(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 2023-05-19 View latest technical analysis
10 day averaged volume of Gitarenew is 11694
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri May 2023 | 77.95 | 79.15 | 80.00 | 76.50 | 0.312 times |
| 18 Thu May 2023 | 77.60 | 78.00 | 82.00 | 77.00 | 0.468 times |
| 17 Wed May 2023 | 76.49 | 75.50 | 79.11 | 75.50 | 0.42 times |
| 16 Tue May 2023 | 75.35 | 79.45 | 79.45 | 73.50 | 0.448 times |
| 15 Mon May 2023 | 77.54 | 78.82 | 81.50 | 76.30 | 0.517 times |
| 12 Fri May 2023 | 78.82 | 81.00 | 82.00 | 77.20 | 0.489 times |
| 11 Thu May 2023 | 79.28 | 82.00 | 82.00 | 75.50 | 0.737 times |
| 10 Wed May 2023 | 77.51 | 78.20 | 80.00 | 76.02 | 0.419 times |
| 09 Tue May 2023 | 76.20 | 77.20 | 79.85 | 75.20 | 0.62 times |
| 08 Mon May 2023 | 77.28 | 83.25 | 85.18 | 75.10 | 1.627 times |
My analysis of stock is bullish for shortterm, and stock might move up till 79.3 or till 81.8. Use a stoploss of 77.18 and if this stock hits its stoploss, then it can fall down till 75.06
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 70.00 |
| Downside Target | 73.50 |
| Downside Target | 77.00 |
| Upside Target | 78.60 |
| Upside Target | 82.00 |
| Upside Target | 85.18 |
| Upside Target | 88.00 |
| Upside Target | 92.64 |
| Upside Target | 94.50 |
| Upside Target | 100.75 |
| Upside Target | 113.50 |
| Upside Target | 123.00 |
Intraday share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Intraday Target | 73.63 |
| Downside Intraday Target | 69.32 |
| Upside Intraday Target | 82.13 |
| Upside Intraday Target | 86.32 |
| Downside Intraday Target | 77.82 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri May 2023 | 77.95 | 78.82 | 82.00 | 73.50 | 0.556 times |
| 12 Fri May 2023 | 78.82 | 83.25 | 85.18 | 75.10 | 0.599 times |
| 05 Fri May 2023 | 81.35 | 75.00 | 84.50 | 70.00 | 2.732 times |
| 28 Fri Apr 2023 | 76.69 | 81.00 | 82.28 | 74.00 | 1.208 times |
| 21 Fri Apr 2023 | 79.40 | 80.95 | 83.85 | 77.00 | 0.866 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 |
| 19 Fri May 2023 | 77.95 | 75.00 | 85.18 | 70.00 | 1.602 times |
| 28 Fri Apr 2023 | 76.69 | 92.64 | 92.64 | 74.00 | 1.481 times |
| 31 Fri Mar 2023 | 89.54 | 94.95 | 100.75 | 78.60 | 0.367 times |
| 28 Tue Feb 2023 | 91.75 | 99.00 | 123.00 | 88.00 | 3.229 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Gitarenew (Gitarenew)
Price action analysis of Gitarenew ( (Gitarenew) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Gitarenew ( (Gitarenew) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Gitarenew ( (Gitarenew) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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. Bears are weakening, and bulls are picking up momentum!
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 SELL signal for Gitarenew in short term but SELL signal is weak.
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 77.44 and Gitarenew (Gitarenew) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Gitarenew ( (Gitarenew) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Gitarenew ( (Gitarenew) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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. Bears are weakening, and bulls are picking up momentum!
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 SELL signal for Gitarenew in short term but SELL signal is weak.
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 77.44 and Gitarenew (Gitarenew) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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