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 2022-09-16 View latest technical analysis

10 day averaged volume of Pressmn is 21992

Date Daily Closing Price Open High Low Volume
16 Fri Sep 2022 42.80 45.90 47.10 42.70 0.911 times
15 Thu Sep 2022 44.90 44.00 44.90 42.05 4.395 times
14 Wed Sep 2022 42.80 42.90 43.35 41.60 0.731 times
13 Tue Sep 2022 42.75 40.75 42.75 40.75 2.021 times
12 Mon Sep 2022 40.75 40.05 42.60 40.05 0.073 times
09 Fri Sep 2022 40.65 41.40 41.40 39.85 0.389 times
08 Thu Sep 2022 41.10 41.55 41.55 40.65 0.089 times
07 Wed Sep 2022 41.05 40.75 41.75 40.75 0.181 times
06 Tue Sep 2022 40.25 40.45 41.70 39.80 0.201 times
05 Mon Sep 2022 40.40 42.60 42.60 39.05 1.537 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.7, but if it comes below 42.7, then a intra day sell could be more profitable.
If you take a sell trade below 42.7, then use 42.7 as stoploss and 41.65 as target. However if you take a buy trade in stock , then use 42.7 as stoploss and 44 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
Downside Target 40.05
Downside Target 42.60
Upside Target 44.00
Upside Target 46.00
Upside Target 46.40
Upside Target 46.80
Upside Target 47.10
Upside Target 50.40

Intraday share price targets for Pressmn (Pressmn)

Target Type Value
Downside Intraday Target 39.53
Downside Intraday Target 36.27
Upside Intraday Target 46.58
Upside Intraday Target 50.37
Upside Intraday Target 43.32

Weekly technical analysis of Pressmn (Pressmn)

Date Weekly Closing Price Open High Low Volume
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
26 Fri Aug 2022 42.10 41.10 43.25 40.65 0.916 times
19 Fri Aug 2022 41.60 43.45 44.00 41.25 0.858 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Pressmn (Pressmn)

Date Monthly Closing Price Open High Low Volume
16 Fri Sep 2022 42.80 42.60 47.10 39.05 1.478 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 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 24, 9, 47 Buy
MACD 0, 0Buy
Stochastics 78Buy
CCI 143Buy
RSI 56Buy
OBV 81071Sell
VWAP 43Sell
ADL 0Sell
ROC 5Buy
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 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 to mid 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 mid to longer 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.

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

MACD generated a BUY signal for Pressmn in short term and the buy signal is strong.

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

Pressmn Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a buy signal for Pressmn in short term and BUY 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

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 43.13 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 is giving positive 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