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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 2022-09-27 View latest technical analysis

10 day averaged volume of Pressmn is 23014

Date Daily Closing Price Open High Low Volume
27 Tue Sep 2022 41.30 39.95 41.30 38.00 0.459 times
26 Mon Sep 2022 39.45 41.50 41.50 39.15 0.833 times
23 Fri Sep 2022 41.20 42.50 42.50 40.65 0.121 times
22 Thu Sep 2022 42.40 43.05 43.40 41.75 0.28 times
21 Wed Sep 2022 43.35 43.50 44.00 42.15 0.281 times
20 Tue Sep 2022 43.95 46.90 46.90 43.65 0.236 times
19 Mon Sep 2022 44.80 42.70 44.90 42.70 0.547 times
16 Fri Sep 2022 42.80 45.90 47.10 42.70 0.871 times
15 Thu Sep 2022 44.90 44.00 44.90 42.05 4.2 times
14 Wed Sep 2022 42.80 42.90 43.35 41.60 0.698 times

My analysis of stock is bearish for shortterm, and stock might move down till 40.4 or till 38.6. Use a stoploss of 41.85 and if the stock hits stoploss, then it can shoot up till 43.35

Share price targets for Pressmn (Pressmn)

Target Type Value
Downside Target 29.45
Downside Target 32.40
Downside Target 35.60
Downside Target 38.00
Downside Target 39.05
Downside Target 40.05
Upside Target 41.50
Upside Target 42.60
Upside Target 46.00
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 39.03
Downside Intraday Target 36.77
Upside Intraday Target 42.53
Upside Intraday Target 43.77
Downside Intraday Target 40.27

Weekly technical analysis of Pressmn (Pressmn)

Date Weekly Closing Price Open High Low Volume
27 Tue Sep 2022 41.30 41.50 41.50 38.00 0.881 times
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

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
27 Tue Sep 2022 41.30 42.60 47.10 38.00 1.847 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 17, 24, 18 Sell
MACD -0, 0Sell
Stochastics 19Sell
CCI -124Buy
RSI 56Buy
OBV 67179Sell
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 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 mid to longer 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.

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

MACD generated a SELL signal for Pressmn in short term and the sell signal is strong.

Pressmn Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 43.57 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 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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