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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 4805

Date Daily Closing Price Open High Low Volume
07 Wed Dec 2022 3.83 4.00 4.00 3.83 0.15 times
06 Tue Dec 2022 3.83 3.80 3.83 3.47 3.367 times
05 Mon Dec 2022 3.65 3.48 3.65 3.32 0.422 times
02 Fri Dec 2022 3.48 3.48 3.48 3.48 3.696 times
01 Thu Dec 2022 3.66 3.71 3.71 3.66 1.573 times
30 Wed Nov 2022 3.85 3.84 3.85 3.84 0.002 times
29 Tue Nov 2022 4.04 4.04 4.04 3.71 0.205 times
28 Mon Nov 2022 3.85 4.24 4.24 3.85 0.366 times
25 Fri Nov 2022 4.04 3.88 4.04 3.88 0.061 times
24 Thu Nov 2022 3.87 3.61 3.87 3.61 0.283 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 3.9 as stoploss in an intra day sell trade for a target of 3.71. However, stock will show a bullish move above 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
Downside Target 3.71
Upside Target 4.00
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 3.04
Upside Intraday Target 4.11
Upside Intraday Target 4.4
Downside Intraday Target 3.72

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
07 Wed Dec 2022 3.83 3.48 4.00 3.32 0.674 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
07 Wed Dec 2022 3.83 3.71 4.00 3.32 3.567 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 36, 23, 23 Buy
MACD 0, 0Sell
Stochastics 49None
CCI 48Buy
RSI 46Sell
OBV -268Sell
VWAP 4Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Promact ( (Promact) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Promact ( (Promact) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 buy signal for Promact in short term and BUY signal is strong.

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 3.68 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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