(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 2022-11-23 View latest technical analysis
10 day averaged volume of Gitarenew is 8855
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Wed Nov 2022 | 115.80 | 121.80 | 121.80 | 115.00 | 0.434 times |
| 22 Tue Nov 2022 | 117.80 | 127.90 | 127.90 | 115.00 | 0.573 times |
| 21 Mon Nov 2022 | 123.50 | 125.95 | 125.95 | 115.00 | 0.392 times |
| 18 Fri Nov 2022 | 119.25 | 118.80 | 128.80 | 115.00 | 0.497 times |
| 17 Thu Nov 2022 | 123.80 | 129.80 | 134.00 | 107.00 | 1.876 times |
| 16 Wed Nov 2022 | 127.25 | 127.60 | 138.50 | 105.70 | 2.356 times |
| 15 Tue Nov 2022 | 132.10 | 139.00 | 139.00 | 130.00 | 0.266 times |
| 14 Mon Nov 2022 | 135.90 | 133.95 | 145.00 | 132.00 | 1.141 times |
| 11 Fri Nov 2022 | 129.00 | 128.90 | 151.60 | 110.00 | 1.539 times |
| 10 Thu Nov 2022 | 126.35 | 130.10 | 140.00 | 125.00 | 1.239 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 116.2, for a target of 122.3 or 127.29
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 105.70 |
| Downside Target | 110.00 |
| Downside Target | 115.00 |
| Upside Target | 121.00 |
| Upside Target | 127.90 |
| Upside Target | 132.20 |
| Upside Target | 139.00 |
| 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 | 111.23 |
| Downside Intraday Target | 106.67 |
| Upside Intraday Target | 124.13 |
| Upside Intraday Target | 132.47 |
| Upside Intraday Target | 119.57 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Wed Nov 2022 | 115.80 | 125.95 | 127.90 | 115.00 | 0.228 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 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 |
| 23 Wed Nov 2022 | 115.80 | 124.45 | 151.60 | 105.70 | 3.823 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 | 6, 18, 51 | Sell |
| MACD | -6, -4 | Sell |
| Stochastics | 29 | Sell |
| CCI | -95 | Sell |
| RSI | 47 | Sell |
| OBV | -34719 | Sell |
| VWAP | 126 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | 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 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 gaining momentum.
MACD generated a SELL signal for Gitarenew in short term and the sell signal is strong.
Gitarenew Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 and SELL signal is strong!
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 126.32 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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