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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 2023-01-23 View latest technical analysis

10 day averaged volume of Pressmn is 69237

Date Daily Closing Price Open High Low Volume
23 Mon Jan 2023 63.90 62.00 64.15 61.40 0.081 times
20 Fri Jan 2023 61.10 61.95 62.60 61.00 0.021 times
19 Thu Jan 2023 61.40 63.75 65.00 61.25 0.077 times
18 Wed Jan 2023 63.30 61.70 64.00 61.70 0.084 times
17 Tue Jan 2023 61.15 61.90 64.85 60.20 0.109 times
16 Mon Jan 2023 62.05 64.05 65.85 61.80 0.661 times
13 Fri Jan 2023 65.05 67.75 68.85 64.00 1.825 times
12 Thu Jan 2023 65.60 65.60 65.60 59.40 2.226 times
11 Wed Jan 2023 62.50 62.30 62.50 60.00 1.568 times
10 Tue Jan 2023 59.55 59.55 59.55 54.25 3.081 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 63.4, but if it comes below 63.4, then a intra day sell could be more profitable.
If you take a sell trade below 63.4, then use 63.4 as stoploss and 54.94 as target. However if you take a buy trade in stock , then use 63.4 as stoploss and 73.6 as target.

Share price targets for Pressmn (Pressmn)

Target Type Value
Downside Target 38.00
Downside Target 41.90
Downside Target 44.05
Downside Target 47.10
Downside Target 49.95
Downside Target 51.00
Downside Target 54.05
Downside Target 58.70
Downside Target 60.20
Downside Target 61.40
Upside Target 64.15
Upside Target 65.85
Upside Target 68.85

Intraday share price targets for Pressmn (Pressmn)

Target Type Value
Downside Intraday Target 62.15
Downside Intraday Target 60.4
Upside Intraday Target 64.9
Upside Intraday Target 65.9
Downside Intraday Target 63.15

Weekly technical analysis of Pressmn (Pressmn)

Date Weekly Closing Price Open High Low Volume
23 Mon Jan 2023 63.90 62.00 64.15 61.40 0.086 times
20 Fri Jan 2023 61.10 64.05 65.85 60.20 0.105 times
13 Fri Jan 2023 65.05 56.75 68.85 54.25 1.353 times
06 Fri Jan 2023 54.05 41.90 54.05 41.90 50.109 times
30 Fri Dec 2022 42.45 38.85 44.05 38.85 0.128 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
23 Mon Jan 2023 63.90 41.90 68.85 41.90 6.766 times
30 Fri Dec 2022 42.45 45.20 49.95 38.85 1.381 times
30 Wed Nov 2022 46.35 51.00 51.00 42.45 0.199 times
31 Mon Oct 2022 50.95 39.05 58.70 38.50 1.888 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 38, 11, 57 Buy
MACD 8, 7Buy
Stochastics 56None
CCI 35Buy
RSI 64Buy
OBV 795530Sell
VWAP 63Buy
ADL 0Sell
ROC 13Buy
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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 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 62.71 and Pressmn (Pressmn) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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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