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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)

10 day averaged volume of Promact is 2996

Date Daily Closing Price Open High Low Volume
05 Mon Dec 2022 3.65 3.48 3.65 3.32 0.676 times
02 Fri Dec 2022 3.48 3.48 3.48 3.48 5.928 times
01 Thu Dec 2022 3.66 3.71 3.71 3.66 2.523 times
30 Wed Nov 2022 3.85 3.84 3.85 3.84 0.003 times
29 Tue Nov 2022 4.04 4.04 4.04 3.71 0.329 times
28 Mon Nov 2022 3.85 4.24 4.24 3.85 0.588 times
25 Fri Nov 2022 4.04 3.88 4.04 3.88 0.097 times
24 Thu Nov 2022 3.87 3.61 3.87 3.61 0.453 times
23 Wed Nov 2022 3.71 3.71 3.71 3.71 0.04 times
22 Tue Nov 2022 3.70 3.70 3.70 3.70 0.002 times

My analysis of stock is bearish for shortterm, and stock might move down till 3.5 or till 3.2. Use a stoploss of 3.68 and if the stock hits stoploss, then it can shoot up till 3.9

Share price targets for Promact (Promact)

Target Type Value
Downside Target 3.07
Downside Target 3.19
Downside Target 3.32
Downside Target 3.40
Downside Target 3.48
Downside Target 3.61
Upside Target 4.04
Upside Target 4.05
Upside Target 4.07
Upside Target 4.09
Upside Target 4.24
Upside Target 4.39

Intraday share price targets for Promact (Promact)

Target Type Value
Downside Intraday Target 3.43
Downside Intraday Target 3.21
Upside Intraday Target 3.76
Upside Intraday Target 3.87
Downside Intraday Target 3.54

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
05 Mon Dec 2022 3.65 3.48 3.65 3.32 0.072 times
02 Fri Dec 2022 3.48 4.24 4.24 3.48 14.91 times
25 Fri Nov 2022 4.04 3.88 4.04 3.61 0.453 times
16 Wed Nov 2022 3.87 3.68 4.05 3.40 2.513 times
11 Fri Nov 2022 3.51 3.29 3.51 3.19 0.848 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
05 Mon Dec 2022 3.65 3.71 3.71 3.32 2.205 times
30 Wed Nov 2022 3.85 3.54 4.24 3.19 0.954 times
28 Fri Oct 2022 3.72 4.00 4.07 3.41 0.6 times
30 Fri Sep 2022 3.83 4.29 4.39 3.71 0.9 times

Scroll below to view daily charts

Price has moved down 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 29, 29, 0 Sell
MACD -0, 0Sell
Stochastics 15Sell
CCI -105Buy
RSI 45Sell
OBV -18349Sell
VWAP 4Buy
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Promact ( (Promact) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Promact in short term and the sell signal is strong.

Promact Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Promact in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 3.59 and Promact (Promact) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Promact (Promact) stock. Volume based technical analysis of Promact (Promact) stock is negative.

Promact Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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Daily chart

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