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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 2024-04-08 View latest technical analysis

10 day averaged volume of Promact is 269

Date Daily Closing Price Open High Low Volume
08 Mon Apr 2024 12.89 12.89 12.89 12.89 1.524 times
05 Fri Apr 2024 13.15 13.15 13.15 13.15 2.911 times
04 Thu Apr 2024 13.41 13.41 13.41 13.41 0.967 times
03 Wed Apr 2024 13.68 13.68 13.68 13.68 0.435 times
02 Tue Apr 2024 13.95 13.95 13.95 13.95 0.123 times
01 Mon Apr 2024 14.23 14.23 14.23 14.23 3.829 times
28 Thu Mar 2024 14.52 14.52 14.52 14.52 0.045 times
27 Wed Mar 2024 14.81 14.81 14.81 14.81 0.375 times
26 Tue Mar 2024 15.11 15.11 15.11 15.11 0.059 times
22 Fri Mar 2024 15.41 15.41 15.41 15.41 0.788 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.9, but if it comes above 13.9, then a intra day buy could be more profitable.
If you take a sell trade below 13.9, then use 13.9 as stoploss and 11.8 as target. However if you take a buy trade in stock , then use 13.9 as stoploss and 15.62 as target.

Share price targets for Promact (Promact)

Target Type Value
Downside Target 6.29
Downside Target 6.61
Downside Target 7.40
Downside Target 7.98
Downside Target 9.50
Downside Target 12.89
Upside Target 13.15
Upside Target 14.23
Upside Target 14.52
Upside Target 15.11
Upside Target 15.41
Upside Target 16.69
Upside Target 17.00
Upside Target 18.76

Intraday share price targets for Promact (Promact)

Target Type Value
Downside Intraday Target 12.89
Downside Intraday Target 12.89
Downside Intraday Target 12.89
Downside Intraday Target 12.89
Downside Intraday Target 12.89

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
08 Mon Apr 2024 12.89 12.89 12.89 12.89 0.184 times
05 Fri Apr 2024 13.15 14.23 14.23 13.15 17.233 times
28 Thu Mar 2024 14.52 15.11 15.11 14.52 0.047 times
22 Fri Mar 2024 15.41 16.69 16.69 15.41 0.072 times
15 Fri Mar 2024 17.03 18.76 18.76 17.00 0.626 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
08 Mon Apr 2024 12.89 14.23 14.23 12.89 0.024 times
28 Thu Mar 2024 14.52 14.01 18.76 13.40 0.366 times
29 Thu Feb 2024 13.35 9.06 13.35 7.98 1.243 times
31 Wed Jan 2024 9.01 7.00 9.50 6.61 1.231 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)

Price action analysis of Promact ( (Promact) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Promact ( (Promact) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Promact ( (Promact) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 gaining momentum.

MACD generated a SELL signal for Promact in short term but the sell signal is initial and weak.

Promact Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 negative zone. This is the SELL zone

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 13.77 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Promact ( (Promact) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Promact ( (Promact) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Promact ( (Promact) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 gaining momentum.

MACD generated a SELL signal for Promact in short term but the sell signal is initial and weak.

Promact Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 negative zone. This is the SELL zone

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 13.77 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 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

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Daily chart
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