(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 2022-11-10 View latest technical analysis
10 day averaged volume of Gitarenew is 1716
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Thu Nov 2022 | 126.35 | 130.10 | 140.00 | 125.00 | 6.395 times |
| 09 Wed Nov 2022 | 130.75 | 130.05 | 133.85 | 130.05 | 0.625 times |
| 07 Mon Nov 2022 | 131.85 | 135.00 | 135.00 | 128.20 | 2.626 times |
| 04 Fri Nov 2022 | 130.95 | 131.20 | 131.20 | 126.90 | 0.568 times |
| 03 Thu Nov 2022 | 130.10 | 132.00 | 132.00 | 125.20 | 0.29 times |
| 02 Wed Nov 2022 | 129.65 | 126.00 | 132.20 | 124.50 | 1.145 times |
| 01 Tue Nov 2022 | 126.30 | 124.45 | 132.00 | 124.45 | 1.261 times |
| 31 Mon Oct 2022 | 127.00 | 126.00 | 130.55 | 124.00 | 1.429 times |
| 28 Fri Oct 2022 | 130.55 | 134.00 | 134.00 | 129.80 | 0.468 times |
| 27 Thu Oct 2022 | 131.75 | 128.50 | 132.00 | 124.00 | 0.805 times |
Stock of Gitarenew (Gitarenew) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 126.9, but if it comes above 126.9, then a intra day buy could be more profitable.
If you take a sell trade below 126.9, then use 126.9 as stoploss and 123.9 as target. However if you take a buy trade in stock , then use 126.9 as stoploss and 129.46 as target.
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 121.00 |
| Upside Target | 128.05 |
| 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 | 120.9 |
| Downside Intraday Target | 115.45 |
| Upside Intraday Target | 135.9 |
| Upside Intraday Target | 145.45 |
| Upside Intraday Target | 130.45 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Thu Nov 2022 | 126.35 | 135.00 | 140.00 | 125.00 | 2.056 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, 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 |
| 10 Thu Nov 2022 | 126.35 | 124.45 | 140.00 | 124.45 | 0.826 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 down 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 | 21, 8, 44 | Buy |
| MACD | -3, -4 | Buy |
| Stochastics | 39 | None |
| CCI | 40 | Sell |
| RSI | 47 | Sell |
| OBV | -11669 | Sell |
| VWAP | 128 | Sell |
| ADL | 0 | Sell |
| ROC | 0 | 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 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 to mid 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 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.
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 getting stronger in this stock.
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 SELL signal in short term and selling is picking up 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 128.39 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 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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