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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 2022-01-17 View latest technical analysis

10 day averaged volume of Promact is 6288

Date Daily Closing Price Open High Low Volume
17 Mon Jan 2022 5.73 5.73 5.73 5.73 1.163 times
14 Fri Jan 2022 5.46 5.30 5.46 5.30 1.553 times
13 Thu Jan 2022 5.20 5.20 5.20 5.10 2.742 times
12 Wed Jan 2022 4.96 4.96 4.96 4.96 0.669 times
11 Tue Jan 2022 4.73 4.73 4.73 4.72 0.683 times
10 Mon Jan 2022 4.51 4.30 4.51 4.30 2.821 times
07 Fri Jan 2022 4.30 4.72 4.72 4.28 0.469 times
06 Thu Jan 2022 4.50 4.50 4.50 4.50 0.031 times
05 Wed Jan 2022 4.29 4.72 4.72 4.29 0.27 times
04 Tue Jan 2022 4.50 4.50 4.50 4.28 0.195 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 5.5, for a target of 5 or 4.55

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
Downside Target 4.40
Downside Target 4.72
Downside Target 5.46
Downside Target 5.73

Intraday share price targets for Promact (Promact)

Target Type Value
Downside Intraday Target 5.73
Downside Intraday Target 5.73
Downside Intraday Target 5.73
Downside Intraday Target 5.73
Downside Intraday Target 5.73

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
17 Mon Jan 2022 5.73 5.73 5.73 5.73 0.137 times
14 Fri Jan 2022 5.46 4.30 5.46 4.30 5.529 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

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
17 Mon Jan 2022 5.73 4.71 5.73 4.28 1.393 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 50, 18, 47 Buy
MACD 1, 1Buy
Stochastics 100Buy
CCI 153Buy
RSI 56Buy
OBV 63514Sell
VWAP 5Buy
ADL 0Sell
ROC 27Buy
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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Promact in short term and the buy signal is strong.

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 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 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 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 4.99 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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