(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 6964
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 11.40 | 11.52 | 12.09 | 10.95 | 1.389 times |
| 13 Mon May 2024 | 11.52 | 12.12 | 12.72 | 11.52 | 0.813 times |
| 10 Fri May 2024 | 12.12 | 12.11 | 12.12 | 12.11 | 1.369 times |
| 09 Thu May 2024 | 11.55 | 11.52 | 11.55 | 11.45 | 0.561 times |
| 08 Wed May 2024 | 11.00 | 11.39 | 11.95 | 10.90 | 1.152 times |
| 07 Tue May 2024 | 11.39 | 11.75 | 11.75 | 11.39 | 1.264 times |
| 06 Mon May 2024 | 11.98 | 12.21 | 12.21 | 11.98 | 0.67 times |
| 03 Fri May 2024 | 12.61 | 13.04 | 13.35 | 12.20 | 0.817 times |
| 02 Thu May 2024 | 12.78 | 12.30 | 12.79 | 11.80 | 1.052 times |
| 30 Tue Apr 2024 | 12.20 | 11.73 | 12.56 | 11.38 | 0.869 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 11.3 as stoploss in an intra day buy trade for a target of 11.76. However, stock will show a bearish move below 11.3.
Share price targets for Promact (Promact)
| Target Type | Value |
| Downside Target | 6.61 |
| Downside Target | 7.98 |
| Downside Target | 9.50 |
| Downside Target | 10.75 |
| Downside Target | 11.27 |
| Upside Target | 11.91 |
| Upside Target | 12.21 |
| Upside Target | 12.72 |
| Upside Target | 13.35 |
| Upside Target | 13.40 |
| Upside Target | 14.23 |
| Upside Target | 18.76 |
Intraday share price targets for Promact (Promact)
| Target Type | Value |
| Downside Intraday Target | 10.66 |
| Downside Intraday Target | 9.92 |
| Upside Intraday Target | 12.43 |
| Upside Intraday Target | 13.46 |
| Upside Intraday Target | 11.69 |
Weekly technical analysis of Promact (Promact)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 11.40 | 12.12 | 12.72 | 10.95 | 0.439 times |
| 10 Fri May 2024 | 12.12 | 12.21 | 12.21 | 10.90 | 1.203 times |
| 03 Fri May 2024 | 12.61 | 11.40 | 13.35 | 11.38 | 0.755 times |
| 26 Fri Apr 2024 | 11.40 | 11.39 | 12.23 | 10.75 | 1.256 times |
| 19 Fri Apr 2024 | 11.62 | 11.91 | 11.91 | 11.27 | 3.363 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 |
| 14 Tue May 2024 | 11.40 | 12.30 | 13.35 | 10.90 | 0.656 times |
| 30 Tue Apr 2024 | 12.20 | 14.23 | 14.23 | 10.75 | 0.873 times |
| 28 Thu Mar 2024 | 14.52 | 14.01 | 18.76 | 13.40 | 0.366 times |
| 29 Thu Feb 2024 | 13.35 | 9.06 | 13.35 | 7.98 | 1.243 times |
Scroll below to view daily charts
Price has moved down 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)
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 neutral. A longer time frame might give a better analysis.
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.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 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 11.82 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.
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 neutral. A longer time frame might give a better analysis.
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.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 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 11.82 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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