(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 2022-05-16 View latest technical analysis
10 day averaged volume of Gitarenew is 7205
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 169.70 | 180.95 | 180.95 | 165.15 | 0.798 times |
| 13 Fri May 2022 | 173.80 | 160.05 | 173.85 | 160.05 | 1.361 times |
| 12 Thu May 2022 | 165.60 | 165.50 | 174.00 | 165.50 | 1.456 times |
| 11 Wed May 2022 | 174.20 | 176.25 | 179.70 | 174.20 | 0.606 times |
| 10 Tue May 2022 | 183.35 | 184.20 | 184.20 | 170.00 | 2.275 times |
| 09 Mon May 2022 | 175.45 | 175.45 | 175.45 | 175.45 | 0.949 times |
| 06 Fri May 2022 | 167.10 | 170.45 | 172.00 | 160.00 | 0.508 times |
| 05 Thu May 2022 | 167.70 | 175.00 | 175.00 | 165.30 | 0.407 times |
| 04 Wed May 2022 | 168.55 | 175.00 | 176.00 | 164.05 | 0.466 times |
| 02 Mon May 2022 | 167.70 | 170.90 | 175.00 | 165.00 | 0.8 times |
My analysis of stock is bearish for shortterm, and stock might move down till 165.8 or till 156.8. Use a stoploss of 173.36 and if the stock hits stoploss, then it can shoot up till 180.91
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 136.00 |
| Downside Target | 157.80 |
| Downside Target | 165.15 |
| Upside Target | 176.00 |
| Upside Target | 179.95 |
| Upside Target | 184.20 |
| 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 | 162.92 |
| Downside Intraday Target | 156.13 |
| Upside Intraday Target | 178.72 |
| Upside Intraday Target | 187.73 |
| Upside Intraday Target | 171.93 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 169.70 | 180.95 | 180.95 | 165.15 | 0.12 times |
| 13 Fri May 2022 | 173.80 | 175.45 | 184.20 | 160.05 | 3.048 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 |
Price has moved down 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 Mon May 2022 | 169.70 | 170.90 | 184.20 | 160.00 | 0.419 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 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 | 21, 22, 3 | Sell |
| MACD | -9, -9 | Buy |
| Stochastics | 40 | None |
| CCI | 9 | Buy |
| RSI | 54 | Buy |
| OBV | -4611 | Sell |
| VWAP | 173 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
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 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.
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 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 173.29 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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