(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 2023-01-06 View latest technical analysis
10 day averaged volume of Gitarenew is 2538
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Fri Jan 2023 | 108.10 | 113.50 | 113.50 | 107.60 | 1.126 times |
| 05 Thu Jan 2023 | 108.25 | 109.00 | 109.00 | 107.00 | 0.766 times |
| 04 Wed Jan 2023 | 109.00 | 106.55 | 109.00 | 106.55 | 0.335 times |
| 03 Tue Jan 2023 | 109.20 | 106.60 | 111.00 | 106.60 | 1.042 times |
| 02 Mon Jan 2023 | 108.70 | 111.95 | 111.95 | 106.50 | 0.592 times |
| 30 Fri Dec 2022 | 108.40 | 111.00 | 111.00 | 106.80 | 0.662 times |
| 29 Thu Dec 2022 | 108.80 | 112.10 | 112.10 | 106.05 | 0.417 times |
| 28 Wed Dec 2022 | 107.65 | 115.00 | 115.00 | 104.00 | 2.27 times |
| 27 Tue Dec 2022 | 109.90 | 111.00 | 112.00 | 104.40 | 0.758 times |
| 26 Mon Dec 2022 | 108.15 | 103.00 | 114.00 | 103.00 | 1.005 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 107 as stoploss in an intra day buy trade for a target of 111.08. However, stock will show a bearish move below 107.
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 100.00 |
| Downside Target | 103.00 |
| Downside Target | 105.70 |
| Upside Target | 113.05 |
| Upside Target | 121.00 |
| Upside Target | 121.35 |
| Upside Target | 121.40 |
| Upside Target | 123.05 |
| Upside Target | 141.00 |
| Upside Target | 150.00 |
| Upside Target | 151.60 |
Intraday share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Intraday Target | 105.23 |
| Downside Intraday Target | 102.37 |
| Upside Intraday Target | 112.23 |
| Upside Intraday Target | 116.37 |
| Upside Intraday Target | 109.37 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Fri Jan 2023 | 108.10 | 111.95 | 113.50 | 106.50 | 0.755 times |
| 30 Fri Dec 2022 | 108.40 | 103.00 | 115.00 | 103.00 | 0.842 times |
| 23 Fri Dec 2022 | 102.15 | 114.00 | 116.00 | 100.00 | 1.045 times |
| 16 Fri Dec 2022 | 115.45 | 118.00 | 121.35 | 113.05 | 0.937 times |
| 09 Fri Dec 2022 | 115.80 | 121.40 | 121.40 | 107.50 | 0.695 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 |
| 06 Fri Jan 2023 | 108.10 | 111.95 | 113.50 | 106.50 | 0.146 times |
| 30 Fri Dec 2022 | 108.40 | 120.75 | 121.40 | 100.00 | 0.536 times |
| 30 Wed Nov 2022 | 117.75 | 124.45 | 151.60 | 105.70 | 4.147 times |
| 31 Mon Oct 2022 | 127.00 | 131.50 | 141.00 | 123.05 | 0.43 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)
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 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 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 BUY. 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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
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 108.41 and Gitarenew (Gitarenew) stock is trading below this level. This means that stock is falling with high volumes. 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.
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 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 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 BUY. 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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
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 108.41 and Gitarenew (Gitarenew) stock is trading below this level. This means that stock is falling with high volumes. 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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