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Protean eGov Technologies Limi

Protean eGov Technologies Limi (PROTEAN.BO) Stock Technical Analysis & Trading Signals

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

PROTEAN.BO●BSE
TechnologyInformation Technology Services
₹603.95
₹6.50(1.06%)
Indian Market opens in 6h 16m
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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.BO Technical Analysis Summary

Protean eGov Technologies Limi stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 53.80)
Trend Strength:Moderate (ADX: 24.54)
Volatility:Medium (ATR: 26.78)
Support/Resistance:$513.27 – $675.00 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 53.80

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 35.81

Bearish
Momentum remains weak below midpoint.

Williams %R: -78.02

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 10.21

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 14.98

Bullish
Bullish, trend momentum is strengthening.

ADX: 24.54

Moderate
Moderate trend, direction gaining strength.

ATR (14): 26.78

Rising
Rising volatility, market activity increasing.

CCI (14): -58.37

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$675.00
Middle Band (SMA 20)
$594.13
Lower Band
$513.27
Current Position
Within Bands

Takeaway:Protean eGov Technologies Limi trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$649.59
Middle Line (EMA 20)
$596.04
Lower Channel
$542.48
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-120.53K
Money Flow Index80.23Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index26.09Bearish, price momentum favors sellers.

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

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

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

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Protean eGov Technologies Limi currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ