(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 2024-08-20 View latest technical analysis
10 day averaged volume of Promact is 5499
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 11.97 | 11.92 | 11.99 | 11.14 | 0.3 times |
| 19 Mon Aug 2024 | 11.69 | 11.86 | 11.99 | 10.80 | 0.295 times |
| 16 Fri Aug 2024 | 11.62 | 11.53 | 12.45 | 11.53 | 0.648 times |
| 14 Wed Aug 2024 | 12.47 | 12.43 | 12.50 | 11.16 | 0.882 times |
| 13 Tue Aug 2024 | 12.07 | 12.64 | 12.90 | 12.01 | 0.696 times |
| 12 Mon Aug 2024 | 12.64 | 12.30 | 13.24 | 12.06 | 0.831 times |
| 09 Fri Aug 2024 | 12.55 | 12.99 | 12.99 | 12.55 | 0.598 times |
| 08 Thu Aug 2024 | 12.55 | 13.06 | 13.92 | 11.57 | 0.452 times |
| 07 Wed Aug 2024 | 12.80 | 12.49 | 12.94 | 11.58 | 2.767 times |
| 06 Tue Aug 2024 | 11.80 | 12.00 | 12.56 | 11.42 | 1.844 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12, but if it comes above 12, then a intra day buy could be more profitable.
If you take a sell trade below 12, then use 12 as stoploss and 11.3 as target. However if you take a buy trade in stock , then use 12 as stoploss and 12.65 as target.
Share price targets for Promact (Promact)
| Target Type | Value |
| Downside Target | 10.75 |
| Downside Target | 11.16 |
| Downside Target | 11.42 |
| Downside Target | 11.90 |
| Upside Target | 12.31 |
| Upside Target | 12.99 |
| Upside Target | 13.92 |
| 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 | 11.18 |
| Downside Intraday Target | 10.4 |
| Upside Intraday Target | 12.37 |
| Upside Intraday Target | 12.78 |
| Downside Intraday Target | 11.59 |
Weekly technical analysis of Promact (Promact)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 11.97 | 11.86 | 11.99 | 10.80 | 0.195 times |
| 16 Fri Aug 2024 | 11.62 | 12.30 | 13.24 | 11.16 | 0.46 times |
| 09 Fri Aug 2024 | 12.55 | 12.98 | 13.92 | 11.42 | 1.137 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 |
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 |
| 20 Tue Aug 2024 | 11.97 | 13.25 | 13.92 | 10.80 | 0.64 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 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 mid to longer 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.
ADX buy sell signal for Promact stock for short term is SELL. Signal strength is Strong and stock is losing 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 moving up
CCI has generated a buy signal for Promact in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 12.33 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 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 mid to longer 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.
ADX buy sell signal for Promact stock for short term is SELL. Signal strength is Strong and stock is losing 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 moving up
CCI has generated a buy signal for Promact in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 12.33 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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