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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)

Showing technical analysis as on 2022-05-11 View latest technical analysis

10 day averaged volume of Pressmn is 18084

Date Daily Closing Price Open High Low Volume
11 Wed May 2022 40.60 39.50 41.70 37.20 1.136 times
10 Tue May 2022 39.90 40.70 40.70 39.50 0.249 times
09 Mon May 2022 39.60 37.60 42.05 37.60 1.563 times
06 Fri May 2022 39.85 41.50 41.50 39.50 0.219 times
05 Thu May 2022 41.75 44.60 45.90 41.20 1.621 times
04 Wed May 2022 43.00 44.90 46.00 42.15 0.391 times
02 Mon May 2022 43.90 39.05 44.50 39.05 0.598 times
29 Fri Apr 2022 42.00 41.85 43.60 41.15 1.608 times
28 Thu Apr 2022 42.70 42.40 43.95 42.00 0.594 times
27 Wed Apr 2022 42.35 41.55 42.75 41.55 0.109 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 41, but if it comes above 41, then a intra day buy could be more profitable.
If you take a sell trade below 41, then use 41 as stoploss and 39.4 as target. However if you take a buy trade in stock , then use 41 as stoploss and 42.28 as target.

Share price targets for Pressmn (Pressmn)

Target Type Value
Downside Target 32.50
Downside Target 37.20
Downside Target 39.05
Upside Target 41.55
Upside Target 44.95
Upside Target 45.90
Upside Target 46.00
Upside Target 46.40
Upside Target 47.40
Upside Target 49.15
Upside Target 53.50

Intraday share price targets for Pressmn (Pressmn)

Target Type Value
Downside Intraday Target 37.85
Downside Intraday Target 35.1
Upside Intraday Target 42.7
Upside Intraday Target 44.8
Downside Intraday Target 39.95

Weekly technical analysis of Pressmn (Pressmn)

Date Weekly Closing Price Open High Low Volume
11 Wed May 2022 40.60 37.60 42.05 37.20 1.042 times
06 Fri May 2022 39.85 39.05 46.00 39.05 0.341 times
29 Fri Apr 2022 42.00 42.35 46.40 40.10 2.023 times
22 Fri Apr 2022 43.25 44.95 44.95 41.55 3.029 times
13 Wed Apr 2022 43.70 44.15 45.45 42.35 0.257 times

Price has moved up 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
11 Wed May 2022 40.60 39.05 46.00 37.20 0.302 times
29 Fri Apr 2022 42.00 39.65 47.40 39.65 0.808 times
31 Thu Mar 2022 41.05 39.70 49.15 39.50 0.709 times
28 Mon Feb 2022 39.50 43.00 45.90 32.50 0.408 times

Scroll below to view daily charts

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

Indicators analysis of Pressmn (Pressmn)

Indicator Name Indicator Value Indicator Signal
ADX 13, 29, 36 Sell
MACD -1, -0Sell
Stochastics 29Sell
CCI -90Sell
RSI 52Buy
OBV -127596Sell
VWAP 41Sell
ADL 0Sell
ROC -4Sell
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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

MACD generated a SELL signal for Pressmn in short term and the sell signal is strong.

Pressmn Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 41.41 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.

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Daily charts

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Daily chart

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