(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 480
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Jul 2022 | 3.47 | 3.35 | 3.47 | 3.35 | 0.117 times |
| 30 Thu Jun 2022 | 3.47 | 3.15 | 3.47 | 3.15 | 0.252 times |
| 29 Wed Jun 2022 | 3.31 | 3.31 | 3.31 | 3.31 | 1.294 times |
| 27 Mon Jun 2022 | 3.45 | 3.45 | 3.45 | 3.45 | 0.002 times |
| 24 Fri Jun 2022 | 3.57 | 3.57 | 3.57 | 3.57 | 0.115 times |
| 23 Thu Jun 2022 | 3.57 | 3.57 | 3.57 | 3.57 | 0.238 times |
| 20 Mon Jun 2022 | 3.40 | 3.40 | 3.40 | 3.40 | 1.042 times |
| 17 Fri Jun 2022 | 3.40 | 3.40 | 3.40 | 3.40 | 0.002 times |
| 15 Wed Jun 2022 | 3.52 | 3.45 | 3.52 | 3.45 | 2.442 times |
| 14 Tue Jun 2022 | 3.77 | 3.77 | 3.77 | 3.77 | 1.206 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 3.4 as stoploss in an intra day buy trade for a target of 3.87. However, stock will show a bearish move below 3.4.
Share price targets for Promact (Promact)
| Target Type | Value |
| Downside Target | 3.15 |
| Downside Target | 3.35 |
| Downside Target | 3.47 |
| Upside Target | 3.57 |
| Upside Target | 3.70 |
| Upside Target | 4.26 |
| Upside Target | 4.38 |
| Upside Target | 4.55 |
| Upside Target | 4.80 |
| Upside Target | 4.85 |
| Upside Target | 4.99 |
Intraday share price targets for Promact (Promact)
| Target Type | Value |
| Downside Intraday Target | 3.26 |
| Downside Intraday Target | 3.04 |
| Upside Intraday Target | 3.58 |
| Upside Intraday Target | 3.68 |
| Downside Intraday Target | 3.36 |
Weekly technical analysis of Promact (Promact)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Jul 2022 | 3.47 | 3.45 | 3.47 | 3.15 | 1.194 times |
| 24 Fri Jun 2022 | 3.57 | 3.40 | 3.57 | 3.40 | 0.197 times |
| 17 Fri Jun 2022 | 3.40 | 3.72 | 4.38 | 3.40 | 0.292 times |
| 10 Fri Jun 2022 | 4.00 | 4.65 | 4.85 | 3.71 | 4.292 times |
| 03 Fri Jun 2022 | 4.25 | 4.69 | 4.80 | 3.70 | 0.407 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 |
| 01 Fri Jul 2022 | 3.47 | 3.35 | 3.47 | 3.35 | 0.003 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 |
| 29 Fri Apr 2022 | 3.84 | 3.30 | 4.26 | 3.15 | 1.431 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 16, 29, 29 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 26 | Sell |
| CCI | -31 | Buy |
| RSI | 51 | Buy |
| OBV | -5305 | Sell |
| VWAP | 4 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | Sell |
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
ADX buy sell signal for Promact stock for short term is SELL. Signal strength is Strong and stock is gaining 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 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 coming down
CCI has generated a buy signal for Promact in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 3.51 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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