(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 2024-11-18 View latest technical analysis
10 day averaged volume of Promact is 4512
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 14.14 | 14.26 | 14.26 | 12.94 | 0.547 times |
| 14 Thu Nov 2024 | 14.37 | 14.45 | 14.45 | 12.01 | 0.339 times |
| 13 Wed Nov 2024 | 13.25 | 13.35 | 13.35 | 12.28 | 0.141 times |
| 12 Tue Nov 2024 | 12.26 | 13.25 | 13.25 | 12.22 | 1.939 times |
| 11 Mon Nov 2024 | 13.50 | 13.60 | 13.60 | 13.50 | 0.114 times |
| 08 Fri Nov 2024 | 13.65 | 13.70 | 13.70 | 13.65 | 0.551 times |
| 07 Thu Nov 2024 | 13.70 | 13.69 | 13.70 | 12.38 | 0.092 times |
| 06 Wed Nov 2024 | 13.70 | 12.91 | 13.75 | 12.91 | 0.784 times |
| 05 Tue Nov 2024 | 12.80 | 13.20 | 13.20 | 12.79 | 0.07 times |
| 04 Mon Nov 2024 | 12.00 | 12.77 | 12.77 | 12.00 | 0.894 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 14.1, but if it comes below 14.1, then a intra day sell could be more profitable.
If you take a sell trade below 14.1, then use 14.1 as stoploss and 13.25 as target. However if you take a buy trade in stock , then use 14.1 as stoploss and 15.1 as target.
Share price targets for Promact (Promact)
| Target Type | Value |
| Downside Target | 10.80 |
| Downside Target | 11.28 |
| Downside Target | 11.90 |
| Downside Target | 12.94 |
| Downside Target | 13.64 |
| Upside Target | 14.26 |
| Upside Target | 14.45 |
| Upside Target | 14.85 |
| Upside Target | 15.97 |
| Upside Target | 17.24 |
Intraday share price targets for Promact (Promact)
| Target Type | Value |
| Downside Intraday Target | 13.3 |
| Downside Intraday Target | 12.46 |
| Upside Intraday Target | 14.62 |
| Upside Intraday Target | 15.1 |
| Downside Intraday Target | 13.78 |
Weekly technical analysis of Promact (Promact)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 14.14 | 14.26 | 14.26 | 12.94 | 0.216 times |
| 14 Thu Nov 2024 | 14.37 | 13.60 | 14.45 | 12.01 | 1.059 times |
| 08 Fri Nov 2024 | 13.65 | 12.77 | 13.75 | 12.00 | 0.432 times |
| 31 Thu Oct 2024 | 13.18 | 12.20 | 13.64 | 11.28 | 0.874 times |
| 25 Fri Oct 2024 | 12.20 | 14.80 | 14.85 | 12.20 | 1.592 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 |
| 18 Mon Nov 2024 | 14.14 | 12.77 | 14.45 | 12.00 | 0.192 times |
| 31 Thu Oct 2024 | 13.18 | 14.45 | 15.97 | 11.28 | 0.613 times |
| 30 Mon Sep 2024 | 13.77 | 12.48 | 17.24 | 10.91 | 1.912 times |
| 30 Fri Aug 2024 | 11.82 | 13.25 | 13.92 | 10.80 | 1.004 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 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 short to mid 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 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 Weak 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 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 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 12.97 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 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 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 short to mid 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 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 Weak 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 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 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 12.97 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 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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