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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 7271

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 11.39 11.75 11.75 11.39 1.21 times
06 Mon May 2024 11.98 12.21 12.21 11.98 0.642 times
03 Fri May 2024 12.61 13.04 13.35 12.20 0.782 times
02 Thu May 2024 12.78 12.30 12.79 11.80 1.008 times
30 Tue Apr 2024 12.20 11.73 12.56 11.38 0.832 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.5, but if it comes above 11.5, then a intra day buy could be more profitable.
If you take a sell trade below 11.5, then use 11.5 as stoploss and 10.8 as target. However if you take a buy trade in stock , then use 11.5 as stoploss and 12.04 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
Upside Target 11.91
Upside Target 12.15
Upside Target 12.89
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 11.12
Downside Intraday Target 10.84
Upside Intraday Target 11.94
Upside Intraday Target 12.48
Upside Intraday Target 11.66

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 11.39 12.21 12.21 11.39 0.464 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
12 Fri Apr 2024 12.15 12.89 12.89 12.15 4.099 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
07 Tue May 2024 11.39 12.30 13.35 11.39 0.274 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 25, 32, 13 Sell
MACD -1, -1Buy
Stochastics 48None
CCI -57Sell
RSI 57Buy
OBV 1476Sell
VWAP 12Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Promact ( (Promact) ) based on a short to mid 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.

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 gaining momentum.

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

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 in or above 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 but buying is losing 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 11.85 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

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