(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 505
|Date||Daily Closing Price||Open||High||Low||Volume|
|11 Thu Aug 2022||3.59||3.59||3.59||3.59||0.105 times|
|10 Wed Aug 2022||3.59||3.59||3.59||3.59||0.002 times|
|08 Mon Aug 2022||3.42||3.10||3.42||3.10||0.24 times|
|05 Fri Aug 2022||3.26||3.26||3.26||3.26||0.594 times|
|03 Wed Aug 2022||3.11||3.11||3.11||3.11||0.02 times|
|02 Tue Aug 2022||3.11||3.07||3.11||3.07||1.848 times|
|30 Sat Jul 2022||3.23||3.40||3.57||3.23||3.23 times|
|28 Thu Jul 2022||3.40||3.40||3.40||3.40||0.006 times|
|27 Wed Jul 2022||3.40||3.40||3.40||3.40||2.97 times|
|26 Tue Jul 2022||3.24||3.24||3.24||3.24||1.079 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3.5, but if it comes below 3.5, then a intra day sell could be more profitable.
If you take a sell trade below 3.5, then use 3.5 as stoploss and 3.32 as target. However if you take a buy trade in stock , then use 3.5 as stoploss and 3.7 as target.
Share price targets for Promact (Promact)
Intraday share price targets for Promact (Promact)
|Downside Intraday Target||3.26|
|Downside Intraday Target||2.94|
|Upside Intraday Target||3.75|
|Upside Intraday Target||3.92|
|Downside Intraday Target||3.43|
Weekly technical analysis of Promact (Promact)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|11 Thu Aug 2022||3.59||3.10||3.59||3.10||0.141 times|
|05 Fri Aug 2022||3.26||3.07||3.26||3.07||0.338 times|
|30 Sat Jul 2022||3.23||3.09||3.57||3.09||4.336 times|
|21 Thu Jul 2022||3.13||3.52||3.52||2.99||2.051 times|
|15 Fri Jul 2022||3.36||3.48||3.67||3.36||0.059 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|
|11 Thu Aug 2022||3.59||3.07||3.59||3.07||0.118 times|
|30 Sat Jul 2022||3.23||3.35||3.78||2.99||0.651 times|
|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|
Scroll below to view daily charts
Price has moved up 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||44, 31, 17||Buy|
Price action analysis of Promact ( (Promact) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Promact ( (Promact) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Promact ( (Promact) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Promact Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 3.27 and Promact (Promact) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.