Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

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

(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 2022-07-28 View latest technical analysis

10 day averaged volume of Gitarenew is 1582

Date Daily Closing Price Open High Low Volume
28 Thu Jul 2022 145.75 148.45 150.00 145.00 1.065 times
27 Wed Jul 2022 148.45 142.00 151.00 140.00 2.238 times
26 Tue Jul 2022 143.45 145.20 149.00 143.10 0.827 times
25 Mon Jul 2022 147.20 146.50 148.00 142.00 0.709 times
22 Fri Jul 2022 146.95 146.25 147.00 146.10 0.444 times
21 Thu Jul 2022 146.55 144.30 151.70 144.30 0.889 times
20 Wed Jul 2022 145.45 147.90 147.90 143.30 1.21 times
19 Tue Jul 2022 145.30 154.00 154.00 143.00 1.608 times
18 Mon Jul 2022 148.65 145.00 149.95 142.00 1.219 times
15 Fri Jul 2022 145.30 150.80 150.80 143.30 0.417 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 145.1 as stoploss in an intra day buy trade for a target of 147.35. However, stock will show a bearish move below 145.1.

Share price targets for Gitarenew (Gitarenew)

Target Type Value
Downside Target 135.00
Downside Target 139.00
Upside Target 151.00
Upside Target 160.60
Upside Target 160.70
Upside Target 166.00
Upside Target 170.00
Upside Target 183.30
Upside Target 184.20
Upside Target 204.00
Upside Target 229.70

Intraday share price targets for Gitarenew (Gitarenew)

Target Type Value
Downside Intraday Target 140.17
Downside Intraday Target 134.58
Upside Intraday Target 151.17
Upside Intraday Target 156.58
Downside Intraday Target 145.58

Weekly technical analysis of Gitarenew (Gitarenew)

Date Weekly Closing Price Open High Low Volume
28 Thu Jul 2022 145.75 146.50 151.00 140.00 0.901 times
22 Fri Jul 2022 146.95 145.00 154.00 142.00 1.573 times
15 Fri Jul 2022 145.30 153.00 153.00 140.00 0.651 times
08 Fri Jul 2022 147.75 157.25 160.70 139.00 0.823 times
01 Fri Jul 2022 153.70 156.00 166.00 142.30 1.031 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
28 Thu Jul 2022 145.75 145.05 166.00 139.00 0.602 times
30 Thu Jun 2022 150.95 156.95 170.00 135.00 0.465 times
31 Tue May 2022 152.75 170.90 184.20 145.00 0.71 times
29 Fri Apr 2022 170.90 195.00 204.00 160.60 1.148 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 12, 16, 14 Sell
MACD -4, -5Buy
Stochastics 42None
CCI 48Buy
RSI 49Sell
OBV -1115Sell
VWAP 147Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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 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 coming down

CCI has generated a buy signal for Gitarenew in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 146.57 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

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme