(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)
Intraday share price targets for Promact (Promact)
|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|
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.