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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)

Showing technical analysis as on 2021-06-30 View latest technical analysis

10 day averaged volume of Promact is 7819

Date Daily Closing Price Open High Low Volume
30 Wed Jun 2021 2.90 2.90 2.90 2.90 0.185 times
29 Tue Jun 2021 2.77 2.77 2.77 2.77 0.166 times
23 Wed Jun 2021 2.64 2.64 2.64 2.64 0.217 times
21 Mon Jun 2021 2.52 2.48 2.52 2.48 0.053 times
18 Fri Jun 2021 2.61 2.61 2.61 2.61 6.269 times
17 Thu Jun 2021 2.74 2.74 2.74 2.74 0.397 times
16 Wed Jun 2021 2.88 2.88 2.88 2.88 0.076 times
15 Tue Jun 2021 3.03 3.03 3.03 3.03 0.767 times
11 Fri Jun 2021 3.18 3.18 3.18 3.18 0.288 times
10 Thu Jun 2021 3.34 3.34 3.34 3.34 0.998 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.7 as stoploss in an intra day buy trade for a target of 3.64. However, stock will show a bearish move below 2.7.

Share price targets for Promact (Promact)

Target Type Value
Downside Target 2.48
Downside Target 2.61
Downside Target 2.77
Downside Target 2.90
Upside Target 3.03
Upside Target 3.18
Upside Target 3.69
Upside Target 3.88
Upside Target 4.29
Upside Target 4.51
Upside Target 5.24
Upside Target 5.25
Upside Target 5.30

Intraday share price targets for Promact (Promact)

Target Type Value
Downside Intraday Target 2.81
Downside Intraday Target 2.73
Upside Intraday Target 2.94
Upside Intraday Target 2.99
Downside Intraday Target 2.86

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
30 Wed Jun 2021 2.90 2.77 2.90 2.77 1.298 times
23 Wed Jun 2021 2.64 2.48 2.64 2.48 0.036 times
18 Fri Jun 2021 2.61 3.03 3.03 2.61 1.99 times
11 Fri Jun 2021 3.18 3.69 3.69 3.18 2.265 times
04 Fri Jun 2021 3.88 4.29 4.29 3.88 43.562 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
30 Wed Jun 2021 2.90 4.29 4.29 2.48 252.636 times
27 Thu May 2021 4.51 5.24 5.24 4.51 420 times
09 Tue Mar 2021 5.24 5.24 5.24 5.24 0.014 times
25 Thu Feb 2021 5.25 5.25 5.25 5.25 0.035 times

Scroll below to view daily charts

Price has moved down 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 57, 79, 16 Sell
MACD -1, -1Sell
Stochastics 30None
CCI 13Buy
RSI 49Sell
OBV -97633Sell
VWAP 3Buy
ADL 0Sell
ROC -17Sell
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 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.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Promact Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 2.76 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 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.

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Daily charts

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Daily chart

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