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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 2021-07-30 View latest technical analysis

10 day averaged volume of Promact is 1326

Date Daily Closing Price Open High Low Volume
30 Fri Jul 2021 3.14 3.14 3.14 3.14 0.234 times
29 Thu Jul 2021 3.30 3.30 3.63 3.30 1.158 times
28 Wed Jul 2021 3.46 3.46 3.46 3.46 1.256 times
27 Tue Jul 2021 3.55 3.55 3.55 3.55 0.001 times
26 Mon Jul 2021 3.39 3.39 3.39 3.39 0.719 times
23 Fri Jul 2021 3.23 3.23 3.40 3.23 0.198 times
22 Thu Jul 2021 3.40 3.40 3.40 3.40 0.075 times
20 Tue Jul 2021 3.57 3.57 3.57 3.57 1.398 times
14 Wed Jul 2021 3.75 3.76 3.76 3.75 2.263 times
13 Tue Jul 2021 3.94 3.94 3.94 3.94 2.262 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 3.1 as stoploss in an intra day buy trade for a target of 3.45. However, stock will show a bearish move below 3.1.

Share price targets for Promact (Promact)

Target Type Value
Downside Target 2.48
Downside Target 2.77
Downside Target 3.04
Downside Target 3.14
Upside Target 3.34
Upside Target 3.57
Upside Target 3.75
Upside Target 3.95
Upside Target 4.14
Upside Target 4.29
Upside Target 4.51
Upside Target 5.24
Upside Target 5.25

Intraday share price targets for Promact (Promact)

Target Type Value
Downside Intraday Target 2.98
Downside Intraday Target 2.81
Upside Intraday Target 3.47
Upside Intraday Target 3.79
Upside Intraday Target 3.3

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
30 Fri Jul 2021 3.14 3.39 3.63 3.14 2.017 times
23 Fri Jul 2021 3.23 3.57 3.57 3.23 0.322 times
14 Wed Jul 2021 3.75 4.14 4.14 3.75 2.333 times
09 Fri Jul 2021 3.95 3.34 3.95 3.34 0.519 times
02 Fri Jul 2021 3.19 2.77 3.19 2.77 2.689 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Promact (Promact)

Date Monthly Closing Price Open High Low Volume
30 Fri Jul 2021 3.14 3.04 4.14 3.04 0.183 times
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

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 47, 53, 6 Sell
MACD -0, -0Sell
Stochastics 11Sell
CCI -137Sell
RSI 50Sell
OBV 455Sell
VWAP 4Sell
ADL 0Sell
ROC -24Sell
Force Index 0Sell

Price action analysis of Promact ( (Promact) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is losing 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 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 and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 3.62 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.

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Daily charts

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Daily chart

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