(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 2022-05-11 View latest technical analysis
10 day averaged volume of Gitarenew is 6825
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed May 2022 | 174.20 | 176.25 | 179.70 | 174.20 | 0.64 times |
| 10 Tue May 2022 | 183.35 | 184.20 | 184.20 | 170.00 | 2.402 times |
| 09 Mon May 2022 | 175.45 | 175.45 | 175.45 | 175.45 | 1.002 times |
| 06 Fri May 2022 | 167.10 | 170.45 | 172.00 | 160.00 | 0.536 times |
| 05 Thu May 2022 | 167.70 | 175.00 | 175.00 | 165.30 | 0.43 times |
| 04 Wed May 2022 | 168.55 | 175.00 | 176.00 | 164.05 | 0.492 times |
| 02 Mon May 2022 | 167.70 | 170.90 | 175.00 | 165.00 | 0.845 times |
| 29 Fri Apr 2022 | 170.90 | 166.15 | 183.50 | 166.15 | 1.237 times |
| 28 Thu Apr 2022 | 174.85 | 184.05 | 184.05 | 174.85 | 0.657 times |
| 27 Wed Apr 2022 | 184.05 | 203.35 | 203.35 | 184.05 | 1.237 times |
My analysis of stock is bearish for shortterm, and stock might move down till 166.9 or till 157.9. Use a stoploss of 174.44 and if the stock hits stoploss, then it can shoot up till 181.96
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 136.00 |
| Downside Target | 157.80 |
| Downside Target | 166.15 |
| Upside Target | 176.00 |
| Upside Target | 179.95 |
| Upside Target | 184.20 |
| 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 | 168.07 |
| Downside Intraday Target | 161.93 |
| Upside Intraday Target | 182.27 |
| Upside Intraday Target | 190.33 |
| Upside Intraday Target | 176.13 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed May 2022 | 174.20 | 175.45 | 184.20 | 170.00 | 1.756 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Gitarenew (Gitarenew)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 11 Wed May 2022 | 174.20 | 170.90 | 184.20 | 160.00 | 0.262 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 | 21, 17, 10 | Buy |
| MACD | -9, -10 | Buy |
| Stochastics | 41 | None |
| CCI | 17 | Sell |
| RSI | 54 | Buy |
| OBV | -13408 | Sell |
| VWAP | 176 | Sell |
| ADL | 0 | Sell |
| ROC | -10 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Gitarenew ( (Gitarenew) ) 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 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 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 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 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 coming down
CCI has generated a SELL signal for Gitarenew in short term but SELL signal is weak.
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 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 175.98 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.
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