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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 2022-09-28 View latest technical analysis

10 day averaged volume of Pressmn is 19625

Date Daily Closing Price Open High Low Volume
28 Wed Sep 2022 39.90 43.00 43.00 39.85 0.302 times
27 Tue Sep 2022 41.30 39.95 41.30 38.00 0.538 times
26 Mon Sep 2022 39.45 41.50 41.50 39.15 0.977 times
23 Fri Sep 2022 41.20 42.50 42.50 40.65 0.142 times
22 Thu Sep 2022 42.40 43.05 43.40 41.75 0.329 times
21 Wed Sep 2022 43.35 43.50 44.00 42.15 0.33 times
20 Tue Sep 2022 43.95 46.90 46.90 43.65 0.277 times
19 Mon Sep 2022 44.80 42.70 44.90 42.70 0.642 times
16 Fri Sep 2022 42.80 45.90 47.10 42.70 1.021 times
15 Thu Sep 2022 44.90 44.00 44.90 42.05 4.925 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.2, but if it comes above 40.2, then a intra day buy could be more profitable.
If you take a sell trade below 40.2, then use 40.2 as stoploss and 38.4 as target. However if you take a buy trade in stock , then use 40.2 as stoploss and 41.79 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 38.00
Downside Target 39.05
Upside 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 37.6
Downside Intraday Target 35.3
Upside Intraday Target 42.6
Upside Intraday Target 45.3
Upside Intraday Target 40.3

Weekly technical analysis of Pressmn (Pressmn)

Date Weekly Closing Price Open High Low Volume
28 Wed Sep 2022 39.90 41.50 43.00 38.00 1.057 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 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
28 Wed Sep 2022 39.90 42.60 47.10 38.00 1.881 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 down 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, 21, 2 Buy
MACD -0, 0Sell
Stochastics 20Sell
CCI -71Buy
RSI 55Buy
OBV 75296Sell
VWAP 44Sell
ADL 0Sell
ROC -7Sell
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak and stock is losing 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 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 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 43.52 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 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

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Daily charts

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Daily chart

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