[moreButton]
 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 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)

Target Type Value
Downside Target 1.98
Downside Target 2.05
Downside Target 2.24
Downside Target 2.45
Upside Target 2.59
Upside Target 2.71
Upside Target 2.85
Upside Target 2.99
Upside Target 3.04
Upside Target 3.13
Upside Target 3.67
Upside Target 4.14
Upside Target 4.29

Intraday share price targets for Promact (Promact)

Target Type Value
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
MACD -0, -0Buy
Stochastics 7Sell
CCI -136Sell
RSI 50Buy
OBV -2472Sell
VWAP 3Sell
ADL 0Sell
ROC -15Sell
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 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.

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