(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 2023-01-10 View latest technical analysis
10 day averaged volume of Gitarenew is 2157
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Tue Jan 2023 | 107.00 | 102.60 | 107.95 | 102.60 | 0.645 times |
| 09 Mon Jan 2023 | 107.00 | 109.00 | 109.00 | 106.05 | 0.622 times |
| 06 Fri Jan 2023 | 108.10 | 113.50 | 113.50 | 107.60 | 1.325 times |
| 05 Thu Jan 2023 | 108.25 | 109.00 | 109.00 | 107.00 | 0.902 times |
| 04 Wed Jan 2023 | 109.00 | 106.55 | 109.00 | 106.55 | 0.394 times |
| 03 Tue Jan 2023 | 109.20 | 106.60 | 111.00 | 106.60 | 1.226 times |
| 02 Mon Jan 2023 | 108.70 | 111.95 | 111.95 | 106.50 | 0.696 times |
| 30 Fri Dec 2022 | 108.40 | 111.00 | 111.00 | 106.80 | 0.779 times |
| 29 Thu Dec 2022 | 108.80 | 112.10 | 112.10 | 106.05 | 0.49 times |
| 28 Wed Dec 2022 | 107.65 | 115.00 | 115.00 | 104.00 | 2.671 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 106.4 as stoploss in an intra day buy trade for a target of 110.04. However, stock will show a bearish move below 106.4.
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 100.00 |
| Downside Target | 102.60 |
| Downside Target | 105.70 |
| Upside Target | 109.00 |
| 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 | 103.4 |
| Downside Intraday Target | 99.8 |
| Upside Intraday Target | 109.8 |
| Upside Intraday Target | 112.6 |
| Downside Intraday Target | 106.2 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Tue Jan 2023 | 107.00 | 109.00 | 109.00 | 102.60 | 0.279 times |
| 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 |
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 |
| 10 Tue Jan 2023 | 107.00 | 111.95 | 113.50 | 102.60 | 0.187 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Gitarenew ( (Gitarenew) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 coming down
CCI has generated a SELL signal for Gitarenew in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 108.12 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.
Price action analysis of Gitarenew ( (Gitarenew) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Gitarenew ( (Gitarenew) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 coming down
CCI has generated a SELL signal for Gitarenew in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 108.12 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.
Click here for Gitarenew charts
Click here for further forecast and predictions for tomorrow