(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 2023-09-20 View latest technical analysis
10 day averaged volume of Gitarenew is 5454
Date | Daily Closing Price | Open | High | Low | Volume |
20 Wed Sep 2023 | 125.85 | 128.00 | 128.00 | 123.50 | 0.607 times |
18 Mon Sep 2023 | 127.50 | 128.75 | 129.95 | 124.20 | 0.591 times |
15 Fri Sep 2023 | 126.20 | 133.00 | 133.00 | 123.00 | 0.697 times |
14 Thu Sep 2023 | 128.60 | 126.50 | 128.60 | 118.00 | 1.585 times |
13 Wed Sep 2023 | 122.50 | 123.50 | 125.00 | 118.80 | 1.134 times |
12 Tue Sep 2023 | 125.05 | 127.50 | 131.50 | 123.50 | 1.019 times |
11 Mon Sep 2023 | 129.50 | 132.30 | 135.00 | 128.00 | 0.962 times |
08 Fri Sep 2023 | 129.70 | 130.95 | 133.10 | 128.00 | 0.831 times |
07 Thu Sep 2023 | 130.15 | 130.50 | 131.50 | 128.00 | 0.845 times |
06 Wed Sep 2023 | 130.50 | 130.30 | 134.45 | 130.00 | 0.682 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 127, but if it comes above 127, then a intra day buy could be more profitable.
If you take a sell trade below 127, then use 127 as stoploss and 122.4 as target. However if you take a buy trade in stock , then use 127 as stoploss and 130.9 as target.
Share price targets for Gitarenew (Gitarenew)
Target Type | Value |
Downside Target | 70.00 |
Downside Target | 73.81 |
Downside Target | 85.18 |
Downside Target | 90.95 |
Downside Target | 97.00 |
Downside Target | 106.75 |
Downside Target | 116.43 |
Downside Target | 123.50 |
Upside Target | 127.25 |
Upside Target | 135.00 |
Upside Target | 139.00 |
Upside Target | 140.00 |
Upside Target | 144.30 |
Intraday share price targets for Gitarenew (Gitarenew)
Target Type | Value |
Downside Intraday Target | 122.92 |
Downside Intraday Target | 119.98 |
Upside Intraday Target | 129.37 |
Upside Intraday Target | 132.88 |
Upside Intraday Target | 126.43 |
Weekly technical analysis of Gitarenew (Gitarenew)
Date | Weekly Closing Price | Open | High | Low | Volume |
20 Wed Sep 2023 | 125.85 | 128.75 | 129.95 | 123.50 | 0.222 times |
15 Fri Sep 2023 | 126.20 | 132.30 | 135.00 | 118.00 | 1.019 times |
08 Fri Sep 2023 | 129.70 | 133.15 | 139.00 | 127.25 | 0.883 times |
01 Fri Sep 2023 | 133.65 | 137.80 | 140.00 | 128.15 | 0.541 times |
25 Fri Aug 2023 | 134.60 | 139.00 | 144.30 | 130.00 | 0.371 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 |
20 Wed Sep 2023 | 125.85 | 136.65 | 139.00 | 118.00 | 0.145 times |
31 Thu Aug 2023 | 134.10 | 103.20 | 144.30 | 97.00 | 3.532 times |
31 Mon Jul 2023 | 100.25 | 103.90 | 106.75 | 90.95 | 0.248 times |
30 Fri Jun 2023 | 103.28 | 76.95 | 116.43 | 73.81 | 2.9 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)
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Gitarenew in short term but the sell 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 green color and prices are in or below the green 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 127.47 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 positive
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Gitarenew in short term but the sell 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 green color and prices are in or below the green 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 127.47 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 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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