(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 2022-05-10 View latest technical analysis
10 day averaged volume of Gitarenew is 6021
|Date||Daily Closing Price||Open||High||Low||Volume|
|10 Tue May 2022||183.35||184.20||184.20||170.00||2.722 times|
|09 Mon May 2022||175.45||175.45||175.45||175.45||1.136 times|
|06 Fri May 2022||167.10||170.45||172.00||160.00||0.608 times|
|05 Thu May 2022||167.70||175.00||175.00||165.30||0.487 times|
|04 Wed May 2022||168.55||175.00||176.00||164.05||0.558 times|
|02 Mon May 2022||167.70||170.90||175.00||165.00||0.958 times|
|29 Fri Apr 2022||170.90||166.15||183.50||166.15||1.402 times|
|28 Thu Apr 2022||174.85||184.05||184.05||174.85||0.745 times|
|27 Wed Apr 2022||184.05||203.35||203.35||184.05||1.402 times|
|26 Tue Apr 2022||193.70||193.70||193.70||193.70||1.318 times|
Stock of Gitarenew (Gitarenew) has showed a significant upmove. This could be a good time to enter in this stock!
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 183.4 as stoploss in an intra day sell trade for a target of 175.2. However, stock will show a bullish move above 183.4.
Share price targets for Gitarenew (Gitarenew)
Intraday share price targets for Gitarenew (Gitarenew)
|Downside Intraday Target||174.17|
|Downside Intraday Target||164.98|
|Upside Intraday Target||188.37|
|Upside Intraday Target||193.38|
|Downside Intraday Target||179.18|
Weekly technical analysis of Gitarenew (Gitarenew)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|10 Tue May 2022||183.35||175.45||184.20||170.00||1.478 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|
|10 Tue May 2022||183.35||170.90||184.20||160.00||0.236 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||23, 19, 10||Buy|
Price action analysis of Gitarenew ( (Gitarenew) ) based on a short 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 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 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 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 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 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 and BUY 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 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 178.16 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 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.