | 39.20 | 39.30 | 39.20 | 0.282 times |
| 24 Tue Dec 2024 | 38.05 | 40.85 | 40.95 | 38.05 | 1.69 times |
| 23 Mon Dec 2024 | 39.20 | 42.00 | 43.69 | 38.50 | 1.831 times |
Stock of Promax (Promax) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 53.2, for a target of 48.1 or 43.91
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 36.80 |
| Downside Target | 38.05 |
| Downside Target | 40.25 |
| Downside Target | 43.69 |
| Downside Target | 45.00 |
| Downside Target | 47.00 |
| Downside Target | 48.00 |
| Downside Target | 49.90 |
| Downside Target | 50.99 |
| Upside Target | 53.67 |
| Upside Target | 54.00 |
| Upside Target | 56.35 |
Intraday share price targets for Promax (Promax)
| Target Type | Value |
| Downside Intraday Target | 49.48 |
| Downside Intraday Target | 47.56 |
| Upside Intraday Target | 54.84 |
| Upside Intraday Target | 58.28 |
| Upside Intraday Target | 52.92 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon Jan 2025 | 51.41 | 56.35 | 56.35 | 50.99 | 4.242 times |
| 03 Fri Jan 2025 | 53.67 | 40.25 | 53.67 | 40.25 | 1.031 times |
| 27 Fri Dec 2024 | 39.83 | 42.00 | 43.69 | 38.05 | 0.97 times |
| 20 Fri Dec 2024 | 42.00 | 43.48 | 47.00 | 42.00 | 1.222 times |
| 13 Fri Dec 2024 | 42.01 | 41.30 | 48.00 | 41.30 | 0.931 times |
Price has moved down 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 |
| 06 Mon Jan 2025 | 51.41 | 48.69 | 56.35 | 48.69 | 1.085 times |
| 31 Tue Dec 2024 | 44.27 | 39.55 | 48.00 | 38.05 | 1.185 times |
| 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Promax in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Promax in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 48.68 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 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 neutral. A longer time frame might give a better analysis.
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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Promax in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Promax in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 48.68 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 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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