(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 2022-06-29 View latest technical analysis
10 day averaged volume of Promact is 968
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Jun 2022 | 3.31 | 3.31 | 3.31 | 3.31 | 0.642 times |
| 27 Mon Jun 2022 | 3.45 | 3.45 | 3.45 | 3.45 | 0.001 times |
| 24 Fri Jun 2022 | 3.57 | 3.57 | 3.57 | 3.57 | 0.057 times |
| 23 Thu Jun 2022 | 3.57 | 3.57 | 3.57 | 3.57 | 0.118 times |
| 20 Mon Jun 2022 | 3.40 | 3.40 | 3.40 | 3.40 | 0.517 times |
| 17 Fri Jun 2022 | 3.40 | 3.40 | 3.40 | 3.40 | 0.001 times |
| 15 Wed Jun 2022 | 3.52 | 3.45 | 3.52 | 3.45 | 1.211 times |
| 14 Tue Jun 2022 | 3.77 | 3.77 | 3.77 | 3.77 | 0.598 times |
| 13 Mon Jun 2022 | 3.77 | 3.72 | 4.38 | 3.72 | 1.692 times |
| 10 Fri Jun 2022 | 4.00 | 3.71 | 4.30 | 3.71 | 3.746 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.5, but if it comes above 3.5, then a intra day buy could be more profitable.
If you take a sell trade below 3.5, then use 3.5 as stoploss and 3 as target. However if you take a buy trade in stock , then use 3.5 as stoploss and 3.95 as target.
Share price targets for Promact (Promact)
| Target Type | Value |
| Downside Target | 3.15 |
| Downside Target | 3.31 |
| Upside Target | 3.57 |
| Upside Target | 3.70 |
| Upside Target | 4.11 |
| Upside Target | 4.26 |
| Upside Target | 4.38 |
| Upside Target | 4.55 |
| 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 | 3.26 |
| Downside Intraday Target | 3.22 |
| Upside Intraday Target | 3.4 |
| Upside Intraday Target | 3.5 |
| Upside Intraday Target | 3.36 |
Weekly technical analysis of Promact (Promact)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Jun 2022 | 3.31 | 3.45 | 3.45 | 3.31 | 0.93 times |
| 24 Fri Jun 2022 | 3.57 | 3.40 | 3.57 | 3.40 | 0.197 times |
| 17 Fri Jun 2022 | 3.40 | 3.72 | 4.38 | 3.40 | 0.292 times |
| 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 |
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 |
| 29 Wed Jun 2022 | 3.31 | 4.80 | 4.85 | 3.31 | 0.772 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, 33, 22 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 5 | Sell |
| CCI | -99 | Sell |
| RSI | 52 | Buy |
| OBV | -5400 | Sell |
| VWAP | 4 | Sell |
| ADL | 0 | Sell |
| ROC | -19 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Promact ( (Promact) ) based on a short term time period is
Price action analysis of Promact ( (Promact) ) based on a short term time period is
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
ADX buy sell signal for Promact stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Promact in short term and the sell signal is strong.
Promact Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 3.77 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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