(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 further forecast and predictions for tomorrow