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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)

10 day averaged volume of Promact is 1268

Date Daily Closing Price Open High Low Volume
02 Mon Aug 2021 3.28 3.28 3.28 3.28 0.177 times
30 Fri Jul 2021 3.14 3.14 3.14 3.14 0.244 times
29 Thu Jul 2021 3.30 3.30 3.63 3.30 1.211 times
28 Wed Jul 2021 3.46 3.46 3.46 3.46 1.314 times
27 Tue Jul 2021 3.55 3.55 3.55 3.55 0.001 times
26 Mon Jul 2021 3.39 3.39 3.39 3.39 0.752 times
23 Fri Jul 2021 3.23 3.23 3.40 3.23 0.207 times
22 Thu Jul 2021 3.40 3.40 3.40 3.40 0.078 times
20 Tue Jul 2021 3.57 3.57 3.57 3.57 1.462 times
14 Wed Jul 2021 3.75 3.76 3.76 3.75 2.367 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 3.2 as stoploss in an intra day buy trade for a target of 3.47. However, stock will show a bearish move below 3.2.

Share price targets for Promact (Promact)

Target Type Value
Downside Target 2.48
Downside Target 3.04
Downside Target 3.14
Downside Target 3.23
Upside Target 3.57
Upside Target 3.75
Upside Target 3.95
Upside Target 4.14
Upside Target 4.29
Upside Target 4.51
Upside Target 5.24

Intraday share price targets for Promact (Promact)

Target Type Value
Downside Intraday Target 3.28
Downside Intraday Target 3.28
Downside Intraday Target 3.28
Downside Intraday Target 3.28
Downside Intraday Target 3.28

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
02 Mon Aug 2021 3.28 3.28 3.28 3.28 0.05 times
30 Fri Jul 2021 3.14 3.39 3.63 3.14 2.017 times
23 Fri Jul 2021 3.23 3.57 3.57 3.23 0.322 times
14 Wed Jul 2021 3.75 4.14 4.14 3.75 2.333 times
09 Fri Jul 2021 3.95 3.34 3.95 3.34 0.519 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
02 Mon Aug 2021 3.28 3.28 3.28 3.28 0.012 times
30 Fri Jul 2021 3.14 3.04 4.14 3.04 0.183 times
30 Wed Jun 2021 2.90 4.29 4.29 2.48 252.636 times
27 Thu May 2021 4.51 5.24 5.24 4.51 420 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)

Indicator Name Indicator Value Indicator Signal
ADX 53, 47, 6 Buy
MACD -0, -0Sell
Stochastics 10Sell
CCI -75Buy
RSI 50Sell
OBV -1020Sell
VWAP 4Sell
ADL 0Sell
ROC -17Sell
Force Index 0Sell

Price action analysis of Promact ( (Promact) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY. 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 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Promact in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 3.52 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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