(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 2024-05-15 View latest technical analysis
10 day averaged volume of Promact is 6934
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 11.97 | 11.97 | 11.97 | 11.97 | 0.42 times |
| 14 Tue May 2024 | 11.40 | 11.52 | 12.09 | 10.95 | 1.395 times |
| 13 Mon May 2024 | 11.52 | 12.12 | 12.72 | 11.52 | 0.816 times |
| 10 Fri May 2024 | 12.12 | 12.11 | 12.12 | 12.11 | 1.375 times |
| 09 Thu May 2024 | 11.55 | 11.52 | 11.55 | 11.45 | 0.564 times |
| 08 Wed May 2024 | 11.00 | 11.39 | 11.95 | 10.90 | 1.157 times |
| 07 Tue May 2024 | 11.39 | 11.75 | 11.75 | 11.39 | 1.269 times |
| 06 Mon May 2024 | 11.98 | 12.21 | 12.21 | 11.98 | 0.673 times |
| 03 Fri May 2024 | 12.61 | 13.04 | 13.35 | 12.20 | 0.82 times |
| 02 Thu May 2024 | 12.78 | 12.30 | 12.79 | 11.80 | 1.057 times |
My analysis of stock is bullish for shortterm, and stock might move up till 12.2 or till 12.7. Use a stoploss of 11.76 and if this stock hits its stoploss, then it can fall down till 11.32
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 |
| 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 | 11.04 |
| Downside Intraday Target | 10.11 |
| Upside Intraday Target | 12.81 |
| Upside Intraday Target | 13.65 |
| Downside Intraday Target | 11.88 |
Weekly technical analysis of Promact (Promact)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 11.97 | 12.12 | 12.72 | 10.95 | 0.522 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 |
| 15 Wed May 2024 | 11.97 | 12.30 | 13.35 | 10.90 | 0.686 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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
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 11.8 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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
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 11.8 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 further forecast and predictions for tomorrow