(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 2023-01-16 View latest technical analysis
10 day averaged volume of Gitarenew is 1892
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Jan 2023 | 101.90 | 102.00 | 104.00 | 101.50 | 1.56 times |
| 13 Fri Jan 2023 | 104.00 | 103.90 | 106.00 | 103.05 | 0.883 times |
| 12 Thu Jan 2023 | 103.85 | 107.00 | 107.00 | 103.00 | 1.129 times |
| 11 Wed Jan 2023 | 106.25 | 108.00 | 108.00 | 103.60 | 1.364 times |
| 10 Tue Jan 2023 | 107.00 | 102.60 | 107.95 | 102.60 | 0.736 times |
| 09 Mon Jan 2023 | 107.00 | 109.00 | 109.00 | 106.05 | 0.709 times |
| 06 Fri Jan 2023 | 108.10 | 113.50 | 113.50 | 107.60 | 1.511 times |
| 05 Thu Jan 2023 | 108.25 | 109.00 | 109.00 | 107.00 | 1.028 times |
| 04 Wed Jan 2023 | 109.00 | 106.55 | 109.00 | 106.55 | 0.449 times |
| 03 Tue Jan 2023 | 109.20 | 106.60 | 111.00 | 106.60 | 1.397 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 100.9, for a target of 104.6 or 107.71
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 100.00 |
| Upside Target | 109.00 |
| Upside Target | 113.50 |
| Upside Target | 115.00 |
| Upside Target | 116.00 |
| Upside Target | 121.00 |
| 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 | 100.93 |
| Downside Intraday Target | 99.97 |
| Upside Intraday Target | 103.43 |
| Upside Intraday Target | 104.97 |
| Upside Intraday Target | 102.47 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Jan 2023 | 101.90 | 102.00 | 104.00 | 101.50 | 0.324 times |
| 13 Fri Jan 2023 | 104.00 | 109.00 | 109.00 | 102.60 | 0.931 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 |
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 |
| 16 Mon Jan 2023 | 101.90 | 111.95 | 113.50 | 101.50 | 0.326 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 | 4.667 times |
| 31 Mon Oct 2022 | 127.00 | 131.50 | 141.00 | 123.05 | 0.382 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 8, 18, 37 | Sell |
| MACD | -7, -6 | Sell |
| Stochastics | 9 | Sell |
| CCI | -143 | Sell |
| RSI | 49 | Sell |
| OBV | -23759 | Sell |
| VWAP | 106 | 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 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 and selling is picking up 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 106.23 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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