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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 2022-01-11 View latest technical analysis

10 day averaged volume of Promact is 3753

Date Daily Closing Price Open High Low Volume
11 Tue Jan 2022 4.73 4.73 4.73 4.72 1.145 times
10 Mon Jan 2022 4.51 4.30 4.51 4.30 4.727 times
07 Fri Jan 2022 4.30 4.72 4.72 4.28 0.786 times
06 Thu Jan 2022 4.50 4.50 4.50 4.50 0.052 times
05 Wed Jan 2022 4.29 4.72 4.72 4.29 0.452 times
04 Tue Jan 2022 4.50 4.50 4.50 4.28 0.327 times
03 Mon Jan 2022 4.50 4.71 4.71 4.50 0.949 times
31 Fri Dec 2021 4.50 4.74 4.74 4.50 0.442 times
30 Thu Dec 2021 4.52 4.10 4.52 4.10 1.473 times
29 Wed Dec 2021 4.31 4.31 4.31 3.91 0.456 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 4.7, for a target of 4.5 or 4.32

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 4.65
Downside Target 4.73
Upside Target 4.74

Intraday share price targets for Promact (Promact)

Target Type Value
Downside Intraday Target 4.44
Downside Intraday Target 4.16
Upside Intraday Target 4.87
Upside Intraday Target 5.02
Downside Intraday Target 4.59

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
11 Tue Jan 2022 4.73 4.30 4.73 4.30 2.288 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
11 Tue Jan 2022 4.73 4.71 4.73 4.28 0.628 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 29, 18, 23 Buy
MACD 1, 1Sell
Stochastics 73Buy
CCI 170Buy
RSI 52Buy
OBV 23669Sell
VWAP 5Buy
ADL 0Sell
ROC 15Buy
Force Index 0Sell

Price action analysis of Promact ( (Promact) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Promact ( (Promact) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining 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 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

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 4.5 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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