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(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)

10 day averaged volume of Promact is 2947

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 12.73 14.12 14.12 12.73 2.993 times
18 Mon Nov 2024 14.14 14.26 14.26 12.94 0.838 times
14 Thu Nov 2024 14.37 14.45 14.45 12.01 0.519 times
13 Wed Nov 2024 13.25 13.35 13.35 12.28 0.216 times
12 Tue Nov 2024 12.26 13.25 13.25 12.22 2.968 times

Stock of Promact (Promact) has showed a significant fall. This could be a good time to exit from this stock.

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 12.4 as stoploss in an intra day buy trade for a target of 13.15. However, stock will show a bearish move below 12.4.

Share price targets for Promact (Promact)

Target Type Value
Downside Target 10.80
Downside Target 11.28
Downside Target 11.90
Downside Target 12.73
Upside 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 12.22
Downside Intraday Target 11.71
Upside Intraday Target 13.75
Upside Intraday Target 14.77
Upside Intraday Target 13.24

Weekly technical analysis of Promact (Promact)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 12.73 14.26 14.26 12.73 0.988 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
19 Tue Nov 2024 12.73 12.77 14.45 12.00 0.261 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 19, 24, 10 Sell
MACD -0, -0Buy
Stochastics 71Buy
CCI -22Sell
RSI 54Buy
OBV -61409Sell
VWAP 13Sell
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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 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 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 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.

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 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Promact is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.03 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 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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