(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 2022-05-09 View latest technical analysis
10 day averaged volume of Gitarenew is 6676
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon May 2022 | 175.45 | 175.45 | 175.45 | 175.45 | 1.024 times |
| 06 Fri May 2022 | 167.10 | 170.45 | 172.00 | 160.00 | 0.548 times |
| 05 Thu May 2022 | 167.70 | 175.00 | 175.00 | 165.30 | 0.439 times |
| 04 Wed May 2022 | 168.55 | 175.00 | 176.00 | 164.05 | 0.503 times |
| 02 Mon May 2022 | 167.70 | 170.90 | 175.00 | 165.00 | 0.864 times |
| 29 Fri Apr 2022 | 170.90 | 166.15 | 183.50 | 166.15 | 1.264 times |
| 28 Thu Apr 2022 | 174.85 | 184.05 | 184.05 | 174.85 | 0.672 times |
| 27 Wed Apr 2022 | 184.05 | 203.35 | 203.35 | 184.05 | 1.265 times |
| 26 Tue Apr 2022 | 193.70 | 193.70 | 193.70 | 193.70 | 1.189 times |
| 25 Mon Apr 2022 | 184.50 | 184.50 | 184.50 | 183.50 | 1.251 times |
My analysis of stock is bullish for shortterm, and stock might move up till 183.8 or till 193.9. Use a stoploss of 175.38 and if this stock hits its stoploss, then it can fall down till 166.98
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 136.00 |
| Downside Target | 157.80 |
| Downside Target | 166.15 |
| Downside Target | 175.45 |
| Upside Target | 179.95 |
| Upside Target | 183.30 |
| Upside Target | 193.15 |
| Upside Target | 203.35 |
| Upside Target | 204.00 |
| Upside Target | 229.70 |
| Upside Target | 243.50 |
| Upside Target | 323.70 |
Intraday share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Intraday Target | 175.45 |
| Downside Intraday Target | 175.45 |
| Downside Intraday Target | 175.45 |
| Downside Intraday Target | 175.45 |
| Downside Intraday Target | 175.45 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon May 2022 | 175.45 | 175.45 | 175.45 | 175.45 | 0.435 times |
| 06 Fri May 2022 | 167.10 | 170.90 | 176.00 | 160.00 | 0.417 times |
| 29 Fri Apr 2022 | 170.90 | 184.50 | 203.35 | 166.15 | 0.986 times |
| 22 Fri Apr 2022 | 175.75 | 173.00 | 179.95 | 160.60 | 1.213 times |
| 13 Wed Apr 2022 | 172.95 | 193.15 | 193.15 | 167.60 | 0.615 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 |
| 09 Mon May 2022 | 175.45 | 170.90 | 176.00 | 160.00 | 0.136 times |
| 29 Fri Apr 2022 | 170.90 | 195.00 | 204.00 | 160.60 | 1.148 times |
| 31 Thu Mar 2022 | 199.45 | 208.40 | 229.70 | 183.30 | 2.385 times |
| 28 Mon Feb 2022 | 198.50 | 157.80 | 243.50 | 157.80 | 0.611 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 Gitarenew (Gitarenew)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 17, 21, 10 | Sell |
| MACD | -11, -11 | Buy |
| Stochastics | 21 | Sell |
| CCI | -13 | Buy |
| RSI | 56 | Buy |
| OBV | -21342 | Sell |
| VWAP | 178 | Sell |
| ADL | 0 | Sell |
| ROC | -0 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Gitarenew ( (Gitarenew) ) based on a short 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 Gitarenew ( (Gitarenew) ) 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 Gitarenew ( (Gitarenew) ) 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 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 Weak and stock is losing 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 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Gitarenew in short term but BUY signal is weak.
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 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 177.62 and Gitarenew (Gitarenew) stock is trading below this level. This means that stock is falling with high volumes. 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 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.
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