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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 2022-06-03 View latest technical analysis

10 day averaged volume of Promact is 1071

Date Daily Closing Price Open High Low Volume
03 Fri Jun 2022 4.25 4.13 4.25 4.13 0.23 times
02 Thu Jun 2022 4.11 4.55 4.55 4.11 0.244 times
01 Wed Jun 2022 4.55 4.80 4.80 4.55 1.39 times
31 Tue May 2022 4.50 3.70 4.50 3.70 0.571 times
30 Mon May 2022 4.10 4.69 4.69 4.10 0.092 times
27 Fri May 2022 4.37 4.37 4.37 4.37 1.996 times
26 Thu May 2022 4.85 4.06 4.85 4.06 2.021 times
25 Wed May 2022 4.50 4.50 4.50 4.50 1.894 times
24 Tue May 2022 4.99 4.18 4.99 4.18 0.089 times
23 Mon May 2022 4.64 3.81 4.64 3.81 0.205 times

My analysis of stock is bearish for shortterm, and stock might move down till 4 or till 3.6. Use a stoploss of 4.33 and if the stock hits stoploss, then it can shoot up till 4.66

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 3.70
Downside Target 3.81
Downside Target 4.11
Upside Target 4.26
Upside Target 4.55
Upside Target 4.70
Upside Target 4.80
Upside Target 4.99
Upside Target 5.21

Intraday share price targets for Promact (Promact)

Target Type Value
Downside Intraday Target 3.7
Downside Intraday Target 3.15
Upside Intraday Target 4.8
Upside Intraday Target 5.35
Downside Intraday Target 4.25

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
03 Fri Jun 2022 4.25 4.69 4.80 3.70 0.407 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
03 Fri Jun 2022 4.25 4.80 4.80 4.11 0.087 times
31 Tue May 2022 4.50 4.22 4.99 3.35 0.421 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

Scroll below to view daily charts

Price has moved down 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 19, 30, 23 Sell
MACD 0, 0Sell
Stochastics 47None
CCI -89Sell
RSI 47Sell
OBV 713Sell
VWAP 5Sell
ADL 0Sell
ROC 0Buy
Force Index 0Sell

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 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 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 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 Strong 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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 4.55 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 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

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Daily charts

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Daily chart

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