Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 831

Date Daily Closing Price Open High Low Volume
30 Thu Jun 2022 3.47 3.15 3.47 3.15 0.146 times
29 Wed Jun 2022 3.31 3.31 3.31 3.31 0.747 times
27 Mon Jun 2022 3.45 3.45 3.45 3.45 0.001 times
24 Fri Jun 2022 3.57 3.57 3.57 3.57 0.066 times
23 Thu Jun 2022 3.57 3.57 3.57 3.57 0.137 times
20 Mon Jun 2022 3.40 3.40 3.40 3.40 0.602 times
17 Fri Jun 2022 3.40 3.40 3.40 3.40 0.001 times
15 Wed Jun 2022 3.52 3.45 3.52 3.45 1.41 times
14 Tue Jun 2022 3.77 3.77 3.77 3.77 0.697 times
13 Mon Jun 2022 3.77 3.72 4.38 3.72 1.971 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.5, but if it comes above 3.5, then a intra day buy could be more profitable.
If you take a sell trade below 3.5, then use 3.5 as stoploss and 3 as target. However if you take a buy trade in stock , then use 3.5 as stoploss and 3.9 as target.

Share price targets for Promact (Promact)

Target Type Value
Downside Target 3.15
Downside Target 3.35
Downside Target 3.47
Upside Target 3.57
Upside Target 3.70
Upside Target 4.11
Upside Target 4.26
Upside Target 4.38
Upside Target 4.55
Upside Target 4.80
Upside Target 4.85
Upside Target 4.99
Upside Target 5.21

Intraday share price targets for Promact (Promact)

Target Type Value
Downside Intraday Target 3.26
Downside Intraday Target 3.04
Upside Intraday Target 3.58
Upside Intraday Target 3.68
Downside Intraday Target 3.36

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
30 Thu Jun 2022 3.47 3.45 3.47 3.15 1.111 times
24 Fri Jun 2022 3.57 3.40 3.57 3.40 0.197 times
17 Fri Jun 2022 3.40 3.72 4.38 3.40 0.292 times
10 Fri Jun 2022 4.00 4.65 4.85 3.71 4.292 times
03 Fri Jun 2022 4.25 4.69 4.80 3.70 0.407 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 Promact (Promact)

Date Monthly Closing Price Open High Low Volume
30 Thu Jun 2022 3.47 4.80 4.85 3.15 0.777 times
31 Tue May 2022 4.50 4.22 4.99 3.35 0.437 times
29 Fri Apr 2022 3.84 3.30 4.26 3.15 1.431 times
31 Thu Mar 2022 3.47 4.23 4.55 3.47 0.643 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 18, 30, 25 Sell
MACD -0, -0Sell
Stochastics 10Sell
CCI -73Buy
RSI 51Buy
OBV -7443Sell
VWAP 4Sell
ADL 0Sell
ROC -13Sell
Force Index 0Sell

Price action analysis of Promact ( (Promact) ) based on a short term time period is

Price action analysis of Promact ( (Promact) ) based on a short term time period is

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

ADX buy sell signal for Promact stock for short term is SELL. Signal strength is Strong and stock is gaining 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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.6 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme