(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 2024-04-10 View latest technical analysis
10 day averaged volume of Promact is 299
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Apr 2024 | 12.39 | 12.39 | 12.39 | 12.39 | 10.799 times |
| 09 Tue Apr 2024 | 12.64 | 12.64 | 12.64 | 12.64 | 0.766 times |
| 08 Mon Apr 2024 | 12.89 | 12.89 | 12.89 | 12.89 | 1.371 times |
| 05 Fri Apr 2024 | 13.15 | 13.15 | 13.15 | 13.15 | 2.619 times |
| 04 Thu Apr 2024 | 13.41 | 13.41 | 13.41 | 13.41 | 0.87 times |
| 03 Wed Apr 2024 | 13.68 | 13.68 | 13.68 | 13.68 | 0.391 times |
| 02 Tue Apr 2024 | 13.95 | 13.95 | 13.95 | 13.95 | 0.11 times |
| 01 Mon Apr 2024 | 14.23 | 14.23 | 14.23 | 14.23 | 3.445 times |
| 28 Thu Mar 2024 | 14.52 | 14.52 | 14.52 | 14.52 | 0.04 times |
| 27 Wed Mar 2024 | 14.81 | 14.81 | 14.81 | 14.81 | 0.338 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 13.3, but if it comes above 13.3, then a intra day buy could be more profitable.
If you take a sell trade below 13.3, then use 13.3 as stoploss and 11.3 as target. However if you take a buy trade in stock , then use 13.3 as stoploss and 15.06 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 | 12.39 |
| Upside Target | 12.89 |
| Upside Target | 13.15 |
| Upside Target | 14.23 |
| Upside Target | 14.52 |
| Upside Target | 15.11 |
| 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 | 12.22 |
| Downside Intraday Target | 12.06 |
| Upside Intraday Target | 12.72 |
| Upside Intraday Target | 13.06 |
| Upside Intraday Target | 12.56 |
Weekly technical analysis of Promact (Promact)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Apr 2024 | 12.39 | 12.89 | 12.89 | 12.39 | 1.74 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, 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 Wed Apr 2024 | 12.39 | 14.23 | 14.23 | 12.39 | 0.055 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 12.95 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 12.95 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.
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