(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 2024-05-22 View latest technical analysis
10 day averaged volume of Promact is 7919
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 14.51 | 14.23 | 14.51 | 14.23 | 0.259 times |
| 21 Tue May 2024 | 14.52 | 14.46 | 14.52 | 13.14 | 2.42 times |
| 18 Sat May 2024 | 13.83 | 13.44 | 13.83 | 13.18 | 0.565 times |
| 17 Fri May 2024 | 13.18 | 13.18 | 13.18 | 13.18 | 0.976 times |
| 16 Thu May 2024 | 12.56 | 12.56 | 12.56 | 12.56 | 1.024 times |
| 15 Wed May 2024 | 11.97 | 11.97 | 11.97 | 11.97 | 0.368 times |
| 14 Tue May 2024 | 11.40 | 11.52 | 12.09 | 10.95 | 1.221 times |
| 13 Mon May 2024 | 11.52 | 12.12 | 12.72 | 11.52 | 0.715 times |
| 10 Fri May 2024 | 12.12 | 12.11 | 12.12 | 12.11 | 1.204 times |
| 09 Thu May 2024 | 11.55 | 11.52 | 11.55 | 11.45 | 0.494 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 14.5, for a target of 13.3 or 12.28
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 | 11.38 |
| Downside Target | 12.21 |
| Downside Target | 13.14 |
| Downside Target | 13.40 |
| Downside Target | 13.83 |
| Downside Target | 14.23 |
| Upside Target | 14.52 |
| Upside Target | 18.76 |
Intraday share price targets for Promact (Promact)
| Target Type | Value |
| Downside Intraday Target | 13.59 |
| Downside Intraday Target | 12.68 |
| Upside Intraday Target | 14.97 |
| Upside Intraday Target | 15.44 |
| Downside Intraday Target | 14.06 |
Weekly technical analysis of Promact (Promact)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 14.51 | 14.46 | 14.52 | 13.14 | 0.55 times |
| 18 Sat May 2024 | 13.83 | 12.12 | 13.83 | 10.95 | 1.103 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 |
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 |
| 22 Wed May 2024 | 14.51 | 12.30 | 14.52 | 10.90 | 1.116 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 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 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 neutral. A longer time frame might give a better analysis.
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 losing momentum.
MACD generated a BUY signal for Promact in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
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 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 negative zone. This is the SELL 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 12.9 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 losing momentum.
MACD generated a BUY signal for Promact in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
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 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 negative zone. This is the SELL 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 12.9 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 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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