(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 2022-06-06 View latest technical analysis
10 day averaged volume of Promact is 935
|Date||Daily Closing Price||Open||High||Low||Volume|
|06 Mon Jun 2022||4.59||4.65||4.65||3.84||2.845 times|
|03 Fri Jun 2022||4.25||4.13||4.25||4.13||0.263 times|
|02 Thu Jun 2022||4.11||4.55||4.55||4.11||0.279 times|
|01 Wed Jun 2022||4.55||4.80||4.80||4.55||1.593 times|
|31 Tue May 2022||4.50||3.70||4.50||3.70||0.655 times|
|30 Mon May 2022||4.10||4.69||4.69||4.10||0.106 times|
|27 Fri May 2022||4.37||4.37||4.37||4.37||2.287 times|
|26 Thu May 2022||4.85||4.06||4.85||4.06||2.314 times|
|25 Wed May 2022||4.50||4.50||4.50||4.50||2.17 times|
|24 Tue May 2022||4.99||4.18||4.99||4.18||0.102 times|
Stock of Promact (Promact) has showed a significant upmove. This could be a good time to enter in this stock!
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 4.7 as stoploss in an intra day sell trade for a target of 4.36. However, stock will show a bullish move above 4.7.
Share price targets for Promact (Promact)
Intraday share price targets for Promact (Promact)
|Downside Intraday Target||4.07|
|Downside Intraday Target||3.55|
|Upside Intraday Target||4.88|
|Upside Intraday Target||5.17|
|Downside Intraday Target||4.36|
Weekly technical analysis of Promact (Promact)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|06 Mon Jun 2022||4.59||4.65||4.65||3.84||0.983 times|
|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|
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|
|06 Mon Jun 2022||4.59||4.80||4.80||3.84||0.204 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 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||23, 25, 4||Sell|
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 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 to mid 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 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.
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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Promact in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 4.55 and Promact (Promact) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.