Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Advertisement
Protean eGov Technologies Ltd.

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

Live technical indicators, trading signals, and momentum insights for Protean eGov Technologies Ltd..

PROTEAN.NS●NSE
TechnologyInformation Technology Services
₹574.10
₹33.40(5.50%)
Indian Market opens in NaNh NaNm
Advertisement

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: 46.77)
Trend Strength:Weak (ADX: 15.61)
Volatility:Medium (ATR: 22.56)
Support/Resistance:$578.19 – $633.75 (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): 46.77

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.62

Bearish
Momentum remains weak below midpoint.

Williams %R: -92.13

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -6.99

Strongly Bearish
Sharp downside momentum.

Takeaway:Protean eGov Technologies Ltd. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.80

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.61

Weak
Weak trend, market trading sideways.

ATR (14): 22.56

Rising
Rising volatility, market activity increasing.

CCI (14): -71.95

Bearish
Bearish, momentum remains under pressure.

Takeaway:Protean eGov Technologies Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$633.75
Middle Band (SMA 20)
$605.97
Lower Band
$578.19
Current Position
Below Lower Band

Takeaway:Protean eGov Technologies Ltd. trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$646.08
Middle Line (EMA 20)
$600.95
Lower Channel
$555.83
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-958.54K
Money Flow Index39.86Bearish, selling pressure outweighs inflows.
Relative Vigor Index40.44Neutral 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

MACD above 0 → bullish trend confirmation.

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:Technical indicators for Protean eGov Technologies Ltd. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ