(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 2024-12-16 View latest technical analysis
10 day averaged volume of Promact is 3412
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Dec 2024 | 13.02 | 16.28 | 16.28 | 13.00 | 0.972 times |
| 13 Fri Dec 2024 | 14.15 | 12.87 | 14.15 | 12.87 | 0.133 times |
| 12 Thu Dec 2024 | 13.19 | 13.01 | 13.20 | 13.01 | 0.742 times |
| 11 Wed Dec 2024 | 13.74 | 14.48 | 14.48 | 13.74 | 0.345 times |
| 10 Tue Dec 2024 | 14.49 | 16.78 | 16.78 | 14.49 | 1.072 times |
| 09 Mon Dec 2024 | 14.79 | 13.20 | 15.00 | 13.01 | 5.585 times |
| 06 Fri Dec 2024 | 13.20 | 13.10 | 15.50 | 13.10 | 0.956 times |
| 05 Thu Dec 2024 | 13.10 | 12.65 | 13.10 | 12.65 | 0.407 times |
| 04 Wed Dec 2024 | 12.65 | 13.00 | 13.00 | 12.65 | 0.052 times |
| 03 Tue Dec 2024 | 13.00 | 13.35 | 13.35 | 12.94 | 0.56 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 12.7 as stoploss in an intra day buy trade for a target of 13.35. However, stock will show a bearish move below 12.7.
Share price targets for Promact (Promact)
| Target Type | Value |
| Downside Target | 10.80 |
| Downside Target | 11.28 |
| Downside Target | 12.65 |
| Upside Target | 13.80 |
| Upside Target | 14.26 |
| Upside Target | 14.45 |
| Upside Target | 15.50 |
| Upside Target | 15.97 |
| Upside Target | 16.28 |
| Upside Target | 16.78 |
| Upside Target | 17.24 |
Intraday share price targets for Promact (Promact)
| Target Type | Value |
| Downside Intraday Target | 11.92 |
| Downside Intraday Target | 10.82 |
| Upside Intraday Target | 15.2 |
| Upside Intraday Target | 17.38 |
| Upside Intraday Target | 14.1 |
Weekly technical analysis of Promact (Promact)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Dec 2024 | 13.02 | 16.28 | 16.28 | 13.00 | 0.123 times |
| 13 Fri Dec 2024 | 14.15 | 13.20 | 16.78 | 12.87 | 3.708 times |
| 06 Fri Dec 2024 | 13.20 | 13.35 | 15.50 | 12.65 | 0.417 times |
| 29 Fri Nov 2024 | 13.35 | 13.80 | 13.80 | 11.38 | 0.586 times |
| 22 Fri Nov 2024 | 13.93 | 14.26 | 14.26 | 11.54 | 2.598 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 |
| 16 Mon Dec 2024 | 13.02 | 13.35 | 16.78 | 12.65 | 0.54 times |
| 29 Fri Nov 2024 | 13.35 | 12.77 | 14.45 | 11.38 | 0.54 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 |
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 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 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 to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the buy 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 green color and prices are in or below the green 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 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 14.14 and Promact (Promact) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the buy 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 green color and prices are in or below the green 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 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 14.14 and Promact (Promact) stock is trading below this level. This means that stock is falling with high volumes. 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 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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