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Protean eGov Technologies Ltd.

PROTEAN.NS•NSE
Technology
Information Technology Services
₹521.50
₹19.10(3.80%)
Indian Market opens in 9h 30m

Protean eGov Technologies Ltd. (PROTEAN.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Protean eGov Technologies Ltd. (NSE:PROTEAN.NS).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PROTEAN.NS Technical Analysis Summary

Protean eGov Technologies Ltd. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.70)
Trend Strength:Strong (ADX: 34.07)
Volatility:Medium (ATR: 23.78)
Support/Resistance:$462.17 – $558.98 (Bollinger Bands)

This mix signals that Protean eGov Technologies Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 47.70

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 61.08

Bullish
Buying momentum building without extremes.

Williams %R: -16.94

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): -0.39

Neutral
Price change is minimal.

Takeaway:Protean eGov Technologies Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -23.98

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 34.07

Strong
Strong trend, momentum well established.

ATR (14): 23.78

Rising
Rising volatility, market activity increasing.

CCI (14): 81.49

Bullish
Bullish, momentum building upward.

Takeaway:Protean eGov Technologies Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$558.98
Middle Band (SMA 20)
$510.57
Lower Band
$462.17
Current Position
Within Bands

Takeaway:Protean eGov Technologies Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$564.01
Middle Line (EMA 20)
$516.45
Lower Channel
$468.88
Squeeze Status
No Squeeze

Takeaway:Protean eGov Technologies Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-3.64M
Money Flow Index37.56Bearish, selling pressure outweighs inflows.
Relative Vigor Index55.94Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:PROTEAN.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Protean eGov Technologies Ltd., here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Protean eGov Technologies Ltd. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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