(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 2023-05-24 View latest technical analysis
10 day averaged volume of Gitarenew is 5229
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed May 2023 | 73.14 | 74.00 | 75.99 | 71.50 | 2.582 times |
| 23 Tue May 2023 | 76.08 | 79.40 | 79.40 | 75.05 | 0.872 times |
| 22 Mon May 2023 | 77.81 | 79.50 | 79.50 | 76.00 | 0.609 times |
| 19 Fri May 2023 | 77.95 | 79.15 | 80.00 | 76.50 | 0.697 times |
| 18 Thu May 2023 | 77.60 | 78.00 | 82.00 | 77.00 | 1.047 times |
| 17 Wed May 2023 | 76.49 | 75.50 | 79.11 | 75.50 | 0.939 times |
| 16 Tue May 2023 | 75.35 | 79.45 | 79.45 | 73.50 | 1.002 times |
| 15 Mon May 2023 | 77.54 | 78.82 | 81.50 | 76.30 | 1.155 times |
| 12 Fri May 2023 | 78.82 | 81.00 | 82.00 | 77.20 | 1.094 times |
| 11 Thu May 2023 | 79.28 | 82.00 | 82.00 | 75.50 | 1.648 times |
Stock of Gitarenew (Gitarenew) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 74.5, but if it comes above 74.5, then a intra day buy could be more profitable.
If you take a sell trade below 74.5, then use 74.5 as stoploss and 72 as target. However if you take a buy trade in stock , then use 74.5 as stoploss and 76.67 as target.
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 70.00 |
| Downside Target | 71.50 |
| Upside 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 | 69.93 |
| Downside Intraday Target | 66.71 |
| Upside Intraday Target | 77.93 |
| Upside Intraday Target | 82.71 |
| Upside Intraday Target | 74.71 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed May 2023 | 73.14 | 79.50 | 79.50 | 71.50 | 0.839 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 |
| 24 Wed May 2023 | 73.14 | 75.00 | 85.18 | 70.00 | 1.834 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 down 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 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 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 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 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 BUY signal for Gitarenew in short term but the buy signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 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 76.59 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.
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 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 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 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 BUY signal for Gitarenew in short term but the buy signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 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 76.59 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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