(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 2024-04-22 View latest technical analysis
10 day averaged volume of Promax is 19000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 75.90 | 74.90 | 75.90 | 74.90 | 0.789 times |
| 19 Fri Apr 2024 | 72.30 | 70.00 | 72.30 | 70.00 | 1.053 times |
| 15 Mon Apr 2024 | 68.90 | 68.90 | 68.90 | 68.90 | 0.263 times |
| 12 Fri Apr 2024 | 72.50 | 72.50 | 72.50 | 72.50 | 0.263 times |
| 10 Wed Apr 2024 | 71.50 | 71.50 | 71.50 | 71.50 | 0.263 times |
| 09 Tue Apr 2024 | 71.05 | 72.35 | 72.35 | 71.05 | 0.526 times |
| 05 Fri Apr 2024 | 137.85 | 140.00 | 141.70 | 129.75 | 2.632 times |
| 04 Thu Apr 2024 | 136.55 | 130.05 | 136.55 | 130.05 | 0.789 times |
| 03 Wed Apr 2024 | 130.05 | 128.90 | 130.05 | 128.90 | 0.395 times |
| 02 Tue Apr 2024 | 125.35 | 123.55 | 130.00 | 123.55 | 3.684 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 88.1, but if it comes above 88.1, then a intra day buy could be more profitable.
If you take a sell trade below 88.1, then use 88.1 as stoploss and 43.1 as target. However if you take a buy trade in stock , then use 88.1 as stoploss and 125.52 as target.
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 50.60 |
| Downside Target | 65.88 |
| Downside Target | 68.90 |
| Downside Target | 71.05 |
| Downside Target | 74.90 |
| Upside Target | 123.55 |
| Upside Target | 136.85 |
| Upside Target | 141.70 |
| Upside Target | 151.60 |
| Upside Target | 185.64 |
Intraday share price targets for Promax (Promax)
| Target Type | Value |
| Downside Intraday Target | 75.23 |
| Downside Intraday Target | 74.57 |
| Upside Intraday Target | 76.23 |
| Upside Intraday Target | 76.57 |
| Downside Intraday Target | 75.57 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 75.90 | 74.90 | 75.90 | 74.90 | 0.6 times |
| 19 Fri Apr 2024 | 72.30 | 68.90 | 72.30 | 68.90 | 1.25 times |
| 12 Fri Apr 2024 | 72.50 | 72.35 | 72.50 | 71.05 | 0.138 times |
| 05 Fri Apr 2024 | 137.85 | 130.05 | 141.70 | 123.55 | 58 times |
| 12 Tue Mar 2024 | 136.85 | 136.85 | 136.85 | 136.85 | 1 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 |
| 22 Mon Apr 2024 | 75.90 | 130.05 | 141.70 | 68.90 | 27.333 times |
| 12 Tue Mar 2024 | 136.85 | 151.60 | 151.60 | 136.85 | 0.009 times |
| 29 Thu Feb 2024 | 159.57 | 52.01 | 185.64 | 52.00 | 8.947 times |
| 30 Tue Jan 2024 | 54.00 | 58.00 | 65.88 | 50.60 | 1.81 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Promax ( (Promax) ) based on a mid to longer 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.
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.
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 and selling is picking up 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 113.83 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Promax ( (Promax) ) based on a mid to longer 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.
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.
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 and selling is picking up 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 113.83 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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