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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 2022-05-30 View latest technical analysis

10 day averaged volume of Promact is 992

Date Daily Closing Price Open High Low Volume
30 Mon May 2022 4.10 4.69 4.69 4.10 0.1 times
27 Fri May 2022 4.37 4.37 4.37 4.37 2.155 times
26 Thu May 2022 4.85 4.06 4.85 4.06 2.181 times
25 Wed May 2022 4.50 4.50 4.50 4.50 2.045 times
24 Tue May 2022 4.99 4.18 4.99 4.18 0.096 times
23 Mon May 2022 4.64 3.81 4.64 3.81 0.222 times
20 Fri May 2022 4.23 4.70 4.70 4.23 1.615 times
19 Thu May 2022 4.70 3.87 4.70 3.87 0.282 times
18 Wed May 2022 4.30 4.30 4.30 4.30 0.001 times
16 Mon May 2022 4.02 3.87 4.69 3.87 0.326 times

My analysis of stock is bearish for shortterm, and stock might move down till 3.9 or till 3.5. Use a stoploss of 4.26 and if the stock hits stoploss, then it can shoot up till 4.62

Share price targets for Promact (Promact)

Target Type Value
Downside Target 3.15
Downside Target 3.35
Downside Target 3.47
Downside Target 3.58
Downside Target 3.81
Downside Target 4.10
Upside Target 4.26
Upside Target 4.55
Upside Target 4.69
Upside Target 4.70
Upside Target 4.99
Upside Target 5.21
Upside Target 6.31

Intraday share price targets for Promact (Promact)

Target Type Value
Downside Intraday Target 3.9
Downside Intraday Target 3.71
Upside Intraday Target 4.49
Upside Intraday Target 4.89
Upside Intraday Target 4.3

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
30 Mon May 2022 4.10 4.69 4.69 4.10 0.015 times
27 Fri May 2022 4.37 3.81 4.99 3.81 3.013 times
20 Fri May 2022 4.23 3.87 4.70 3.87 0.258 times
13 Fri May 2022 4.30 4.30 4.58 3.58 1.812 times
06 Fri May 2022 3.97 4.22 4.60 3.35 2.026 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
30 Mon May 2022 4.10 4.22 4.99 3.35 0.41 times
29 Fri Apr 2022 3.84 3.30 4.26 3.15 1.431 times
31 Thu Mar 2022 3.47 4.23 4.55 3.47 0.643 times
28 Mon Feb 2022 4.45 4.70 5.21 4.11 0.469 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Promact (Promact)

Indicator Name Indicator Value Indicator Signal
ADX 18, 23, 12 Sell
MACD 0, 0Sell
Stochastics 53None
CCI -68Sell
RSI 50Buy
OBV 2345Sell
VWAP 5Sell
ADL 0Sell
ROC -5Sell
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 but the sell signal is initial and weak.

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 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Promact is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4.5 and Promact (Promact) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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

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Daily charts

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Daily chart

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