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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 2022-08-18 View latest technical analysis

10 day averaged volume of Pressmn is 8399

Date Daily Closing Price Open High Low Volume
18 Thu Aug 2022 41.40 42.80 42.80 41.35 1.679 times
17 Wed Aug 2022 42.35 43.40 44.00 42.00 0.469 times
16 Tue Aug 2022 42.35 43.45 43.45 42.30 0.191 times
12 Fri Aug 2022 42.95 43.15 43.55 42.15 0.701 times
11 Thu Aug 2022 43.50 44.20 45.00 43.45 0.969 times
10 Wed Aug 2022 43.85 45.00 45.10 42.75 1.369 times
08 Mon Aug 2022 44.90 44.35 45.60 42.70 0.486 times
05 Fri Aug 2022 44.00 44.70 44.70 42.80 0.405 times
04 Thu Aug 2022 44.05 43.80 44.70 43.10 0.74 times
03 Wed Aug 2022 43.75 46.80 46.80 43.50 0.661 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 41.8, but if it comes above 41.8, then a intra day buy could be more profitable.
If you take a sell trade below 41.8, then use 41.8 as stoploss and 40.3 as target. However if you take a buy trade in stock , then use 41.8 as stoploss and 43.02 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 39.65
Downside Target 41.35
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 40.5
Downside Intraday Target 39.6
Upside Intraday Target 43.15
Upside Intraday Target 44.9
Upside Intraday Target 42.25

Weekly technical analysis of Pressmn (Pressmn)

Date Weekly Closing Price Open High Low Volume
18 Thu Aug 2022 41.40 43.45 44.00 41.35 0.664 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
18 Thu Aug 2022 41.40 43.00 46.80 41.35 0.499 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 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 19, 16, 8 Buy
MACD 1, 1Sell
Stochastics 4Sell
CCI -146Sell
RSI 62Buy
OBV -16487Sell
VWAP 43Sell
ADL 0Sell
ROC -10Sell
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 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 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 green color and prices are in or below the green 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 and the buying is gaining 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 43.14 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 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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