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Protean eGov Technologies Ltd.

PROTEAN.NS•NSE
Technology
Information Technology Services
₹531.10
₹6.25(1.19%)
Indian Market opens in 11h 42m

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 shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 26.70)
Trend Strength:Moderate (ADX: 28.01)
Volatility:Medium (ATR: 22.74)
Support/Resistance:$495.18 – $640.90 (Bollinger Bands)

Technical conditions suggest Protean eGov Technologies Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 26.70

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 5.65

Bullish
Oversold zone signals rebound potential.

Williams %R: -98.52

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -13.97

Strongly Bearish
Sharp downside momentum.

Takeaway:Protean eGov Technologies Ltd. shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -31.93

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 28.01

Moderate
Moderate trend, direction gaining strength.

ATR (14): 22.74

Rising
Rising volatility, market activity increasing.

CCI (14): -108.04

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Protean eGov Technologies Ltd. shows oversold trend conditions, with potential for rebound if buyers step in.

Support & Resistance indicators
Bollinger Bands
Upper Band
$640.90
Middle Band (SMA 20)
$568.04
Lower Band
$495.18
Current Position
Within Bands

Takeaway:Protean eGov Technologies Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$608.30
Middle Line (EMA 20)
$562.82
Lower Channel
$517.35
Squeeze Status
No Squeeze

Takeaway:Protean eGov Technologies Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-3.74M
Money Flow Index36.99Bearish, selling pressure outweighs inflows.
Relative Vigor Index41.65Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:PROTEAN.NS shows bearish money flow, with sellers dominating volume and vigor.

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.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ