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Progrex Ventures Ltd.

PROGREXV.BO Technical Analysis Summary (BSE)

Analyze PROGREXV.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

PROGREXV.BO●BSE
EnergyOil & Gas Refining & Marketing
₹32.30
₹1.70(5.000%)
Indian Market opens in 6h 37m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PROGREXV.BO Technical Analysis Summary (BSE)

Progrex Ventures Ltd. (BSE: PROGREXV.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 58.38)
Trend Strength:Very Strong (ADX: 60.31)
Volatility:Low (ATR: 0.45)
Support/Resistance:$29.71 – $34.03 (Bollinger Bands)

Technical conditions suggest Progrex Ventures Ltd. on the BSE is awaiting a decisive move. Overall, Progrex Ventures Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 58.38

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 82.12

Bearish
Overbought levels may trigger pullback.

Williams %R: -53.63

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 4.36

Bullish
Steady upward momentum.

Takeaway:Progrex Ventures Ltd. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.82

Bullish
Bullish, trend momentum is strengthening.

ADX: 60.31

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.45

Low
Low volatility, stable price action.

CCI (14): 62.74

Bullish
Bullish, momentum building upward.

Takeaway:Progrex Ventures Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$34.03
Middle Band (SMA 20)
$31.87
Lower Band
$29.71
Current Position
Within Bands

Takeaway:Progrex Ventures Ltd. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$32.88
Middle Line (EMA 20)
$31.99
Lower Channel
$31.10
Squeeze Status
No Squeeze

Takeaway:Progrex Ventures Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume10.99K
Money Flow Index46.09Neutral, balanced money flows with no clear signal.
Relative Vigor Index15.23Bearish, price momentum favors sellers.

Overall Takeaway:PROGREXV.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Progrex Ventures Ltd. (BSE: PROGREXV.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Progrex Ventures Ltd. stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(BSE: PROGREXV.BO) Technical Analysis FAQ