(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 2023-01-31 View latest technical analysis
10 day averaged volume of Gitarenew is 3185
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Tue Jan 2023 | 98.65 | 99.00 | 99.00 | 96.00 | 0.43 times |
| 30 Mon Jan 2023 | 98.95 | 94.85 | 99.80 | 94.50 | 1.953 times |
| 27 Fri Jan 2023 | 96.75 | 96.10 | 99.60 | 96.00 | 0.604 times |
| 25 Wed Jan 2023 | 97.95 | 100.00 | 100.00 | 95.00 | 0.863 times |
| 24 Tue Jan 2023 | 99.10 | 99.00 | 100.95 | 94.50 | 0.981 times |
| 23 Mon Jan 2023 | 99.40 | 102.00 | 103.00 | 97.00 | 1.389 times |
| 20 Fri Jan 2023 | 101.35 | 102.00 | 102.00 | 97.00 | 0.883 times |
| 19 Thu Jan 2023 | 100.65 | 99.80 | 101.00 | 99.50 | 0.506 times |
| 18 Wed Jan 2023 | 100.15 | 102.00 | 102.95 | 99.00 | 1.233 times |
| 17 Tue Jan 2023 | 101.15 | 100.55 | 103.00 | 100.55 | 0.66 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 98.9, but if it comes above 98.9, then a intra day buy could be more profitable.
If you take a sell trade below 98.9, then use 98.9 as stoploss and 94.1 as target. However if you take a buy trade in stock , then use 98.9 as stoploss and 102.93 as target.
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 94.50 |
| Downside Target | 97.00 |
| Upside Target | 99.80 |
| Upside Target | 102.60 |
| Upside Target | 109.00 |
| Upside Target | 113.50 |
| 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 | 95.5 |
| Downside Intraday Target | 92.35 |
| Upside Intraday Target | 100.8 |
| Upside Intraday Target | 102.95 |
| Downside Intraday Target | 97.65 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Tue Jan 2023 | 98.65 | 94.85 | 99.80 | 94.50 | 0.621 times |
| 27 Fri Jan 2023 | 96.75 | 102.00 | 103.00 | 94.50 | 0.912 times |
| 20 Fri Jan 2023 | 101.35 | 102.00 | 104.00 | 97.00 | 1.47 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 |
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 |
| 31 Tue Jan 2023 | 98.65 | 111.95 | 113.50 | 94.50 | 0.778 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 | 5, 19, 60 | Sell |
| MACD | -8, -8 | Buy |
| Stochastics | 38 | None |
| CCI | -62 | Buy |
| RSI | 54 | Buy |
| OBV | -17821 | Sell |
| VWAP | 99 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Gitarenew ( (Gitarenew) ) based on a short term time period is
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 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 weakening, and bulls 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 but BUY signal is weak.
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
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 99.41 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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