(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 2024-02-02 View latest technical analysis
10 day averaged volume of Promact is 9034
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 8.79 | 9.34 | 9.34 | 8.70 | 0.721 times |
| 01 Thu Feb 2024 | 8.90 | 9.06 | 9.30 | 8.62 | 0.626 times |
| 31 Wed Jan 2024 | 9.01 | 9.13 | 9.50 | 8.74 | 1.471 times |
| 30 Tue Jan 2024 | 9.13 | 9.50 | 9.50 | 8.69 | 0.487 times |
| 29 Mon Jan 2024 | 9.06 | 9.00 | 9.38 | 8.55 | 1.948 times |
| 25 Thu Jan 2024 | 9.00 | 8.80 | 9.24 | 8.48 | 1.098 times |
| 24 Wed Jan 2024 | 8.80 | 9.42 | 9.42 | 8.70 | 1.141 times |
| 23 Tue Jan 2024 | 8.98 | 9.12 | 9.12 | 8.56 | 0.683 times |
| 22 Mon Jan 2024 | 8.94 | 9.13 | 9.13 | 8.40 | 0.446 times |
| 19 Fri Jan 2024 | 8.74 | 8.37 | 8.78 | 8.08 | 1.402 times |
My analysis of stock is bullish for shortterm, and stock might move up till 9 or till 9.6. Use a stoploss of 8.61 and if this stock hits its stoploss, then it can fall down till 8.18
Share price targets for Promact (Promact)
| Target Type | Value |
| Downside Target | 6.04 |
| Downside Target | 6.18 |
| Downside Target | 6.61 |
| Downside Target | 7.40 |
| Downside Target | 7.57 |
| Downside Target | 8.40 |
| Downside Target | 8.62 |
| Downside Target | 8.78 |
| Upside Target | 9.17 |
| Upside Target | 9.34 |
| Upside Target | 9.42 |
| Upside Target | 9.50 |
Intraday share price targets for Promact (Promact)
| Target Type | Value |
| Downside Intraday Target | 8.39 |
| Downside Intraday Target | 8 |
| Upside Intraday Target | 9.34 |
| Upside Intraday Target | 9.9 |
| Upside Intraday Target | 8.95 |
Weekly technical analysis of Promact (Promact)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 8.79 | 9.00 | 9.50 | 8.55 | 1.56 times |
| 25 Thu Jan 2024 | 9.00 | 9.13 | 9.42 | 8.40 | 0.632 times |
| 19 Fri Jan 2024 | 8.74 | 8.64 | 8.78 | 7.70 | 0.735 times |
| 12 Fri Jan 2024 | 8.64 | 7.75 | 9.17 | 7.57 | 1.029 times |
| 05 Fri Jan 2024 | 7.57 | 7.00 | 7.62 | 6.61 | 0.893 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 |
| 02 Fri Feb 2024 | 8.79 | 9.06 | 9.34 | 8.62 | 0.05 times |
| 31 Wed Jan 2024 | 9.01 | 7.00 | 9.50 | 6.61 | 1.231 times |
| 29 Fri Dec 2023 | 6.76 | 6.65 | 7.40 | 6.29 | 2.742 times |
| 30 Thu Nov 2023 | 7.00 | 7.66 | 7.66 | 6.04 | 2.229 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 8.93 and Promact (Promact) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Promact (Promact) stock. Volume based technical analysis of Promact (Promact) stock is negative.
Promact Stock is giving positive 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 8.93 and Promact (Promact) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Promact (Promact) stock. Volume based technical analysis of Promact (Promact) stock is negative.
Promact Stock is giving positive 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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