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(PRESSTONIC_SM) Presstonic Engineering complete technical analysis [charts+indicators] | Buy/Sell Presstonic Engineering | (PRESSTONIC_SM) share price targets

Complete technical analysis of Presstonic Engineering (PRESSTONIC_SM) by charts plus indicators, forecast predictions and share price targets for Presstonic Engineering (PRESSTONIC_SM)

Showing technical analysis as on 2024-05-31 View latest technical analysis

10 day averaged volume of Presstonic Engineering is 42640

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	104.50	105.00	106.70	102.60	0.694 times
30 Thu May 2024	104.75	103.00	108.00	103.00	0.619 times
29 Wed May 2024	103.20	105.05	107.30	103.00	0.882 times
28 Tue May 2024	107.50	112.70	112.70	106.30	1.069 times
27 Mon May 2024	111.15	109.80	115.00	108.50	1.069 times
24 Fri May 2024	107.95	109.00	111.95	106.55	1.069 times
23 Thu May 2024	109.20	110.00	113.90	109.10	0.882 times
22 Wed May 2024	110.95	111.00	114.00	109.00	1.501 times
21 Tue May 2024	114.00	114.30	117.00	112.20	0.75 times
18 Sat May 2024	115.65	118.00	118.80	115.00	0.413 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 103 as stoploss in an intra day buy trade for a target of 125.8. However, stock will show a bearish move below 103.

Share price targets for Presstonic Engineering (PRESSTONIC_SM)

Target Type	Value
Downside Target	102.60
Upside Target	106.50
Upside Target	110.05
Upside Target	115.00
Upside Target	122.25
Upside Target	138.00
Upside Target	145.00
Upside Target	153.00
Upside Target	160.00
Upside Target	161.85
Upside Target	180.50
Upside Target	185.20
Upside Target	210.00

Intraday share price targets for Presstonic Engineering (PRESSTONIC_SM)

Target Type	Value
Downside Intraday Target	99.73
Downside Intraday Target	94.97
Upside Intraday Target	112.13
Upside Intraday Target	119.77
Upside Intraday Target	107.37

Weekly technical analysis of Presstonic Engineering (PRESSTONIC_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	104.50	109.80	115.00	102.60	1.031 times
24 Fri May 2024	107.95	114.30	117.00	106.55	0.158 times
18 Sat May 2024	115.65	158.00	161.85	106.50	1.504 times
10 Fri May 2024	156.75	145.00	180.50	145.00	4.896 times
03 Fri May 2024	141.75	146.50	153.00	140.05	0.865 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 Presstonic Engineering (PRESSTONIC_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	104.50	144.40	180.50	102.60	3.512 times
30 Tue Apr 2024	144.80	125.00	155.95	122.25	0.592 times
28 Thu Mar 2024	120.70	150.00	160.00	110.05	0.807 times
29 Thu Feb 2024	149.80	178.05	185.20	141.35	0.315 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 Presstonic Engineering (PRESSTONIC_SM)

Price action analysis of Presstonic Engineering ( (PRESSTONIC_SM) ) 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 Presstonic Engineering ( (PRESSTONIC_SM) ) based on a short to mid 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 Presstonic Engineering ( (PRESSTONIC_SM) ) 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 Presstonic Engineering stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Presstonic Engineering 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 SELL signal for Presstonic Engineering in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Presstonic Engineering is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 108.81 and Presstonic Engineering (PRESSTONIC_SM) 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 Presstonic Engineering (PRESSTONIC_SM) stock. Volume based technical analysis of Presstonic Engineering (PRESSTONIC_SM) stock is negative.

Presstonic Engineering 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.