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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 1425

Date Daily Closing Price Open High Low Volume
02 Fri Dec 2022 3.48 3.48 3.48 3.48 12.464 times
01 Thu Dec 2022 3.66 3.71 3.71 3.66 5.305 times
30 Wed Nov 2022 3.85 3.84 3.85 3.84 0.006 times
29 Tue Nov 2022 4.04 4.04 4.04 3.71 0.691 times
28 Mon Nov 2022 3.85 4.24 4.24 3.85 1.236 times
25 Fri Nov 2022 4.04 3.88 4.04 3.88 0.204 times
24 Thu Nov 2022 3.87 3.61 3.87 3.61 0.953 times
23 Wed Nov 2022 3.71 3.71 3.71 3.71 0.084 times
22 Tue Nov 2022 3.70 3.70 3.70 3.70 0.004 times
21 Mon Nov 2022 3.88 3.88 3.88 3.88 0.076 times

Stock of Promact (Promact) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.5, but if it comes above 3.5, then a intra day buy could be more profitable.
If you take a sell trade below 3.5, then use 3.5 as stoploss and 3.2 as target. However if you take a buy trade in stock , then use 3.5 as stoploss and 3.68 as target.

Share price targets for Promact (Promact)

Target Type Value
Downside Target 3.07
Downside Target 3.19
Downside Target 3.28
Downside Target 3.40
Downside Target 3.48
Upside Target 3.59
Upside Target 3.71
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 3.23
Downside Intraday Target 2.97
Upside Intraday Target 3.99
Upside Intraday Target 4.49
Upside Intraday Target 3.73

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
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
04 Fri Nov 2022 3.28 3.54 3.59 3.28 122 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Promact (Promact)

Date Monthly Closing Price Open High Low Volume
02 Fri Dec 2022 3.48 3.71 3.71 3.48 2.041 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 25, 35, 17 Sell
MACD 0, 0Sell
Stochastics 15Sell
CCI -166Sell
RSI 44Sell
OBV -20365Sell
VWAP 4Sell
ADL 0Sell
ROC -10Sell
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 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 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 gaining momentum.

MACD generated a SELL signal for Promact in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Promact in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 below this level. This means that stock is falling with high volumes. 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.

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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