(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 2022-09-20 View latest technical analysis
10 day averaged volume of Gitarenew is 2951
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Sep 2022 | 136.55 | 140.00 | 140.00 | 131.30 | 0.853 times |
| 19 Mon Sep 2022 | 136.10 | 137.75 | 140.90 | 121.00 | 0.656 times |
| 16 Fri Sep 2022 | 140.55 | 142.00 | 142.00 | 139.00 | 0.579 times |
| 15 Thu Sep 2022 | 141.25 | 140.35 | 142.00 | 137.60 | 0.492 times |
| 14 Wed Sep 2022 | 139.10 | 139.00 | 141.95 | 137.60 | 0.469 times |
| 13 Tue Sep 2022 | 139.85 | 139.20 | 145.00 | 139.20 | 1.593 times |
| 12 Mon Sep 2022 | 140.00 | 146.50 | 146.50 | 138.20 | 1.205 times |
| 09 Fri Sep 2022 | 143.60 | 148.00 | 148.00 | 140.05 | 0.717 times |
| 08 Thu Sep 2022 | 143.70 | 140.00 | 150.00 | 138.00 | 2.627 times |
| 07 Wed Sep 2022 | 140.60 | 143.30 | 143.30 | 137.00 | 0.679 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 135.2 as stoploss in an intra day buy trade for a target of 138.32. However, stock will show a bearish move below 135.2.
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 121.00 |
| Downside Target | 133.00 |
| Upside Target | 144.00 |
| Upside Target | 145.00 |
| Upside Target | 146.50 |
| Upside Target | 150.00 |
| Upside Target | 154.00 |
| Upside Target | 166.00 |
| Upside Target | 170.00 |
| Upside Target | 184.20 |
Intraday share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Intraday Target | 124.73 |
| Downside Intraday Target | 112.92 |
| Upside Intraday Target | 144.63 |
| Upside Intraday Target | 152.72 |
| Downside Intraday Target | 132.82 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Sep 2022 | 136.55 | 137.75 | 140.90 | 121.00 | 0.348 times |
| 16 Fri Sep 2022 | 140.55 | 146.50 | 146.50 | 137.60 | 0.635 times |
| 09 Fri Sep 2022 | 143.60 | 148.00 | 150.00 | 133.00 | 1.198 times |
| 02 Fri Sep 2022 | 139.20 | 132.15 | 144.00 | 121.10 | 1.502 times |
| 26 Fri Aug 2022 | 134.40 | 138.95 | 140.00 | 133.00 | 0.767 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 |
| 20 Tue Sep 2022 | 136.55 | 131.00 | 150.00 | 121.00 | 0.913 times |
| 30 Tue Aug 2022 | 134.00 | 140.50 | 154.00 | 121.10 | 1.594 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 |
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 | 8, 29, 57 | Sell |
| MACD | -3, -3 | Sell |
| Stochastics | 50 | None |
| CCI | -114 | Buy |
| RSI | 53 | Buy |
| OBV | 1326 | Sell |
| VWAP | 141 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Gitarenew in short term and the sell signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term but buying is losing 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 140.76 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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