(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 5720
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed May 2023 | 76.37 | 78.00 | 80.00 | 75.11 | 0.724 times |
| 30 Tue May 2023 | 76.45 | 79.90 | 81.29 | 75.17 | 1.42 times |
| 29 Mon May 2023 | 75.81 | 74.88 | 78.84 | 73.00 | 1.485 times |
| 26 Fri May 2023 | 73.42 | 74.95 | 74.95 | 73.00 | 0.431 times |
| 25 Thu May 2023 | 73.50 | 74.60 | 74.60 | 72.46 | 0.498 times |
| 24 Wed May 2023 | 73.14 | 74.00 | 75.99 | 71.50 | 2.36 times |
| 23 Tue May 2023 | 76.08 | 79.40 | 79.40 | 75.05 | 0.798 times |
| 22 Mon May 2023 | 77.81 | 79.50 | 79.50 | 76.00 | 0.557 times |
| 19 Fri May 2023 | 77.95 | 79.15 | 80.00 | 76.50 | 0.637 times |
| 18 Thu May 2023 | 77.60 | 78.00 | 82.00 | 77.00 | 0.957 times |
My analysis of stock is bearish for shortterm, and stock might move down till 74.5 or till 72. Use a stoploss of 76.56 and if the stock hits stoploss, then it can shoot up till 78.64
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 70.00 |
| Downside Target | 71.50 |
| Downside Target | 73.00 |
| Upside Target | 78.60 |
| Upside Target | 81.29 |
| Upside Target | 84.50 |
| Upside Target | 85.18 |
| Upside Target | 88.00 |
| Upside Target | 92.64 |
| Upside Target | 94.50 |
| Upside Target | 100.75 |
| Upside Target | 113.50 |
| Upside Target | 123.00 |
Intraday share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Intraday Target | 72.48 |
| Downside Intraday Target | 68.6 |
| Upside Intraday Target | 80.77 |
| Upside Intraday Target | 85.18 |
| Upside Intraday Target | 76.89 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed May 2023 | 76.37 | 74.88 | 81.29 | 73.00 | 0.782 times |
| 26 Fri May 2023 | 73.42 | 79.50 | 79.50 | 71.50 | 1.049 times |
| 19 Fri May 2023 | 77.95 | 78.82 | 82.00 | 73.50 | 0.556 times |
| 12 Fri May 2023 | 78.82 | 83.25 | 85.18 | 75.10 | 0.599 times |
| 05 Fri May 2023 | 81.35 | 75.00 | 84.50 | 70.00 | 2.732 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 |
| 31 Wed May 2023 | 76.37 | 75.00 | 85.18 | 70.00 | 2.119 times |
| 28 Fri Apr 2023 | 76.69 | 92.64 | 92.64 | 74.00 | 1.481 times |
| 31 Fri Mar 2023 | 89.54 | 94.95 | 100.75 | 78.60 | 0.367 times |
| 28 Tue Feb 2023 | 91.75 | 99.00 | 123.00 | 88.00 | 3.229 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Gitarenew (Gitarenew)
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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. 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 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 SELL signal for Gitarenew in short term but SELL signal is weak.
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 75.53 and Gitarenew (Gitarenew) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. 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 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 SELL signal for Gitarenew in short term but SELL signal is weak.
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 75.53 and Gitarenew (Gitarenew) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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