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(Promact) Promact complete technical analysis [charts+indicators] | Buy/Sell Promact | (Promact) share price targets

Complete technical analysis of Promact (Promact) by charts plus indicators, forecast predictions and share price targets for Promact (Promact)

10 day averaged volume of Promact is 758

Date Daily Closing Price Open High Low Volume
16 Thu Sep 2021 2.34 2.34 2.34 2.34 0.132 times
13 Mon Sep 2021 2.23 2.22 2.23 2.22 0.45 times
09 Thu Sep 2021 2.33 2.33 2.33 2.33 3.256 times
08 Wed Sep 2021 2.45 2.36 2.45 2.36 5.146 times
06 Mon Sep 2021 2.48 2.48 2.48 2.48 0.029 times
03 Fri Sep 2021 2.60 2.60 2.60 2.60 0.66 times
02 Thu Sep 2021 2.58 2.71 2.71 2.58 0.005 times
01 Wed Sep 2021 2.71 2.71 2.71 2.71 0.001 times
31 Tue Aug 2021 2.85 2.85 2.85 2.85 0.297 times
30 Mon Aug 2021 3.00 3.00 3.00 3.00 0.144 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.5, but if it comes above 2.5, then a intra day buy could be more profitable.
If you take a sell trade below 2.5, then use 2.5 as stoploss and 1.9 as target. However if you take a buy trade in stock , then use 2.5 as stoploss and 2.99 as target.

Share price targets for Promact (Promact)

Target Type Value
Downside Target 2.22
Downside Target 2.33
Upside Target 2.48
Upside Target 2.58
Upside Target 2.71
Upside Target 2.85
Upside Target 3.00
Upside Target 3.50
Upside Target 3.65
Upside Target 3.67
Upside Target 4.14
Upside Target 4.29
Upside Target 4.51
Upside Target 5.24

Intraday share price targets for Promact (Promact)

Target Type Value
Downside Intraday Target 2.26
Downside Intraday Target 2.18
Upside Intraday Target 2.38
Upside Intraday Target 2.42
Downside Intraday Target 2.3

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
16 Thu Sep 2021 2.34 2.22 2.34 2.22 0.069 times
09 Thu Sep 2021 2.33 2.48 2.48 2.33 7.617 times
03 Fri Sep 2021 2.60 3.00 3.00 2.58 0.347 times
26 Thu Aug 2021 3.00 3.50 3.50 3.00 2.617 times
20 Fri Aug 2021 3.65 3.67 3.67 3.65 1.833 times

Price has moved up 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 Promact (Promact)

Date Monthly Closing Price Open High Low Volume
16 Thu Sep 2021 2.34 2.71 2.71 2.22 1.357 times
31 Tue Aug 2021 2.85 3.28 3.67 2.85 0.278 times
30 Fri Jul 2021 3.14 3.04 4.14 3.04 0.183 times
30 Wed Jun 2021 2.90 4.29 4.29 2.48 252.636 times

Scroll below to view daily charts

Price has moved down 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 Promact (Promact)

Indicator Name Indicator Value Indicator Signal
ADX 50, 58, 8 Sell
MACD -1, -0Sell
Stochastics 6Sell
CCI -73Buy
RSI 51Buy
OBV -7878Sell
VWAP 2Sell
ADL 0Sell
ROC -22Sell
Force Index 0Sell

Price action analysis of Promact ( (Promact) ) 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 Promact ( (Promact) ) 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 Promact ( (Promact) ) based on a short to mid 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 Promact ( (Promact) ) 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 Promact stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Promact in short term and the sell signal is strong.

Promact Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Promact in short term but BUY signal is weak.

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

MRSI is in negative zone. This is the SELL zone

Stock of Promact is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.43 and Promact (Promact) 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 Promact (Promact) stock. Volume based technical analysis of Promact (Promact) stock is negative.

Promact Stock has given negative 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.

Click here for Promact charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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