(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 2024-08-29 View latest technical analysis
10 day averaged volume of Promax is 30250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 58.37 | 64.51 | 64.51 | 58.37 | 1.983 times |
| 28 Wed Aug 2024 | 61.44 | 61.44 | 61.44 | 61.44 | 0.413 times |
| 27 Tue Aug 2024 | 58.52 | 57.30 | 58.52 | 55.59 | 2.479 times |
| 26 Mon Aug 2024 | 53.20 | 53.28 | 53.28 | 53.00 | 2.314 times |
| 23 Fri Aug 2024 | 48.44 | 45.00 | 48.44 | 44.80 | 1.901 times |
| 22 Thu Aug 2024 | 44.04 | 43.50 | 44.25 | 43.50 | 0.826 times |
| 20 Tue Aug 2024 | 44.00 | 43.57 | 44.00 | 43.57 | 0.248 times |
| 19 Mon Aug 2024 | 44.99 | 44.99 | 44.99 | 44.99 | 0.165 times |
| 16 Fri Aug 2024 | 44.99 | 44.73 | 44.99 | 40.05 | 1.074 times |
| 14 Wed Aug 2024 | 42.00 | 42.36 | 42.36 | 42.00 | 0.248 times |
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 59.8, for a target of 53 or 47.32
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 40.05 |
| Downside Target | 41.10 |
| Downside Target | 43.40 |
| Downside Target | 46.00 |
| Downside Target | 48.44 |
| Downside Target | 50.00 |
| Downside Target | 53.00 |
| Downside Target | 57.90 |
| Upside Target | 64.51 |
| 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 | 52.74 |
| Downside Intraday Target | 47.12 |
| Upside Intraday Target | 64.25 |
| Upside Intraday Target | 70.14 |
| Upside Intraday Target | 58.63 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 58.37 | 53.28 | 64.51 | 53.00 | 2.289 times |
| 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 |
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 Thu Aug 2024 | 58.37 | 43.40 | 64.51 | 40.05 | 2.207 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, 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 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 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 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 BUY. Signal strength is Strong and stock is gaining 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 52.77 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 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 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 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 BUY. Signal strength is Strong and stock is gaining 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 52.77 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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