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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 2024-05-16 View latest technical analysis

10 day averaged volume of Promact is 6620

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 12.56 12.56 12.56 12.56 1.225 times
15 Wed May 2024 11.97 11.97 11.97 11.97 0.44 times
14 Tue May 2024 11.40 11.52 12.09 10.95 1.461 times
13 Mon May 2024 11.52 12.12 12.72 11.52 0.855 times
10 Fri May 2024 12.12 12.11 12.12 12.11 1.44 times
09 Thu May 2024 11.55 11.52 11.55 11.45 0.591 times
08 Wed May 2024 11.00 11.39 11.95 10.90 1.212 times
07 Tue May 2024 11.39 11.75 11.75 11.39 1.329 times
06 Mon May 2024 11.98 12.21 12.21 11.98 0.705 times
03 Fri May 2024 12.61 13.04 13.35 12.20 0.859 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 12.3, but if it comes below 12.3, then a intra day sell could be more profitable.
If you take a sell trade below 12.3, then use 12.3 as stoploss and 11.8 as target. However if you take a buy trade in stock , then use 12.3 as stoploss and 12.8 as target.

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
Downside Target 11.91
Downside 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 11.43
Downside Intraday Target 10.31
Upside Intraday Target 13.2
Upside Intraday Target 13.85
Downside Intraday Target 12.08

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 12.56 12.12 12.72 10.95 0.754 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 up 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
16 Thu May 2024 12.56 12.30 13.35 10.90 0.77 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 up 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Promact in short term and BUY 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

Stock of Promact is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.78 and Promact (Promact) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Promact in short term and BUY 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

Stock of Promact is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.78 and Promact (Promact) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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