(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 2022-11-14 View latest technical analysis
10 day averaged volume of Gitarenew is 3904
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Mon Nov 2022 | 135.90 | 133.95 | 145.00 | 132.00 | 2.589 times |
| 11 Fri Nov 2022 | 129.00 | 128.90 | 151.60 | 110.00 | 3.491 times |
| 10 Thu Nov 2022 | 126.35 | 130.10 | 140.00 | 125.00 | 2.811 times |
| 09 Wed Nov 2022 | 130.75 | 130.05 | 133.85 | 130.05 | 0.275 times |
| 07 Mon Nov 2022 | 131.85 | 135.00 | 135.00 | 128.20 | 1.154 times |
| 04 Fri Nov 2022 | 130.95 | 131.20 | 131.20 | 126.90 | 0.249 times |
| 03 Thu Nov 2022 | 130.10 | 132.00 | 132.00 | 125.20 | 0.127 times |
| 02 Wed Nov 2022 | 129.65 | 126.00 | 132.20 | 124.50 | 0.503 times |
| 01 Tue Nov 2022 | 126.30 | 124.45 | 132.00 | 124.45 | 0.554 times |
| 31 Mon Oct 2022 | 127.00 | 126.00 | 130.55 | 124.00 | 0.628 times |
Stock of Gitarenew (Gitarenew) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 135, for a target of 131.9 or 129.35
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 110.00 |
| Downside Target | 121.00 |
| Downside Target | 130.00 |
| Upside Target | 139.00 |
| Upside Target | 141.00 |
| Upside Target | 145.00 |
| 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 | 130.27 |
| Downside Intraday Target | 124.63 |
| Upside Intraday Target | 143.27 |
| Upside Intraday Target | 150.63 |
| Upside Intraday Target | 137.63 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Mon Nov 2022 | 135.90 | 133.95 | 145.00 | 132.00 | 0.335 times |
| 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 |
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 |
| 14 Mon Nov 2022 | 135.90 | 124.45 | 151.60 | 110.00 | 1.711 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, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Gitarenew (Gitarenew)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 11, 16, 19 | Sell |
| MACD | -2, -3 | Buy |
| Stochastics | 41 | None |
| CCI | 247 | Buy |
| RSI | 54 | Buy |
| OBV | 10361 | Sell |
| VWAP | 130 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Gitarenew stock for short term is SELL. Signal strength is Weak 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Gitarenew is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 130 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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