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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 2022-01-10 View latest technical analysis

10 day averaged volume of Promact is 2023

Date Daily Closing Price Open High Low Volume
10 Mon Jan 2022 4.51 4.30 4.51 4.30 8.769 times
07 Fri Jan 2022 4.30 4.72 4.72 4.28 1.457 times
06 Thu Jan 2022 4.50 4.50 4.50 4.50 0.096 times
05 Wed Jan 2022 4.29 4.72 4.72 4.29 0.839 times
04 Tue Jan 2022 4.50 4.50 4.50 4.28 0.608 times
03 Mon Jan 2022 4.50 4.71 4.71 4.50 1.761 times
31 Fri Dec 2021 4.50 4.74 4.74 4.50 0.821 times
30 Thu Dec 2021 4.52 4.10 4.52 4.10 2.733 times
29 Wed Dec 2021 4.31 4.31 4.31 3.91 0.846 times
28 Tue Dec 2021 4.11 4.29 4.29 4.11 0.624 times

Stock of Promact (Promact) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4.5, but if it comes below 4.5, then a intra day sell could be more profitable.
If you take a sell trade below 4.5, then use 4.5 as stoploss and 4.3 as target. However if you take a buy trade in stock , then use 4.5 as stoploss and 4.7 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 3.99
Downside Target 4.28
Downside Target 4.40
Downside Target 4.51
Upside Target 4.65
Upside Target 4.72
Upside Target 4.74

Intraday share price targets for Promact (Promact)

Target Type Value
Downside Intraday Target 4.37
Downside Intraday Target 4.23
Upside Intraday Target 4.58
Upside Intraday Target 4.65
Downside Intraday Target 4.44

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
10 Mon Jan 2022 4.51 4.30 4.51 4.30 1.842 times
07 Fri Jan 2022 4.30 4.71 4.72 4.28 0.909 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Promact (Promact)

Date Monthly Closing Price Open High Low Volume
10 Mon Jan 2022 4.51 4.71 4.72 4.28 0.543 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 up 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 21, 17, 9 Buy
MACD 0, 1Sell
Stochastics 63None
CCI 19Buy
RSI 51Buy
OBV 21176Sell
VWAP 4Buy
ADL 0Sell
ROC 10Buy
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak 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 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 BUY signal in short term and the buying is gaining 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 4.46 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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