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Protean eGov Technologies Ltd.

PROTEAN.NS Technical Analysis Summary (NSE)

Analyze PROTEAN.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

PROTEAN.NS●NSE
TechnologyInformation Technology Services
₹492.35
₹0.40(0.08%)
Indian Market opens in 14h 28m

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 (NSE)

Protean eGov Technologies Ltd. (NSE: PROTEAN.NS) stock currently shows a bearish trend on the NSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 30.94)
Trend Strength:Moderate (ADX: 27.61)
Volatility:Medium (ATR: 16.04)
Support/Resistance:$472.32 – $582.05 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 30.94

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 8.31

Bullish
Oversold zone signals rebound potential.

Williams %R: -90.15

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -11.27

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -21.83

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 27.61

Moderate
Moderate trend, direction gaining strength.

ATR (14): 16.04

Rising
Rising volatility, market activity increasing.

CCI (14): -70.53

Bearish
Bearish, momentum remains under pressure.

Takeaway:Protean eGov Technologies Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$582.05
Middle Band (SMA 20)
$527.19
Lower Band
$472.32
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$555.25
Middle Line (EMA 20)
$523.17
Lower Channel
$491.10
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-1.92M
Money Flow Index28.72Bearish, selling pressure outweighs inflows.
Relative Vigor Index26.97Bearish, price momentum favors sellers.

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. (NSE: PROTEAN.NS), 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.

(NSE: PROTEAN.NS) Technical Analysis FAQ