Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-05-16 View latest technical analysis

10 day averaged volume of Pressmn is 14493

Date Daily Closing Price Open High Low Volume
16 Mon May 2022 40.75 40.15 40.75 39.80 0.01 times
13 Fri May 2022 40.05 41.05 41.65 39.95 0.681 times
12 Thu May 2022 40.30 40.95 41.95 39.00 0.105 times
11 Wed May 2022 40.60 39.50 41.70 37.20 1.418 times
10 Tue May 2022 39.90 40.70 40.70 39.50 0.31 times
09 Mon May 2022 39.60 37.60 42.05 37.60 1.95 times
06 Fri May 2022 39.85 41.50 41.50 39.50 0.273 times
05 Thu May 2022 41.75 44.60 45.90 41.20 2.023 times
04 Wed May 2022 43.00 44.90 46.00 42.15 0.487 times
02 Mon May 2022 43.90 39.05 44.50 39.05 0.747 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 40.5 as stoploss in an intra day buy trade for a target of 41.8. However, stock will show a bearish move below 40.5.

Share price targets for Pressmn (Pressmn)

Target Type Value
Downside Target 32.50
Downside Target 37.20
Downside Target 39.05
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 40.12
Downside Intraday Target 39.48
Upside Intraday Target 41.07
Upside Intraday Target 41.38
Downside Intraday Target 40.43

Weekly technical analysis of Pressmn (Pressmn)

Date Weekly Closing Price Open High Low Volume
16 Mon May 2022 40.75 40.15 40.75 39.80 0.002 times
13 Fri May 2022 40.05 37.60 42.05 37.20 1.265 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

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
16 Mon May 2022 40.75 39.05 46.00 37.20 0.335 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 12, 24, 34 Sell
MACD -1, -1Sell
Stochastics 36None
CCI -34Sell
RSI 55Buy
OBV -100715Sell
VWAP 41Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Pressmn ( (Pressmn) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Pressmn ( (Pressmn) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Pressmn Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 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.

Click here for Pressmn charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme