(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 2024-04-02 View latest technical analysis
10 day averaged volume of Promax is 15750
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 125.35 | 123.55 | 130.00 | 123.55 | 4.444 times |
| 01 Mon Apr 2024 | 130.05 | 130.05 | 130.05 | 130.05 | 0.159 times |
| 12 Tue Mar 2024 | 136.85 | 136.85 | 136.85 | 136.85 | 0.159 times |
| 05 Tue Mar 2024 | 144.05 | 144.05 | 144.05 | 144.05 | 0.159 times |
| 02 Sat Mar 2024 | 151.60 | 151.60 | 151.60 | 151.60 | 0.159 times |
| 29 Thu Feb 2024 | 159.57 | 159.57 | 159.57 | 159.57 | 0.159 times |
| 28 Wed Feb 2024 | 167.96 | 185.64 | 185.64 | 167.96 | 4.444 times |
| 27 Tue Feb 2024 | 176.80 | 176.80 | 176.80 | 176.80 | 0.159 times |
| 26 Mon Feb 2024 | 168.39 | 168.00 | 168.39 | 168.00 | 0.476 times |
| 23 Fri Feb 2024 | 160.38 | 159.00 | 160.38 | 156.00 | 1.111 times |
Stock of Promax (Promax) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 115.4 as stoploss in an intra day buy trade for a target of 137.81. However, stock will show a bearish move below 115.4.
Share price targets for Promax (Promax)
| Target Type | Value |
| Downside Target | 50.60 |
| Downside Target | 65.88 |
| Downside Target | 123.55 |
| Upside Target | 130.05 |
| Upside Target | 136.85 |
| Upside Target | 144.05 |
| Upside Target | 151.60 |
| Upside Target | 160.38 |
| Upside Target | 185.64 |
Intraday share price targets for Promax (Promax)
| Target Type | Value |
| Downside Intraday Target | 122.58 |
| Downside Intraday Target | 119.82 |
| Upside Intraday Target | 129.08 |
| Upside Intraday Target | 132.82 |
| Upside Intraday Target | 126.32 |
Weekly technical analysis of Promax (Promax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 125.35 | 130.05 | 130.05 | 123.55 | 29 times |
| 12 Tue Mar 2024 | 136.85 | 136.85 | 136.85 | 136.85 | 1 times |
| 05 Tue Mar 2024 | 144.05 | 144.05 | 144.05 | 144.05 | 0.029 times |
| 02 Sat Mar 2024 | 151.60 | 168.00 | 185.64 | 151.60 | 0.366 times |
| 23 Fri Feb 2024 | 160.38 | 132.10 | 160.38 | 125.50 | 1.632 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 |
| 02 Tue Apr 2024 | 125.35 | 130.05 | 130.05 | 123.55 | 9.667 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Promax in short term but the sell signal is initial and weak.
Promax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 negative zone. This is the SELL 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 149.16 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Promax in short term but the sell signal is initial and weak.
Promax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 negative zone. This is the SELL 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 149.16 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.
Click here for further forecast and predictions for tomorrow