(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 2022-08-03 View latest technical analysis
10 day averaged volume of Gitarenew is 2076
|Date||Daily Closing Price||Open||High||Low||Volume|
|03 Wed Aug 2022||145.65||149.00||154.00||145.55||1.984 times|
|02 Tue Aug 2022||146.70||149.00||151.00||143.05||2.271 times|
|01 Mon Aug 2022||147.15||140.50||153.00||140.50||1.296 times|
|29 Fri Jul 2022||144.95||145.00||148.90||143.20||0.807 times|
|28 Thu Jul 2022||145.75||148.45||150.00||145.00||0.812 times|
|27 Wed Jul 2022||148.45||142.00||151.00||140.00||1.705 times|
|26 Tue Jul 2022||143.45||145.20||149.00||143.10||0.63 times|
|25 Mon Jul 2022||147.20||146.50||148.00||142.00||0.54 times|
|22 Fri Jul 2022||146.95||146.25||147.00||146.10||0.338 times|
|21 Thu Jul 2022||146.55||144.30||151.70||144.30||0.677 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 145.2 as stoploss in an intra day buy trade for a target of 146.48. However, stock will show a bearish move below 145.2.
Share price targets for Gitarenew (Gitarenew)
Intraday share price targets for Gitarenew (Gitarenew)
|Downside Intraday Target||139.43|
|Downside Intraday Target||133.22|
|Upside Intraday Target||152.93|
|Upside Intraday Target||160.22|
|Upside Intraday Target||146.72|
Weekly technical analysis of Gitarenew (Gitarenew)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|03 Wed Aug 2022||145.65||140.50||154.00||140.50||1.235 times|
|29 Fri Jul 2022||144.95||146.50||151.00||140.00||1.098 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|
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|
|03 Wed Aug 2022||145.65||140.50||154.00||140.50||0.333 times|
|29 Fri Jul 2022||144.95||145.05||166.00||139.00||0.633 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|
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||16, 12, 13||Buy|
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 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 to mid term time period is
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 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 146.47 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 is giving positive returns over a short term period. Returns for a longer term period have been positive