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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 2024-05-14 View latest technical analysis

10 day averaged volume of Promact is 6964

Date Daily Closing Price Open High Low Volume
14 Tue May 2024 11.40 11.52 12.09 10.95 1.389 times
13 Mon May 2024 11.52 12.12 12.72 11.52 0.813 times
10 Fri May 2024 12.12 12.11 12.12 12.11 1.369 times
09 Thu May 2024 11.55 11.52 11.55 11.45 0.561 times
08 Wed May 2024 11.00 11.39 11.95 10.90 1.152 times
07 Tue May 2024 11.39 11.75 11.75 11.39 1.264 times
06 Mon May 2024 11.98 12.21 12.21 11.98 0.67 times
03 Fri May 2024 12.61 13.04 13.35 12.20 0.817 times
02 Thu May 2024 12.78 12.30 12.79 11.80 1.052 times
30 Tue Apr 2024 12.20 11.73 12.56 11.38 0.869 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 11.3 as stoploss in an intra day buy trade for a target of 11.76. However, stock will show a bearish move below 11.3.

Share price targets for Promact (Promact)

Target Type Value
Downside Target 6.61
Downside Target 7.98
Downside Target 9.50
Downside Target 10.75
Downside Target 11.27
Upside Target 11.91
Upside Target 12.21
Upside Target 12.72
Upside Target 13.35
Upside Target 13.40
Upside Target 14.23
Upside Target 18.76

Intraday share price targets for Promact (Promact)

Target Type Value
Downside Intraday Target 10.66
Downside Intraday Target 9.92
Upside Intraday Target 12.43
Upside Intraday Target 13.46
Upside Intraday Target 11.69

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
14 Tue May 2024 11.40 12.12 12.72 10.95 0.439 times
10 Fri May 2024 12.12 12.21 12.21 10.90 1.203 times
03 Fri May 2024 12.61 11.40 13.35 11.38 0.755 times
26 Fri Apr 2024 11.40 11.39 12.23 10.75 1.256 times
19 Fri Apr 2024 11.62 11.91 11.91 11.27 3.363 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
14 Tue May 2024 11.40 12.30 13.35 10.90 0.656 times
30 Tue Apr 2024 12.20 14.23 14.23 10.75 0.873 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

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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Promact in short term and the sell signal is strong.

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 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 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 11.82 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.

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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Promact in short term and the sell signal is strong.

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 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 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 11.82 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.

Click here for Promact charts

Click here for further forecast and predictions for tomorrow

Daily charts

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