Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-06-10 View latest technical analysis

10 day averaged volume of Promact is 1284

Date Daily Closing Price Open High Low Volume
10 Fri Jun 2022 4.00 3.71 4.30 3.71 2.824 times
09 Thu Jun 2022 4.11 4.35 4.85 4.07 1.553 times
08 Wed Jun 2022 4.49 4.55 4.55 3.81 0.858 times
07 Tue Jun 2022 4.14 4.59 4.75 4.14 1.741 times
06 Mon Jun 2022 4.59 4.65 4.65 3.84 2.072 times
03 Fri Jun 2022 4.25 4.13 4.25 4.13 0.192 times
02 Thu Jun 2022 4.11 4.55 4.55 4.11 0.203 times
01 Wed Jun 2022 4.55 4.80 4.80 4.55 1.16 times
31 Tue May 2022 4.50 3.70 4.50 3.70 0.477 times
30 Mon May 2022 4.10 4.69 4.69 4.10 0.077 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 4.1, but if it comes above 4.1, then a intra day buy could be more profitable.
If you take a sell trade below 4.1, then use 4.1 as stoploss and 3.8 as target. However if you take a buy trade in stock , then use 4.1 as stoploss and 4.39 as target.

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
Upside Target 4.11
Upside Target 4.26
Upside Target 4.55
Upside Target 4.70
Upside Target 4.80
Upside Target 4.85
Upside Target 4.99
Upside Target 5.21

Intraday share price targets for Promact (Promact)

Target Type Value
Downside Intraday Target 3.52
Downside Intraday Target 3.05
Upside Intraday Target 4.66
Upside Intraday Target 5.33
Upside Intraday Target 4.19

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
10 Fri Jun 2022 4.00 4.65 4.85 3.71 4.292 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 1.53 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
10 Fri Jun 2022 4.00 4.80 4.85 3.71 0.574 times
31 Tue May 2022 4.50 4.22 4.99 3.35 0.437 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 21, 26, 10 Sell
MACD 0, 0Sell
Stochastics 43None
CCI -197Sell
RSI 47Sell
OBV -5591Sell
VWAP 4Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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 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 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 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 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 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 but selling is losing 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 4.27 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 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme