543375 NEWS why is Promax price falling or rising

543375 NEWS reasons for why stock price of Promax is falling or rising

543375 Promax is falling or rising technical reasons

Technical analysis forecast for Promax Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Promax 543375 at this time. Stock is falling and might fall more.

It appears as if Promax 543375 gave a large move recently.

Stock of Promax (543375) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Promax is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 59.9 as stoploss in an intra day buy trade for a target of 99.07. However, stock will show a bearish move below 59.9.

543375 Promax is falling or rising NEWS fundamental reasons

More announcements and NEWS

543375 Promax current price & indicator signals

Moving Averages for Promax

  • 5Day Average: 71.56
  • 12Day Average: 91.89
  • 20Day Average: 116.9
  • 50Day Average: 98.31
  • 100Day Average: 74.9
  • 150Day Average: 63.33
  • 200Day Average: 54.34

543375 Indicators & signals

Indicator MACD (12,26,9)

89.06, 101.56, -4.41
Indicator MACD is in negative zone

Indicator ADX (14)

34.11, 27.02, 55
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 37
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of 543375 Promax are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Thu Apr 2024 68.55 68.55 to 68.55 -4.99% 0.36 times
23 Tue Apr 2024 72.15 72.15 to 72.15 -4.94% 0.36 times
22 Mon Apr 2024 75.90 74.90 to 75.90 4.98% 1.09 times
19 Fri Apr 2024 72.30 70.00 to 72.30 4.93% 1.45 times
15 Mon Apr 2024 68.90 68.90 to 68.90 -4.97% 0.36 times
12 Fri Apr 2024 72.50 72.50 to 72.50 1.4% 0.36 times
10 Wed Apr 2024 71.50 71.50 to 71.50 0.63% 0.36 times
09 Tue Apr 2024 71.05 71.05 to 72.35 -48.46% 0.73 times
05 Fri Apr 2024 137.85 129.75 to 141.70 0.95% 3.64 times
04 Thu Apr 2024 136.55 130.05 to 136.55 5% 1.09 times
03 Wed Apr 2024 130.05 128.90 to 130.05 3.75% 0.55 times
02 Tue Apr 2024 125.35 123.55 to 130.00 -3.61% 5.09 times

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543375 NEWS why is Promax price falling or rising

 

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