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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 2024-08-22 View latest technical analysis

10 day averaged volume of Presstonic Engineering is 36880

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	119.65	120.00	123.95	119.00	1.128 times
21 Wed Aug 2024	118.00	112.50	119.80	111.15	2.256 times
20 Tue Aug 2024	112.20	118.00	122.40	111.20	1.54 times
19 Mon Aug 2024	116.70	109.00	118.00	109.00	2.43 times
16 Fri Aug 2024	102.80	102.80	105.45	102.80	0.325 times
14 Wed Aug 2024	102.30	104.00	104.00	102.15	0.434 times
13 Tue Aug 2024	103.45	102.00	104.00	102.00	0.304 times
12 Mon Aug 2024	102.00	102.00	103.90	101.00	0.586 times
09 Fri Aug 2024	104.00	105.35	107.00	104.00	0.651 times
08 Thu Aug 2024	104.05	105.00	107.80	104.00	0.521 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 116.5, but if it comes below 116.5, then a intra day sell could be more profitable.
If you take a sell trade below 116.5, then use 116.5 as stoploss and 110.32 as target. However if you take a buy trade in stock , then use 116.5 as stoploss and 123.9 as target.

Share price targets for Presstonic Engineering (PRESSTONIC_SM)

Target Type	Value
Downside Target	90.15
Downside Target	101.00
Downside Target	105.45
Downside Target	108.10
Downside Target	116.95
Upside Target	120.00
Upside Target	122.25
Upside Target	123.10
Upside Target	123.95
Upside Target	148.00
Upside Target	155.95
Upside Target	180.50

Intraday share price targets for Presstonic Engineering (PRESSTONIC_SM)

Target Type	Value
Downside Intraday Target	111.12
Downside Intraday Target	102.58
Upside Intraday Target	126.07
Upside Intraday Target	132.48
Downside Intraday Target	117.53

Weekly technical analysis of Presstonic Engineering (PRESSTONIC_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	119.65	109.00	123.95	109.00	4.461 times
16 Fri Aug 2024	102.80	102.00	105.45	101.00	0.398 times
09 Fri Aug 2024	104.00	104.00	111.00	103.00	1.415 times
02 Fri Aug 2024	112.00	123.10	123.10	108.10	1.023 times
26 Fri Jul 2024	118.15	114.00	120.00	110.00	0.714 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Presstonic Engineering (PRESSTONIC_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	119.65	114.00	123.95	101.00	0.496 times
31 Wed Jul 2024	113.85	105.90	148.00	102.60	1.644 times
28 Fri Jun 2024	104.95	105.50	116.95	90.15	0.277 times
31 Fri May 2024	104.50	144.40	180.50	102.60	3.512 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 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 Presstonic Engineering ( (PRESSTONIC_SM) ) 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 Presstonic Engineering ( (PRESSTONIC_SM) ) 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 Presstonic Engineering stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Presstonic Engineering in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Presstonic Engineering Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a buy signal for Presstonic Engineering in short term and BUY 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 Presstonic Engineering is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 112.87 and Presstonic Engineering (PRESSTONIC_SM) 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 Presstonic Engineering (PRESSTONIC_SM) stock. Volume based technical analysis of Presstonic Engineering (PRESSTONIC_SM) stock is negative.

Presstonic Engineering 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.