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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 2024-12-11 View latest technical analysis

10 day averaged volume of Promax is 14250

Date Daily Closing Price Open High Low Volume
11 Wed Dec 2024 44.20 44.20 44.20 44.20 0.175 times
10 Tue Dec 2024 44.20 43.26 44.20 43.26 1.228 times
09 Mon Dec 2024 44.12 41.30 48.00 41.30 1.754 times
06 Fri Dec 2024 44.60 44.60 44.60 44.60 0.175 times
05 Thu Dec 2024 44.40 44.44 44.45 44.40 1.579 times
04 Wed Dec 2024 42.34 41.74 42.34 41.74 1.228 times
03 Tue Dec 2024 40.40 40.42 40.42 40.40 1.053 times
02 Mon Dec 2024 38.50 39.55 40.93 38.25 1.053 times
29 Fri Nov 2024 39.30 39.30 39.30 39.30 0.175 times
28 Thu Nov 2024 39.90 39.78 39.90 38.75 1.053 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.6, but if it comes below 43.6, then a intra day sell could be more profitable.
If you take a sell trade below 43.6, then use 43.6 as stoploss and 41.32 as target. However if you take a buy trade in stock , then use 43.6 as stoploss and 46.3 as target.

Share price targets for Promax (Promax)

Target Type Value
Downside Target 36.80
Downside Target 38.25
Downside Target 39.90
Downside Target 42.89
Downside Target 43.20
Upside Target 44.60
Upside Target 45.00
Upside Target 48.00
Upside Target 49.90
Upside Target 54.00
Upside Target 64.51

Intraday share price targets for Promax (Promax)

Target Type Value
Downside Intraday Target 41
Downside Intraday Target 37.8
Upside Intraday Target 47.7
Upside Intraday Target 51.2
Upside Intraday Target 44.5

Weekly technical analysis of Promax (Promax)

Date Weekly Closing Price Open High Low Volume
11 Wed Dec 2024 44.20 41.30 48.00 41.30 0.621 times
06 Fri Dec 2024 44.60 39.55 44.60 38.25 0.707 times
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

Price has moved down 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
11 Wed Dec 2024 44.20 39.55 48.00 38.25 0.395 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
30 Mon Sep 2024 42.88 53.16 54.00 41.72 1.361 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Promax ( (Promax) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Promax ( (Promax) ) based on a short to mid 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 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 but the buy signal is initial and weak.

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. 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 buy signal for Promax in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 42.36 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Promax ( (Promax) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Promax ( (Promax) ) based on a short to mid 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 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 but the buy signal is initial and weak.

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. 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 buy signal for Promax in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 42.36 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 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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