(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 2022-11-09 View latest technical analysis
10 day averaged volume of Gitarenew is 1680
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Wed Nov 2022 | 130.75 | 130.05 | 133.85 | 130.05 | 0.638 times |
| 07 Mon Nov 2022 | 131.85 | 135.00 | 135.00 | 128.20 | 2.682 times |
| 04 Fri Nov 2022 | 130.95 | 131.20 | 131.20 | 126.90 | 0.58 times |
| 03 Thu Nov 2022 | 130.10 | 132.00 | 132.00 | 125.20 | 0.296 times |
| 02 Wed Nov 2022 | 129.65 | 126.00 | 132.20 | 124.50 | 1.169 times |
| 01 Tue Nov 2022 | 126.30 | 124.45 | 132.00 | 124.45 | 1.288 times |
| 31 Mon Oct 2022 | 127.00 | 126.00 | 130.55 | 124.00 | 1.46 times |
| 28 Fri Oct 2022 | 130.55 | 134.00 | 134.00 | 129.80 | 0.478 times |
| 27 Thu Oct 2022 | 131.75 | 128.50 | 132.00 | 124.00 | 0.822 times |
| 25 Tue Oct 2022 | 126.10 | 139.00 | 139.00 | 123.05 | 0.802 times |
My analysis of stock is bullish for shortterm, and stock might move up till 132.6 or till 135.8. Use a stoploss of 129.89 and if this stock hits its stoploss, then it can fall down till 127.2
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 | 127.63 |
| Downside Intraday Target | 124.52 |
| Upside Intraday Target | 134.43 |
| Upside Intraday Target | 138.12 |
| Upside Intraday Target | 131.32 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Wed Nov 2022 | 130.75 | 135.00 | 135.00 | 128.20 | 0.693 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 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 |
| 09 Wed Nov 2022 | 130.75 | 124.45 | 135.00 | 124.45 | 0.417 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 | 16, 10, 22 | Buy |
| MACD | -3, -4 | Buy |
| Stochastics | 51 | None |
| CCI | 108 | Sell |
| RSI | 50 | Buy |
| OBV | -2714 | Sell |
| VWAP | 130 | Buy |
| ADL | 0 | Sell |
| ROC | 1 | 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 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 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 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 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 129.51 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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