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(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 2023-09-28 View latest technical analysis

10 day averaged volume of Gitarenew is 3804

Date Daily Closing Price Open High Low Volume
28 Thu Sep 2023 123.40 125.00 125.50 117.00 0.564 times
27 Wed Sep 2023 120.25 123.00 127.00 119.00 1.167 times
26 Tue Sep 2023 121.30 116.90 122.00 116.90 0.535 times
25 Mon Sep 2023 123.05 125.20 125.30 120.00 0.397 times
22 Fri Sep 2023 122.80 126.50 126.50 120.05 0.715 times
21 Thu Sep 2023 123.60 126.00 128.00 123.00 0.572 times
20 Wed Sep 2023 125.85 128.00 128.00 123.50 0.87 times
18 Mon Sep 2023 127.50 128.75 129.95 124.20 0.847 times
15 Fri Sep 2023 126.20 133.00 133.00 123.00 0.999 times
14 Thu Sep 2023 128.60 126.50 128.60 118.00 2.273 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 122.9 as stoploss in an intra day buy trade for a target of 127.2. However, stock will show a bearish move below 122.9.

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
Upside Target 127.00
Upside Target 129.95
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 117.87
Downside Intraday Target 112.33
Upside Intraday Target 127.97
Upside Intraday Target 132.53
Downside Intraday Target 122.43

Weekly technical analysis of Gitarenew (Gitarenew)

Date Weekly Closing Price Open High Low Volume
28 Thu Sep 2023 123.40 125.20 127.00 116.90 0.887 times
22 Fri Sep 2023 122.80 128.75 129.95 120.05 0.388 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

Price has moved up 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
28 Thu Sep 2023 123.40 136.65 139.00 116.90 0.176 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Gitarenew in short term but the sell signal is initial and weak.

Gitarenew Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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 125.07 and Gitarenew (Gitarenew) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Gitarenew in short term but the sell signal is initial and weak.

Gitarenew Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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 125.07 and Gitarenew (Gitarenew) stock is trading below this level. This means that stock is falling with high volumes. 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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