(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 2023-05-22 View latest technical analysis
10 day averaged volume of Gitarenew is 7082
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon May 2023 | 77.81 | 79.50 | 79.50 | 76.00 | 0.45 times |
| 19 Fri May 2023 | 77.95 | 79.15 | 80.00 | 76.50 | 0.515 times |
| 18 Thu May 2023 | 77.60 | 78.00 | 82.00 | 77.00 | 0.773 times |
| 17 Wed May 2023 | 76.49 | 75.50 | 79.11 | 75.50 | 0.693 times |
| 16 Tue May 2023 | 75.35 | 79.45 | 79.45 | 73.50 | 0.74 times |
| 15 Mon May 2023 | 77.54 | 78.82 | 81.50 | 76.30 | 0.853 times |
| 12 Fri May 2023 | 78.82 | 81.00 | 82.00 | 77.20 | 0.808 times |
| 11 Thu May 2023 | 79.28 | 82.00 | 82.00 | 75.50 | 1.216 times |
| 10 Wed May 2023 | 77.51 | 78.20 | 80.00 | 76.02 | 0.692 times |
| 09 Tue May 2023 | 76.20 | 77.20 | 79.85 | 75.20 | 1.023 times |
My analysis of stock is bullish for shortterm, and stock might move up till 79.2 or till 81.6. Use a stoploss of 77.1 and if this stock hits its stoploss, then it can fall down till 75.04
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 70.00 |
| Downside Target | 73.50 |
| Upside Target | 78.60 |
| Upside Target | 82.00 |
| Upside Target | 84.50 |
| 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 | 76.04 |
| Downside Intraday Target | 74.27 |
| Upside Intraday Target | 79.54 |
| Upside Intraday Target | 81.27 |
| Downside Intraday Target | 77.77 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon May 2023 | 77.81 | 79.50 | 79.50 | 76.00 | 0.126 times |
| 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 |
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 |
| 22 Mon May 2023 | 77.81 | 75.00 | 85.18 | 70.00 | 1.637 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 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. 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 coming down
CCI has generated a SELL signal for Gitarenew in short term and SELL 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
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 77.51 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 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 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. 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 coming down
CCI has generated a SELL signal for Gitarenew in short term and SELL 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
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 77.51 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 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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