(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 2023-02-02 View latest technical analysis
10 day averaged volume of Gitarenew is 3283
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu Feb 2023 | 95.35 | 97.00 | 97.00 | 88.00 | 0.984 times |
| 01 Wed Feb 2023 | 93.50 | 99.00 | 99.00 | 90.05 | 1.42 times |
| 31 Tue Jan 2023 | 98.65 | 99.00 | 99.00 | 96.00 | 0.417 times |
| 30 Mon Jan 2023 | 98.95 | 94.85 | 99.80 | 94.50 | 1.895 times |
| 27 Fri Jan 2023 | 96.75 | 96.10 | 99.60 | 96.00 | 0.586 times |
| 25 Wed Jan 2023 | 97.95 | 100.00 | 100.00 | 95.00 | 0.837 times |
| 24 Tue Jan 2023 | 99.10 | 99.00 | 100.95 | 94.50 | 0.952 times |
| 23 Mon Jan 2023 | 99.40 | 102.00 | 103.00 | 97.00 | 1.348 times |
| 20 Fri Jan 2023 | 101.35 | 102.00 | 102.00 | 97.00 | 0.857 times |
| 19 Thu Jan 2023 | 100.65 | 99.80 | 101.00 | 99.50 | 0.491 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 97.3, but if it comes above 97.3, then a intra day buy could be more profitable.
If you take a sell trade below 97.3, then use 97.3 as stoploss and 92.3 as target. However if you take a buy trade in stock , then use 97.3 as stoploss and 101.47 as target.
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 88.00 |
| Downside Target | 94.50 |
| Upside Target | 97.00 |
| Upside Target | 99.00 |
| Upside Target | 102.60 |
| Upside Target | 109.00 |
| Upside Target | 113.50 |
| Upside Target | 121.40 |
| Upside Target | 123.05 |
| Upside Target | 141.00 |
| Upside Target | 151.60 |
Intraday share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Intraday Target | 88.97 |
| Downside Intraday Target | 82.58 |
| Upside Intraday Target | 100.77 |
| Upside Intraday Target | 106.18 |
| Downside Intraday Target | 94.38 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu Feb 2023 | 95.35 | 94.85 | 99.80 | 88.00 | 1.267 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 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 |
| 02 Thu Feb 2023 | 95.35 | 99.00 | 99.00 | 88.00 | 0.151 times |
| 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 |
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 | 3, 27, 79 | Sell |
| MACD | -8, -8 | Sell |
| Stochastics | 41 | None |
| CCI | -176 | Sell |
| RSI | 48 | Sell |
| OBV | -23398 | Sell |
| VWAP | 98 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | 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 gaining momentum.
MACD generated a SELL signal for Gitarenew in short term and the sell signal is strong.
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 moving up
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 97.94 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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