(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 2024-08-05 View latest technical analysis
10 day averaged volume of Promact is 7032
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 11.97 | 12.98 | 12.98 | 11.97 | 0.77 times |
| 02 Fri Aug 2024 | 12.59 | 13.40 | 13.56 | 12.56 | 0.61 times |
| 01 Thu Aug 2024 | 13.14 | 13.25 | 13.49 | 12.31 | 1.259 times |
| 31 Wed Jul 2024 | 12.95 | 14.31 | 14.31 | 12.95 | 1.199 times |
| 30 Tue Jul 2024 | 13.63 | 13.10 | 13.78 | 12.57 | 0.726 times |
| 29 Mon Jul 2024 | 13.21 | 13.45 | 13.96 | 12.72 | 0.779 times |
| 26 Fri Jul 2024 | 13.38 | 14.14 | 14.14 | 12.83 | 1.761 times |
| 25 Thu Jul 2024 | 13.50 | 13.59 | 14.25 | 13.20 | 0.583 times |
| 24 Wed Jul 2024 | 13.59 | 13.61 | 13.61 | 12.52 | 0.593 times |
| 23 Tue Jul 2024 | 12.97 | 13.00 | 13.00 | 12.40 | 0.126 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 12, for a target of 12.6 or 13.11
Share price targets for Promact (Promact)
| Target Type | Value |
| Downside Target | 10.75 |
| Downside Target | 11.90 |
| Upside Target | 12.98 |
| Upside Target | 13.56 |
| Upside Target | 13.75 |
| Upside Target | 14.23 |
| Upside Target | 14.25 |
| Upside Target | 14.31 |
| Upside Target | 14.45 |
| Upside Target | 14.52 |
| Upside Target | 14.69 |
Intraday share price targets for Promact (Promact)
| Target Type | Value |
| Downside Intraday Target | 11.63 |
| Downside Intraday Target | 11.3 |
| Upside Intraday Target | 12.64 |
| Upside Intraday Target | 13.32 |
| Upside Intraday Target | 12.31 |
Weekly technical analysis of Promact (Promact)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 11.97 | 12.98 | 12.98 | 11.97 | 0.168 times |
| 02 Fri Aug 2024 | 12.59 | 13.45 | 14.31 | 12.31 | 0.843 times |
| 26 Fri Jul 2024 | 13.38 | 12.05 | 14.25 | 11.90 | 1.484 times |
| 19 Fri Jul 2024 | 12.50 | 13.11 | 13.75 | 12.15 | 2.343 times |
| 12 Fri Jul 2024 | 13.11 | 13.93 | 14.45 | 13.00 | 0.722 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 |
| 05 Mon Aug 2024 | 11.97 | 13.25 | 13.56 | 11.97 | 0.17 times |
| 31 Wed Jul 2024 | 12.95 | 13.21 | 14.45 | 11.90 | 1.284 times |
| 28 Fri Jun 2024 | 13.48 | 13.86 | 14.69 | 12.99 | 0.71 times |
| 31 Fri May 2024 | 13.59 | 12.30 | 14.52 | 10.90 | 1.24 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Promact stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Promact in short term and the sell signal is strong.
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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Promact in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 13.12 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Promact stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Promact in short term and the sell signal is strong.
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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Promact in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 13.12 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 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.
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