(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)
Intraday share price targets for Promact (Promact)
|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
Indicators analysis of Promact (Promact)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||18, 23, 12||Sell|
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