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(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 2022-08-10 View latest technical analysis

10 day averaged volume of Gitarenew is 2858

Date Daily Closing Price Open High Low Volume
10 Wed Aug 2022 144.35 143.05 149.35 141.00 0.508 times
08 Mon Aug 2022 144.05 145.50 150.00 140.00 1.019 times
05 Fri Aug 2022 143.60 149.00 149.00 142.00 0.858 times
04 Thu Aug 2022 146.30 150.25 150.25 140.25 1.219 times
03 Wed Aug 2022 145.65 149.00 154.00 145.55 1.441 times
02 Tue Aug 2022 146.70 149.00 151.00 143.05 1.649 times
01 Mon Aug 2022 147.15 140.50 153.00 140.50 0.941 times
29 Fri Jul 2022 144.95 145.00 148.90 143.20 0.586 times
28 Thu Jul 2022 145.75 148.45 150.00 145.00 0.59 times
27 Wed Jul 2022 148.45 142.00 151.00 140.00 1.239 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 144.5, but if it comes above 144.5, then a intra day buy could be more profitable.
If you take a sell trade below 144.5, then use 144.5 as stoploss and 142.8 as target. However if you take a buy trade in stock , then use 144.5 as stoploss and 145.89 as target.

Share price targets for Gitarenew (Gitarenew)

Target Type Value
Downside Target 135.00
Downside Target 139.00
Upside Target 145.00
Upside Target 150.00
Upside Target 154.00
Upside Target 160.60
Upside Target 166.00
Upside Target 170.00
Upside Target 184.20
Upside Target 204.00

Intraday share price targets for Gitarenew (Gitarenew)

Target Type Value
Downside Intraday Target 139.57
Downside Intraday Target 134.78
Upside Intraday Target 149.57
Upside Intraday Target 154.78
Upside Intraday Target 144.78

Weekly technical analysis of Gitarenew (Gitarenew)

Date Weekly Closing Price Open High Low Volume
10 Wed Aug 2022 144.35 145.50 150.00 140.00 0.25 times
05 Fri Aug 2022 143.60 140.50 154.00 140.25 1.871 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

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
10 Wed Aug 2022 144.35 140.50 154.00 140.00 0.631 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 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 10, 14, 18 Sell
MACD -4, -4Buy
Stochastics 29Sell
CCI -83Buy
RSI 47Sell
OBV -26Sell
VWAP 146Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Gitarenew Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Gitarenew in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 145.95 and Gitarenew (Gitarenew) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 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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Daily charts

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