(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 2022-11-07 View latest technical analysis
10 day averaged volume of Gitarenew is 1322
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Nov 2022 | 131.85 | 135.00 | 135.00 | 128.20 | 3.408 times |
| 04 Fri Nov 2022 | 130.95 | 131.20 | 131.20 | 126.90 | 0.737 times |
| 03 Thu Nov 2022 | 130.10 | 132.00 | 132.00 | 125.20 | 0.376 times |
| 02 Wed Nov 2022 | 129.65 | 126.00 | 132.20 | 124.50 | 1.486 times |
| 01 Tue Nov 2022 | 126.30 | 124.45 | 132.00 | 124.45 | 1.637 times |
| 31 Mon Oct 2022 | 127.00 | 126.00 | 130.55 | 124.00 | 1.856 times |
| 28 Fri Oct 2022 | 130.55 | 134.00 | 134.00 | 129.80 | 0.607 times |
| 27 Thu Oct 2022 | 131.75 | 128.50 | 132.00 | 124.00 | 1.045 times |
| 25 Tue Oct 2022 | 126.10 | 139.00 | 139.00 | 123.05 | 1.019 times |
| 24 Mon Oct 2022 | 129.00 | 129.00 | 129.50 | 125.00 | 0.535 times |
Stock of Gitarenew (Gitarenew) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 132.9 as stoploss in an intra day sell trade for a target of 130.05. However, stock will show a bullish move above 132.9.
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 121.00 |
| Downside Target | 128.05 |
| Upside Target | 135.00 |
| 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 | 128.37 |
| Downside Intraday Target | 124.88 |
| Upside Intraday Target | 135.17 |
| Upside Intraday Target | 138.48 |
| Downside Intraday Target | 131.68 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Nov 2022 | 131.85 | 135.00 | 135.00 | 128.20 | 0.56 times |
| 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 |
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 |
| 07 Mon Nov 2022 | 131.85 | 124.45 | 135.00 | 124.45 | 0.377 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 | 17, 11, 22 | Buy |
| MACD | -3, -4 | Buy |
| Stochastics | 50 | None |
| CCI | 151 | Buy |
| RSI | 49 | Sell |
| OBV | 507 | Sell |
| VWAP | 129 | Buy |
| ADL | 0 | Sell |
| ROC | 5 | Buy |
| Force Index | 0 | Sell |
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 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 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 BUY. Signal strength is Strong and stock is gaining 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 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 129.41 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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