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)

10 day averaged volume of Gitarenew is 2881

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Oct 2023	120.35	120.55	123.85	120.00	1.3 times
29 Fri Sep 2023	123.30	126.45	126.45	119.00	1.198 times
28 Thu Sep 2023	123.40	125.00	125.50	117.00	0.745 times
27 Wed Sep 2023	120.25	123.00	127.00	119.00	1.541 times
26 Tue Sep 2023	121.30	116.90	122.00	116.90	0.706 times
25 Mon Sep 2023	123.05	125.20	125.30	120.00	0.524 times
22 Fri Sep 2023	122.80	126.50	126.50	120.05	0.943 times
21 Thu Sep 2023	123.60	126.00	128.00	123.00	0.755 times
20 Wed Sep 2023	125.85	128.00	128.00	123.50	1.149 times
18 Mon Sep 2023	127.50	128.75	129.95	124.20	1.118 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 122, but if it comes above 122, then a intra day buy could be more profitable.
If you take a sell trade below 122, then use 122 as stoploss and 117.3 as target. However if you take a buy trade in stock , then use 122 as stoploss and 125.99 as target.

Share price targets for Gitarenew (Gitarenew)

Target Type	Value
Downside Target	73.81
Downside Target	90.95
Downside Target	97.00
Downside Target	106.75
Downside Target	116.43
Upside Target	123.85
Upside Target	127.00
Upside Target	127.25
Upside Target	129.95
Upside Target	135.00
Upside Target	139.00
Upside Target	144.30

Intraday share price targets for Gitarenew (Gitarenew)

Target Type	Value
Downside Intraday Target	118.95
Downside Intraday Target	117.55
Upside Intraday Target	122.8
Upside Intraday Target	125.25
Upside Intraday Target	121.4

Weekly technical analysis of Gitarenew (Gitarenew)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Oct 2023	120.35	120.55	123.85	120.00	0.276 times
29 Fri Sep 2023	123.30	125.20	127.00	116.90	1.189 times
22 Fri Sep 2023	122.80	128.75	129.95	120.05	0.388 times
15 Fri Sep 2023	126.20	132.30	135.00	118.00	1.019 times
08 Fri Sep 2023	129.70	133.15	139.00	127.25	0.883 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
03 Tue Oct 2023	120.35	120.55	123.85	120.00	0.042 times
29 Fri Sep 2023	123.30	136.65	139.00	116.90	0.183 times
31 Thu Aug 2023	134.10	103.20	144.30	97.00	3.532 times
31 Mon Jul 2023	100.25	103.90	106.75	90.95	0.248 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)

Price action analysis of Gitarenew ( (Gitarenew) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Gitarenew in short term but the sell 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Gitarenew in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 123.04 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.