(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 2022-01-18 View latest technical analysis
10 day averaged volume of Promact is 6663
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Tue Jan 2022 | 6.01 | 6.01 | 6.01 | 6.01 | 2.808 times |
| 17 Mon Jan 2022 | 5.73 | 5.73 | 5.73 | 5.73 | 1.098 times |
| 14 Fri Jan 2022 | 5.46 | 5.30 | 5.46 | 5.30 | 1.466 times |
| 13 Thu Jan 2022 | 5.20 | 5.20 | 5.20 | 5.10 | 2.588 times |
| 12 Wed Jan 2022 | 4.96 | 4.96 | 4.96 | 4.96 | 0.631 times |
| 11 Tue Jan 2022 | 4.73 | 4.73 | 4.73 | 4.72 | 0.645 times |
| 10 Mon Jan 2022 | 4.51 | 4.30 | 4.51 | 4.30 | 2.662 times |
| 07 Fri Jan 2022 | 4.30 | 4.72 | 4.72 | 4.28 | 0.442 times |
| 06 Thu Jan 2022 | 4.50 | 4.50 | 4.50 | 4.50 | 0.029 times |
| 05 Wed Jan 2022 | 4.29 | 4.72 | 4.72 | 4.29 | 0.255 times |
Stock of Promact (Promact) has showed a significant upmove. This could be a good time to enter in this stock!
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 5.8, for a target of 5.2 or 4.65
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 |
| Downside Target | 6.01 |
Intraday share price targets for Promact (Promact)
| Target Type | Value |
| Downside Intraday Target | 5.82 |
| Downside Intraday Target | 5.64 |
| Upside Intraday Target | 6.1 |
| Upside Intraday Target | 6.2 |
| Downside Intraday Target | 5.92 |
Weekly technical analysis of Promact (Promact)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Tue Jan 2022 | 6.01 | 5.73 | 6.01 | 5.73 | 0.489 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 |
| 18 Tue Jan 2022 | 6.01 | 4.71 | 6.01 | 4.28 | 1.764 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, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Promact (Promact)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 54, 18, 50 | Buy |
| MACD | 1, 1 | Buy |
| Stochastics | 100 | Buy |
| CCI | 144 | Buy |
| RSI | 57 | Buy |
| OBV | 84227 | Sell |
| VWAP | 5 | Buy |
| ADL | 0 | Sell |
| ROC | 34 | 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 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 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 5.22 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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