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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 2022-01-04 View latest technical analysis

10 day averaged volume of Promact is 2063

Date Daily Closing Price Open High Low Volume
04 Tue Jan 2022 4.50 4.50 4.50 4.28 0.596 times
03 Mon Jan 2022 4.50 4.71 4.71 4.50 1.727 times
31 Fri Dec 2021 4.50 4.74 4.74 4.50 0.805 times
30 Thu Dec 2021 4.52 4.10 4.52 4.10 2.68 times
29 Wed Dec 2021 4.31 4.31 4.31 3.91 0.83 times
28 Tue Dec 2021 4.11 4.29 4.29 4.11 0.612 times
27 Mon Dec 2021 4.09 4.09 4.51 4.09 0.211 times
24 Fri Dec 2021 4.30 4.30 4.30 4.09 0.737 times
23 Thu Dec 2021 4.30 4.33 4.33 3.93 0.997 times
22 Wed Dec 2021 4.13 4.17 4.17 3.79 0.929 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 4.27 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 4.28
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 4.28
Downside Intraday Target 4.07
Upside Intraday Target 4.71
Upside Intraday Target 4.93
Downside Intraday Target 4.5

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
04 Tue Jan 2022 4.50 4.71 4.71 4.28 0.452 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
04 Tue Jan 2022 4.50 4.71 4.71 4.28 0.095 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 26, 26, 0 Sell
MACD 1, 1Sell
Stochastics 75Buy
CCI 56Sell
RSI 51Buy
OBV 10247Sell
VWAP 4Buy
ADL 0Sell
ROC 13Buy
Force Index 0Sell

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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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

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 4.39 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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