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

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

Showing technical analysis as on 2021-09-27 View latest technical analysis

10 day averaged volume of Gitarenew is 3447

Date Daily Closing Price Open High Low Volume
27 Mon Sep 2021 124.00 124.00 124.00 124.00 0.594 times
24 Fri Sep 2021 118.10 118.10 118.10 118.10 0.466 times
23 Thu Sep 2021 112.50 112.50 112.50 112.50 0.213 times
22 Wed Sep 2021 107.15 107.15 107.15 107.15 0.69 times
21 Tue Sep 2021 102.05 102.05 102.05 102.05 0.317 times
20 Mon Sep 2021 97.20 97.20 97.20 97.20 0.557 times
17 Fri Sep 2021 92.60 92.60 92.60 92.60 0.772 times
16 Thu Sep 2021 88.20 79.80 88.20 79.80 4.708 times
15 Wed Sep 2021 84.00 84.00 84.00 84.00 1.31 times
14 Tue Sep 2021 88.40 88.40 88.40 88.40 0.525 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 127.4 as stoploss in an intra day sell trade for a target of 109.9. However, stock will show a bullish move above 127.4.

Share price targets for Gitarenew (Gitarenew)

Target Type Value
Downside Target 35.25
Downside Target 50.80
Downside Target 77.85
Downside Target 93.05
Downside Target 97.20
Downside Target 114.15
Downside Target 118.10
Downside Target 124.00
Upside Target 133.10
Upside Target 140.10
Upside Target 147.45
Upside Target 203.85
Upside Target 300.00

Intraday share price targets for Gitarenew (Gitarenew)

Target Type Value
Downside Intraday Target 124
Downside Intraday Target 124
Downside Intraday Target 124
Downside Intraday Target 124
Downside Intraday Target 124

Weekly technical analysis of Gitarenew (Gitarenew)

Date Weekly Closing Price Open High Low Volume
27 Mon Sep 2021 124.00 124.00 124.00 124.00 0.265 times
24 Fri Sep 2021 118.10 97.20 118.10 97.20 0.289 times
17 Fri Sep 2021 92.60 93.05 93.05 79.80 3.845 times
09 Thu Sep 2021 97.90 114.15 114.15 97.90 0.22 times
03 Fri Sep 2021 120.15 147.45 147.45 120.15 18.447 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 Gitarenew (Gitarenew)

Date Monthly Closing Price Open High Low Volume
27 Mon Sep 2021 124.00 133.10 133.10 79.80 1.017 times
31 Tue Aug 2021 140.10 214.00 300.00 140.10 1.37 times
30 Fri Jul 2021 203.85 79.40 203.85 79.40 1.619 times
30 Wed Jun 2021 77.85 51.80 77.85 51.80 1.055 times

Scroll below to view daily charts

Price has moved down 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 Gitarenew (Gitarenew)

Indicator Name Indicator Value Indicator Signal
ADX 49, 40, 10 Buy
MACD -23, -29Buy
Stochastics 100Buy
CCI 131Buy
RSI 53Buy
OBV -18400Sell
VWAP 94Buy
ADL 0Sell
ROC 33Buy
Force Index 0Sell

Price action analysis of Gitarenew ( (Gitarenew) ) based on a short term time period is

Price action analysis of Gitarenew ( (Gitarenew) ) based on a short term time period is

Price action analysis of Gitarenew ( (Gitarenew) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Gitarenew ( (Gitarenew) ) 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 Gitarenew stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Gitarenew 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.

Gitarenew 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 Gitarenew 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Gitarenew is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 94.19 and Gitarenew (Gitarenew) 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 Gitarenew (Gitarenew) stock. Volume based technical analysis of Gitarenew (Gitarenew) stock is negative.

Gitarenew 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.

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Daily charts

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