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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 2021-12-29 View latest technical analysis

10 day averaged volume of Promact is 1842

Date Daily Closing Price Open High Low Volume
29 Wed Dec 2021 4.31 4.31 4.31 3.91 0.929 times
28 Tue Dec 2021 4.11 4.29 4.29 4.11 0.686 times
27 Mon Dec 2021 4.09 4.09 4.51 4.09 0.236 times
24 Fri Dec 2021 4.30 4.30 4.30 4.09 0.825 times
23 Thu Dec 2021 4.30 4.33 4.33 3.93 1.117 times
22 Wed Dec 2021 4.13 4.17 4.17 3.79 1.041 times
21 Tue Dec 2021 3.98 3.98 3.98 3.98 0.529 times
20 Mon Dec 2021 4.18 4.40 4.40 4.18 1.089 times
17 Fri Dec 2021 4.40 3.99 4.40 3.99 1.646 times
16 Thu Dec 2021 4.20 4.30 4.30 4.20 0.498 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4.3, but if it comes below 4.3, then a intra day sell could be more profitable.
If you take a sell trade below 4.3, then use 4.3 as stoploss and 4.18 as target. However if you take a buy trade in stock , then use 4.3 as stoploss and 4.5 as target.

Share price targets for Promact (Promact)

Target Type Value
Downside Target 1.98
Downside Target 2.14
Downside Target 2.23
Downside Target 2.71
Downside Target 2.85
Downside Target 3.13
Downside Target 3.32
Downside Target 3.48
Downside Target 3.65
Downside Target 3.79
Downside Target 3.91
Upside Target 4.34
Upside Target 4.40
Upside Target 4.51
Upside Target 4.65

Intraday share price targets for Promact (Promact)

Target Type Value
Downside Intraday Target 3.98
Downside Intraday Target 3.64
Upside Intraday Target 4.58
Upside Intraday Target 4.84
Downside Intraday Target 4.24

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
29 Wed Dec 2021 4.31 4.09 4.51 3.91 0.402 times
24 Fri Dec 2021 4.30 4.40 4.40 3.79 0.769 times
17 Fri Dec 2021 4.40 4.50 4.65 3.99 0.756 times
10 Fri Dec 2021 4.34 4.22 4.34 3.94 1.938 times
03 Fri Dec 2021 4.02 3.32 4.02 3.32 1.084 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
29 Wed Dec 2021 4.31 3.65 4.65 3.65 3.131 times
30 Tue Nov 2021 3.48 2.14 3.48 2.14 0.359 times
28 Thu Oct 2021 2.23 2.50 3.13 2.23 3.823 times
30 Thu Sep 2021 2.39 2.71 2.71 1.98 1.863 times

Scroll below to view daily charts

Price has moved up 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 21, 25, 8 Sell
MACD 1, 1Sell
Stochastics 51None
CCI 1Buy
RSI 48Sell
OBV 17949Sell
VWAP 4Buy
ADL 0Sell
ROC 5Buy
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Promact ( (Promact) ) based on a short to mid term time period is

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 but the sell signal is initial and weak.

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. Bulls 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 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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Promact is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4.24 and Promact (Promact) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Promact (Promact) stock. Volume based technical analysis of Promact (Promact) stock is negative.

Promact Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Promact charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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