(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 2022-01-03 View latest technical analysis
10 day averaged volume of Promact is 1907
Date | Daily Closing Price | Open | High | Low | Volume |
03 Mon Jan 2022 | 4.50 | 4.71 | 4.71 | 4.50 | 1.868 times |
31 Fri Dec 2021 | 4.50 | 4.74 | 4.74 | 4.50 | 0.87 times |
30 Thu Dec 2021 | 4.52 | 4.10 | 4.52 | 4.10 | 2.899 times |
29 Wed Dec 2021 | 4.31 | 4.31 | 4.31 | 3.91 | 0.898 times |
28 Tue Dec 2021 | 4.11 | 4.29 | 4.29 | 4.11 | 0.662 times |
27 Mon Dec 2021 | 4.09 | 4.09 | 4.51 | 4.09 | 0.228 times |
24 Fri Dec 2021 | 4.30 | 4.30 | 4.30 | 4.09 | 0.797 times |
23 Thu Dec 2021 | 4.30 | 4.33 | 4.33 | 3.93 | 1.079 times |
22 Wed Dec 2021 | 4.13 | 4.17 | 4.17 | 3.79 | 1.005 times |
21 Tue Dec 2021 | 3.98 | 3.98 | 3.98 | 3.98 | 0.511 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4.4, but if it comes below 4.4, then a intra day sell could be more profitable.
If you take a sell trade below 4.4, then use 4.4 as stoploss and 4.26 as target. However if you take a buy trade in stock , then use 4.4 as stoploss and 4.6 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 | 3.13 |
Downside Target | 3.48 |
Downside Target | 3.65 |
Downside Target | 3.79 |
Downside Target | 3.91 |
Downside Target | 4.34 |
Downside Target | 4.50 |
Upside Target | 4.65 |
Upside Target | 4.71 |
Upside Target | 4.74 |
Intraday share price targets for Promact (Promact)
Target Type | Value |
Downside Intraday Target | 4.43 |
Downside Intraday Target | 4.36 |
Upside Intraday Target | 4.64 |
Upside Intraday Target | 4.78 |
Upside Intraday Target | 4.57 |
Weekly technical analysis of Promact (Promact)
Date | Weekly Closing Price | Open | High | Low | Volume |
03 Mon Jan 2022 | 4.50 | 4.71 | 4.71 | 4.50 | 0.336 times |
31 Fri Dec 2021 | 4.50 | 4.09 | 4.74 | 3.91 | 1.251 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 |
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 |
03 Mon Jan 2022 | 4.50 | 4.71 | 4.71 | 4.50 | 0.071 times |
31 Fri Dec 2021 | 4.50 | 3.65 | 4.74 | 3.65 | 3.652 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 |
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 | 29, 18, 23 | Buy |
MACD | 1, 1 | Sell |
Stochastics | 83 | Buy |
CCI | 137 | Sell |
RSI | 51 | Buy |
OBV | 16086 | Sell |
VWAP | 4 | Buy |
ADL | 0 | Sell |
ROC | 8 | Buy |
Force Index | 0 | Sell |
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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Promact in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Promact Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Promact in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 4.36 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.
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