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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 2022-01-21 View latest technical analysis

10 day averaged volume of Promact is 9714

Date Daily Closing Price Open High Low Volume
21 Fri Jan 2022 5.39 5.38 5.94 5.38 0.643 times
20 Thu Jan 2022 5.66 6.00 6.00 5.66 0.253 times
19 Wed Jan 2022 5.95 6.01 6.31 5.71 1.283 times
18 Tue Jan 2022 6.01 6.01 6.01 6.01 1.926 times
17 Mon Jan 2022 5.73 5.73 5.73 5.73 0.753 times
14 Fri Jan 2022 5.46 5.30 5.46 5.30 1.005 times
13 Thu Jan 2022 5.20 5.20 5.20 5.10 1.775 times
12 Wed Jan 2022 4.96 4.96 4.96 4.96 0.433 times
11 Tue Jan 2022 4.73 4.73 4.73 4.72 0.442 times
10 Mon Jan 2022 4.51 4.30 4.51 4.30 1.826 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 5.5 as stoploss in an intra day sell trade for a target of 4.86. However, stock will show a bullish move above 5.5.

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 5.38
Upside Target 5.46
Upside Target 6.31

Intraday share price targets for Promact (Promact)

Target Type Value
Downside Intraday Target 5.08
Downside Intraday Target 4.76
Upside Intraday Target 6.01
Upside Intraday Target 6.62
Upside Intraday Target 5.69

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
21 Fri Jan 2022 5.39 5.73 6.31 5.38 0.886 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 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
21 Fri Jan 2022 5.39 4.71 6.31 4.28 2.184 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 35, 21, 26 Buy
MACD 1, 1Buy
Stochastics 68None
CCI 29Sell
RSI 54Buy
OBV 60060Sell
VWAP 5Buy
ADL 0Sell
ROC 25Buy
Force Index 0Sell

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 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 to mid term time period is

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 losing momentum.

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

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 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 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 5.38 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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