(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 2022-11-11 View latest technical analysis
10 day averaged volume of Gitarenew is 2679
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Nov 2022 | 129.00 | 128.90 | 151.60 | 110.00 | 5.088 times |
| 10 Thu Nov 2022 | 126.35 | 130.10 | 140.00 | 125.00 | 4.096 times |
| 09 Wed Nov 2022 | 130.75 | 130.05 | 133.85 | 130.05 | 0.4 times |
| 07 Mon Nov 2022 | 131.85 | 135.00 | 135.00 | 128.20 | 1.682 times |
| 04 Fri Nov 2022 | 130.95 | 131.20 | 131.20 | 126.90 | 0.364 times |
| 03 Thu Nov 2022 | 130.10 | 132.00 | 132.00 | 125.20 | 0.186 times |
| 02 Wed Nov 2022 | 129.65 | 126.00 | 132.20 | 124.50 | 0.733 times |
| 01 Tue Nov 2022 | 126.30 | 124.45 | 132.00 | 124.45 | 0.808 times |
| 31 Mon Oct 2022 | 127.00 | 126.00 | 130.55 | 124.00 | 0.916 times |
| 28 Fri Oct 2022 | 130.55 | 134.00 | 134.00 | 129.80 | 0.3 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 bearish for shortterm, and stock might move down till 127 or till 124.4. Use a stoploss of 129.15 and if the stock hits stoploss, then it can shoot up till 131.32
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 110.00 |
| Downside Target | 121.00 |
| Downside Target | 128.05 |
| Upside Target | 139.00 |
| Upside Target | 140.00 |
| Upside Target | 141.00 |
| Upside Target | 150.00 |
| Upside Target | 151.60 |
| Upside Target | 154.00 |
| Upside Target | 166.00 |
Intraday share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Intraday Target | 108.8 |
| Downside Intraday Target | 88.6 |
| Upside Intraday Target | 150.4 |
| Upside Intraday Target | 171.8 |
| Upside Intraday Target | 130.2 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Nov 2022 | 129.00 | 135.00 | 151.60 | 110.00 | 3.748 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 |
| 11 Fri Nov 2022 | 129.00 | 124.45 | 151.60 | 110.00 | 1.334 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, 19, 19 | Sell |
| MACD | -3, -3 | Buy |
| Stochastics | 36 | None |
| CCI | 22 | Sell |
| RSI | 48 | Sell |
| OBV | 255 | Sell |
| VWAP | 128 | Buy |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 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 SELL. 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 but selling is losing 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 128.48 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 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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