(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 2784
|Date||Daily Closing Price||Open||High||Low||Volume|
|22 Fri Oct 2021||2.45||2.45||2.45||2.45||3.67 times|
|21 Thu Oct 2021||2.57||2.57||2.57||2.57||0.017 times|
|20 Wed Oct 2021||2.70||2.58||2.70||2.58||0.37 times|
|19 Tue Oct 2021||2.58||2.58||2.58||2.58||0.008 times|
|18 Mon Oct 2021||2.71||2.85||2.85||2.71||0.009 times|
|13 Wed Oct 2021||2.85||2.59||2.85||2.59||0.735 times|
|12 Tue Oct 2021||2.72||2.71||2.72||2.71||0.015 times|
|11 Mon Oct 2021||2.85||2.99||2.99||2.85||2.191 times|
|08 Fri Oct 2021||2.99||3.13||3.13||2.85||2.971 times|
|07 Thu Oct 2021||2.99||3.02||3.02||2.90||2.893 times|
Stock of Promact (Promact) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 2.3 or till 1.9. Use a stoploss of 2.57 and if the stock hits stoploss, then it can shoot up till 2.86
Share price targets for Promact (Promact)
Intraday share price targets for Promact (Promact)
|Downside Intraday Target||2.32|
|Downside Intraday Target||2.18|
|Upside Intraday Target||2.72|
|Upside Intraday Target||2.98|
|Upside Intraday Target||2.58|
Weekly technical analysis of Promact (Promact)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|22 Fri Oct 2021||2.45||2.85||2.85||2.45||1.385 times|
|13 Wed Oct 2021||2.85||2.99||2.99||2.59||0.438 times|
|08 Fri Oct 2021||2.99||2.62||3.13||2.62||10.954 times|
|01 Fri Oct 2021||2.50||2.08||2.50||1.98||1.664 times|
|24 Fri Sep 2021||2.08||2.24||2.24||2.05||2.327 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|
|22 Fri Oct 2021||2.45||2.50||3.13||2.45||3.797 times|
|30 Thu Sep 2021||2.39||2.71||2.71||1.98||1.863 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|
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Promact (Promact)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||40, 40, 0||Sell|
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 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
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 BUY signal for Promact in short term but the buy signal is initial and weak.
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 coming down
CCI has generated a SELL signal for Promact in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 2.79 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.