(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 2022-11-04 View latest technical analysis
10 day averaged volume of Gitarenew is 1320
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Fri Nov 2022 | 130.95 | 131.20 | 131.20 | 126.90 | 0.738 times |
| 03 Thu Nov 2022 | 130.10 | 132.00 | 132.00 | 125.20 | 0.377 times |
| 02 Wed Nov 2022 | 129.65 | 126.00 | 132.20 | 124.50 | 1.488 times |
| 01 Tue Nov 2022 | 126.30 | 124.45 | 132.00 | 124.45 | 1.639 times |
| 31 Mon Oct 2022 | 127.00 | 126.00 | 130.55 | 124.00 | 1.858 times |
| 28 Fri Oct 2022 | 130.55 | 134.00 | 134.00 | 129.80 | 0.608 times |
| 27 Thu Oct 2022 | 131.75 | 128.50 | 132.00 | 124.00 | 1.046 times |
| 25 Tue Oct 2022 | 126.10 | 139.00 | 139.00 | 123.05 | 1.02 times |
| 24 Mon Oct 2022 | 129.00 | 129.00 | 129.50 | 125.00 | 0.536 times |
| 21 Fri Oct 2022 | 126.00 | 126.00 | 129.95 | 125.00 | 0.705 times |
My analysis of stock is bullish for shortterm, and stock might move up till 133.1 or till 136.6. Use a stoploss of 130.16 and if this stock hits its stoploss, then it can fall down till 127.22
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 121.00 |
| Downside Target | 128.05 |
| Upside Target | 132.20 |
| Upside Target | 139.00 |
| Upside Target | 140.00 |
| Upside Target | 141.00 |
| Upside Target | 150.00 |
| Upside Target | 154.00 |
| Upside Target | 166.00 |
Intraday share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Intraday Target | 125.9 |
| Downside Intraday Target | 120.85 |
| Upside Intraday Target | 134.1 |
| Upside Intraday Target | 137.25 |
| Downside Intraday Target | 129.05 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Fri Nov 2022 | 130.95 | 126.00 | 132.20 | 124.00 | 1.9 times |
| 28 Fri Oct 2022 | 130.55 | 129.00 | 139.00 | 123.05 | 0.892 times |
| 21 Fri Oct 2022 | 126.00 | 126.00 | 130.00 | 125.00 | 0.595 times |
| 14 Fri Oct 2022 | 132.90 | 135.95 | 140.00 | 128.05 | 1.084 times |
| 07 Fri Oct 2022 | 133.85 | 131.50 | 141.00 | 131.00 | 0.719 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Gitarenew (Gitarenew)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Fri Nov 2022 | 130.95 | 124.45 | 132.20 | 124.45 | 0.209 times |
| 31 Mon Oct 2022 | 127.00 | 131.50 | 141.00 | 123.05 | 0.382 times |
| 30 Fri Sep 2022 | 133.15 | 131.00 | 150.00 | 121.00 | 1.272 times |
| 30 Tue Aug 2022 | 134.00 | 140.50 | 154.00 | 121.10 | 1.594 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 | 13, 12, 3 | Buy |
| MACD | -4, -4 | Buy |
| Stochastics | 45 | None |
| CCI | 60 | Buy |
| RSI | 51 | Buy |
| OBV | -3999 | Sell |
| VWAP | 128 | Buy |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
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 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 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 in or above the red cloud Prices appear to be moving up
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 but buying is losing 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 128.34 and Gitarenew (Gitarenew) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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