(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 2023-02-03 View latest technical analysis
10 day averaged volume of Gitarenew is 3213
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri Feb 2023 | 114.40 | 104.95 | 114.40 | 100.50 | 13.91 times |
| 02 Thu Feb 2023 | 95.35 | 97.00 | 97.00 | 88.00 | 1.005 times |
| 01 Wed Feb 2023 | 93.50 | 99.00 | 99.00 | 90.05 | 1.451 times |
| 31 Tue Jan 2023 | 98.65 | 99.00 | 99.00 | 96.00 | 0.426 times |
| 30 Mon Jan 2023 | 98.95 | 94.85 | 99.80 | 94.50 | 1.936 times |
| 27 Fri Jan 2023 | 96.75 | 96.10 | 99.60 | 96.00 | 0.599 times |
| 25 Wed Jan 2023 | 97.95 | 100.00 | 100.00 | 95.00 | 0.856 times |
| 24 Tue Jan 2023 | 99.10 | 99.00 | 100.95 | 94.50 | 0.973 times |
| 23 Mon Jan 2023 | 99.40 | 102.00 | 103.00 | 97.00 | 1.377 times |
| 20 Fri Jan 2023 | 101.35 | 102.00 | 102.00 | 97.00 | 0.875 times |
Stock of Gitarenew (Gitarenew) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 112.4, for a target of 106.6 or 101.77
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 88.00 |
| Downside Target | 94.50 |
| Downside Target | 97.00 |
| Downside Target | 100.00 |
| Downside Target | 102.60 |
| Downside Target | 109.00 |
| Downside Target | 113.50 |
| Downside Target | 114.40 |
| 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 | 96.8 |
| Downside Intraday Target | 79.2 |
| Upside Intraday Target | 123.2 |
| Upside Intraday Target | 132 |
| Downside Intraday Target | 105.6 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri Feb 2023 | 114.40 | 94.85 | 114.40 | 88.00 | 4.923 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Gitarenew (Gitarenew)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Fri Feb 2023 | 114.40 | 99.00 | 114.40 | 88.00 | 1.009 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 up 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 | 28, 19, 19 | Buy |
| MACD | -5, -7 | Buy |
| Stochastics | 59 | None |
| CCI | 269 | Buy |
| RSI | 66 | Buy |
| OBV | 22144 | Sell |
| VWAP | 108 | Buy |
| ADL | 0 | Sell |
| ROC | 14 | Buy |
| Force Index | 0 | Sell |
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 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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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 107.66 and Gitarenew (Gitarenew) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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