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(Pressmn) Pressmn complete technical analysis [charts+indicators] | Buy/Sell Pressmn | (Pressmn) share price targets

Complete technical analysis of Pressmn (Pressmn) by charts plus indicators, forecast predictions and share price targets for Pressmn (Pressmn)

10 day averaged volume of Pressmn is 21257

Date Daily Closing Price Open High Low Volume
26 Mon Sep 2022 39.45 41.50 41.50 39.15 0.902 times
23 Fri Sep 2022 41.20 42.50 42.50 40.65 0.131 times
22 Thu Sep 2022 42.40 43.05 43.40 41.75 0.303 times
21 Wed Sep 2022 43.35 43.50 44.00 42.15 0.304 times
20 Tue Sep 2022 43.95 46.90 46.90 43.65 0.256 times
19 Mon Sep 2022 44.80 42.70 44.90 42.70 0.593 times
16 Fri Sep 2022 42.80 45.90 47.10 42.70 0.943 times
15 Thu Sep 2022 44.90 44.00 44.90 42.05 4.547 times
14 Wed Sep 2022 42.80 42.90 43.35 41.60 0.756 times
13 Tue Sep 2022 42.75 40.75 42.75 40.75 2.091 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.4, but if it comes above 40.4, then a intra day buy could be more profitable.
If you take a sell trade below 40.4, then use 40.4 as stoploss and 38.6 as target. However if you take a buy trade in stock , then use 40.4 as stoploss and 41.85 as target.

Share price targets for Pressmn (Pressmn)

Target Type Value
Downside Target 29.45
Downside Target 32.40
Downside Target 35.60
Downside Target 39.05
Upside Target 40.05
Upside Target 41.50
Upside Target 42.60
Upside Target 46.00
Upside Target 46.40
Upside Target 46.80
Upside Target 46.90
Upside Target 47.10
Upside Target 50.40

Intraday share price targets for Pressmn (Pressmn)

Target Type Value
Downside Intraday Target 38.57
Downside Intraday Target 37.68
Upside Intraday Target 40.92
Upside Intraday Target 42.38
Upside Intraday Target 40.03

Weekly technical analysis of Pressmn (Pressmn)

Date Weekly Closing Price Open High Low Volume
26 Mon Sep 2022 39.45 41.50 41.50 39.15 0.568 times
23 Fri Sep 2022 41.20 42.70 46.90 40.65 0.189 times
16 Fri Sep 2022 42.80 40.05 47.10 40.05 3.392 times
09 Fri Sep 2022 40.65 42.60 42.60 39.05 1.215 times
02 Fri Sep 2022 40.75 41.20 43.20 40.20 1.865 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Pressmn (Pressmn)

Date Monthly Closing Price Open High Low Volume
26 Mon Sep 2022 39.45 42.60 47.10 39.05 1.785 times
30 Tue Aug 2022 41.05 43.00 46.80 40.65 0.698 times
29 Fri Jul 2022 41.70 41.25 50.40 35.60 0.831 times
30 Thu Jun 2022 41.55 37.25 46.40 29.45 1.237 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Pressmn (Pressmn)

Indicator Name Indicator Value Indicator Signal
ADX 19, 22, 7 Sell
MACD 0, 0Sell
Stochastics 18Sell
CCI -164Sell
RSI 54Buy
OBV 48630Sell
VWAP 44Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Pressmn ( (Pressmn) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Pressmn ( (Pressmn) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Pressmn ( (Pressmn) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Pressmn ( (Pressmn) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Pressmn stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Pressmn in short term but the sell signal is initial and weak.

Pressmn Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Pressmn in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Pressmn is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 43.51 and Pressmn (Pressmn) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Pressmn (Pressmn) stock. Volume based technical analysis of Pressmn (Pressmn) stock is negative.

Pressmn Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Pressmn charts

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Daily charts

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Daily chart

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