(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 2022-11-21 View latest technical analysis
10 day averaged volume of Gitarenew is 8549
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Mon Nov 2022 | 123.50 | 125.95 | 125.95 | 115.00 | 0.406 times |
| 18 Fri Nov 2022 | 119.25 | 118.80 | 128.80 | 115.00 | 0.515 times |
| 17 Thu Nov 2022 | 123.80 | 129.80 | 134.00 | 107.00 | 1.943 times |
| 16 Wed Nov 2022 | 127.25 | 127.60 | 138.50 | 105.70 | 2.44 times |
| 15 Tue Nov 2022 | 132.10 | 139.00 | 139.00 | 130.00 | 0.275 times |
| 14 Mon Nov 2022 | 135.90 | 133.95 | 145.00 | 132.00 | 1.182 times |
| 11 Fri Nov 2022 | 129.00 | 128.90 | 151.60 | 110.00 | 1.594 times |
| 10 Thu Nov 2022 | 126.35 | 130.10 | 140.00 | 125.00 | 1.284 times |
| 09 Wed Nov 2022 | 130.75 | 130.05 | 133.85 | 130.05 | 0.125 times |
| 07 Mon Nov 2022 | 131.85 | 135.00 | 135.00 | 128.20 | 0.527 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 124.7, but if it comes above 124.7, then a intra day buy could be more profitable.
If you take a sell trade below 124.7, then use 124.7 as stoploss and 120.3 as target. However if you take a buy trade in stock , then use 124.7 as stoploss and 128.36 as target.
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 105.70 |
| Downside Target | 110.00 |
| Downside Target | 115.00 |
| Downside Target | 121.00 |
| Upside Target | 132.20 |
| 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 | 117.02 |
| Downside Intraday Target | 110.53 |
| Upside Intraday Target | 127.97 |
| Upside Intraday Target | 132.43 |
| Downside Intraday Target | 121.48 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Mon Nov 2022 | 123.50 | 125.95 | 125.95 | 115.00 | 0.064 times |
| 18 Fri Nov 2022 | 119.25 | 133.95 | 145.00 | 105.70 | 1.8 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 |
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 |
| 21 Mon Nov 2022 | 123.50 | 124.45 | 151.60 | 105.70 | 3.49 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, 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 | 5, 21, 60 | Sell |
| MACD | -4, -3 | Sell |
| Stochastics | 36 | None |
| CCI | -90 | Buy |
| RSI | 48 | Sell |
| OBV | -27686 | Sell |
| VWAP | 128 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Gitarenew ( (Gitarenew) ) based on a short 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.
Price action analysis of Gitarenew ( (Gitarenew) ) based on a short 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.
Price action analysis of Gitarenew ( (Gitarenew) ) based on a short to mid 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.
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 Strong and stock is losing momentum.
MACD generated a SELL signal for Gitarenew in short term and the sell signal is strong.
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 buy signal for Gitarenew in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 127.61 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 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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