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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 2022-09-23 View latest technical analysis

10 day averaged volume of Pressmn is 21834

Date Daily Closing Price Open High Low Volume
23 Fri Sep 2022 41.20 42.50 42.50 40.65 0.128 times
22 Thu Sep 2022 42.40 43.05 43.40 41.75 0.295 times
21 Wed Sep 2022 43.35 43.50 44.00 42.15 0.296 times
20 Tue Sep 2022 43.95 46.90 46.90 43.65 0.249 times
19 Mon Sep 2022 44.80 42.70 44.90 42.70 0.577 times
16 Fri Sep 2022 42.80 45.90 47.10 42.70 0.918 times
15 Thu Sep 2022 44.90 44.00 44.90 42.05 4.426 times
14 Wed Sep 2022 42.80 42.90 43.35 41.60 0.736 times
13 Tue Sep 2022 42.75 40.75 42.75 40.75 2.036 times
12 Mon Sep 2022 40.75 40.05 42.60 40.05 0.073 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 40.6 as stoploss in an intra day buy trade for a target of 41.98. However, stock will show a bearish move below 40.6.

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
Upside Target 42.60
Upside Target 46.00
Upside Target 46.40
Upside Target 46.80
Upside Target 46.90
Upside Target 47.10
Upside Target 50.40

Intraday share price targets for Pressmn (Pressmn)

Target Type Value
Downside Intraday Target 38.93
Downside Intraday Target 36.67
Upside Intraday Target 45.18
Upside Intraday Target 49.17
Upside Intraday Target 42.92

Weekly technical analysis of Pressmn (Pressmn)

Date Weekly Closing Price Open High Low Volume
23 Fri Sep 2022 41.20 42.70 46.90 40.65 0.189 times
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

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
23 Fri Sep 2022 41.20 42.60 47.10 39.05 1.674 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, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Pressmn (Pressmn)

Indicator Name Indicator Value Indicator Signal
ADX 22, 17, 12 Buy
MACD 0, 1Sell
Stochastics 33None
CCI -99Sell
RSI 57Buy
OBV 72001Sell
VWAP 44Sell
ADL 0Sell
ROC 1Buy
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 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 43.86 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.

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Daily charts

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Daily chart

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