(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 2024-05-17 View latest technical analysis
10 day averaged volume of Promact is 6698
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 13.18 | 13.18 | 13.18 | 13.18 | 1.154 times |
| 16 Thu May 2024 | 12.56 | 12.56 | 12.56 | 12.56 | 1.211 times |
| 15 Wed May 2024 | 11.97 | 11.97 | 11.97 | 11.97 | 0.435 times |
| 14 Tue May 2024 | 11.40 | 11.52 | 12.09 | 10.95 | 1.444 times |
| 13 Mon May 2024 | 11.52 | 12.12 | 12.72 | 11.52 | 0.845 times |
| 10 Fri May 2024 | 12.12 | 12.11 | 12.12 | 12.11 | 1.424 times |
| 09 Thu May 2024 | 11.55 | 11.52 | 11.55 | 11.45 | 0.584 times |
| 08 Wed May 2024 | 11.00 | 11.39 | 11.95 | 10.90 | 1.198 times |
| 07 Tue May 2024 | 11.39 | 11.75 | 11.75 | 11.39 | 1.314 times |
| 06 Mon May 2024 | 11.98 | 12.21 | 12.21 | 11.98 | 0.697 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 13.1, for a target of 12.4 or 11.89
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 |
| Downside Target | 13.18 |
| 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 | 11.69 |
| Downside Intraday Target | 10.21 |
| Upside Intraday Target | 13.92 |
| Upside Intraday Target | 14.67 |
| Downside Intraday Target | 12.44 |
Weekly technical analysis of Promact (Promact)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 13.18 | 12.12 | 13.18 | 10.95 | 0.975 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 |
| 17 Fri May 2024 | 13.18 | 12.30 | 13.35 | 10.90 | 0.85 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 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 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 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 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls 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
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 11.87 and Promact (Promact) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 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 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls 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
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 11.87 and Promact (Promact) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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