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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 2022-08-17 View latest technical analysis

10 day averaged volume of Pressmn is 10530

Date Daily Closing Price Open High Low Volume
17 Wed Aug 2022 42.35 43.40 44.00 42.00 0.374 times
16 Tue Aug 2022 42.35 43.45 43.45 42.30 0.152 times
12 Fri Aug 2022 42.95 43.15 43.55 42.15 0.559 times
11 Thu Aug 2022 43.50 44.20 45.00 43.45 0.773 times
10 Wed Aug 2022 43.85 45.00 45.10 42.75 1.092 times
08 Mon Aug 2022 44.90 44.35 45.60 42.70 0.387 times
05 Fri Aug 2022 44.00 44.70 44.70 42.80 0.323 times
04 Thu Aug 2022 44.05 43.80 44.70 43.10 0.59 times
03 Wed Aug 2022 43.75 46.80 46.80 43.50 0.527 times
02 Tue Aug 2022 45.75 45.90 45.90 44.10 3.199 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 42 as stoploss in an intra day buy trade for a target of 43.19. However, stock will show a bearish move below 42.

Share price targets for Pressmn (Pressmn)

Target Type Value
Downside Target 29.45
Downside Target 32.40
Downside Target 35.60
Downside Target 39.65
Downside Target 41.55
Upside Target 45.60
Upside Target 46.00
Upside Target 46.40
Upside Target 46.80
Upside Target 47.40
Upside Target 47.80
Upside Target 50.40

Intraday share price targets for Pressmn (Pressmn)

Target Type Value
Downside Intraday Target 41.57
Downside Intraday Target 40.78
Upside Intraday Target 43.57
Upside Intraday Target 44.78
Upside Intraday Target 42.78

Weekly technical analysis of Pressmn (Pressmn)

Date Weekly Closing Price Open High Low Volume
17 Wed Aug 2022 42.35 43.45 44.00 42.00 0.187 times
12 Fri Aug 2022 42.95 44.35 45.60 42.15 0.399 times
05 Fri Aug 2022 44.00 43.00 46.80 42.80 2.075 times
29 Fri Jul 2022 41.70 43.65 43.65 40.20 0.753 times
22 Fri Jul 2022 42.35 46.60 47.80 41.55 0.377 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
17 Wed Aug 2022 42.35 43.00 46.80 42.00 0.442 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
31 Tue May 2022 37.60 39.05 46.00 32.40 0.694 times

Scroll below to view daily charts

Price has moved up 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 21, 14, 19 Buy
MACD 1, 2Sell
Stochastics 16Sell
CCI -112Buy
RSI 62Buy
OBV -16425Sell
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 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 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 BUY. Signal strength is Weak and stock is gaining 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Pressmn in short term but BUY signal is weak.

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

MRSI is in negative zone. This is the SELL 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 44.48 and Pressmn (Pressmn) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 positive

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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