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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)

10 day averaged volume of Gitarenew is 2710

Date Daily Closing Price Open High Low Volume
16 Tue Aug 2022 144.00 143.00 147.00 142.20 1.081 times
12 Fri Aug 2022 143.00 147.00 147.45 143.00 0.708 times
11 Thu Aug 2022 147.45 148.00 148.00 142.30 0.62 times
10 Wed Aug 2022 144.35 143.05 149.35 141.00 0.536 times
08 Mon Aug 2022 144.05 145.50 150.00 140.00 1.075 times
05 Fri Aug 2022 143.60 149.00 149.00 142.00 0.905 times
04 Thu Aug 2022 146.30 150.25 150.25 140.25 1.286 times
03 Wed Aug 2022 145.65 149.00 154.00 145.55 1.52 times
02 Tue Aug 2022 146.70 149.00 151.00 143.05 1.739 times
01 Mon Aug 2022 147.15 140.50 153.00 140.50 0.993 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 144.1, but if it comes above 144.1, then a intra day buy could be more profitable.
If you take a sell trade below 144.1, then use 144.1 as stoploss and 142.2 as target. However if you take a buy trade in stock , then use 144.1 as stoploss and 145.75 as target.

Share price targets for Gitarenew (Gitarenew)

Target Type Value
Downside Target 135.00
Downside Target 139.00
Upside Target 150.00
Upside Target 154.00
Upside Target 160.60
Upside Target 166.00
Upside Target 170.00
Upside Target 184.20
Upside Target 204.00

Intraday share price targets for Gitarenew (Gitarenew)

Target Type Value
Downside Intraday Target 141.8
Downside Intraday Target 139.6
Upside Intraday Target 146.6
Upside Intraday Target 149.2
Upside Intraday Target 144.4

Weekly technical analysis of Gitarenew (Gitarenew)

Date Weekly Closing Price Open High Low Volume
16 Tue Aug 2022 144.00 143.00 147.00 142.20 0.368 times
12 Fri Aug 2022 143.00 145.50 150.00 140.00 0.456 times
05 Fri Aug 2022 143.60 140.50 154.00 140.25 1.871 times
30 Sat Jul 2022 144.95 146.50 151.00 140.00 1.098 times
22 Fri Jul 2022 146.95 145.00 154.00 142.00 1.573 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
16 Tue Aug 2022 144.00 140.50 154.00 140.00 0.82 times
30 Sat Jul 2022 144.95 145.05 166.00 139.00 0.633 times
30 Thu Jun 2022 150.95 156.95 170.00 135.00 0.454 times
31 Tue May 2022 152.75 170.90 184.20 145.00 0.728 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 8, 13, 22 Sell
MACD -3, -4Buy
Stochastics 34None
CCI -82Sell
RSI 45Sell
OBV 4685Sell
VWAP 145Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Gitarenew ( (Gitarenew) ) based on a short 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.

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

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 SELL. Signal strength is Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Gitarenew in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 145.4 and Gitarenew (Gitarenew) 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 Gitarenew (Gitarenew) stock. Volume based technical analysis of Gitarenew (Gitarenew) stock is negative.

Gitarenew 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 Gitarenew charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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