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(Wits) Wits complete technical analysis [charts+indicators] | Buy/Sell Wits | (Wits) share price targets

Complete technical analysis of Wits (Wits) by charts plus indicators, forecast predictions and share price targets for Wits (Wits)

Showing technical analysis as on 2024-05-31 View latest technical analysis

10 day averaged volume of Wits is 1440

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 117.80 117.80 117.80 117.80 0.556 times
30 Thu May 2024 112.20 112.20 112.20 112.20 0.556 times
28 Tue May 2024 115.00 115.00 115.00 115.00 0.556 times
13 Mon May 2024 112.65 112.65 112.65 112.65 0.556 times
10 Fri May 2024 118.55 118.55 118.55 118.55 0.556 times
09 Thu May 2024 124.75 124.75 124.75 124.75 0.556 times
22 Mon Apr 2024 125.00 125.00 125.00 125.00 0.556 times
10 Wed Apr 2024 122.00 122.00 122.00 122.00 4.444 times
19 Tue Mar 2024 123.35 123.35 123.35 123.35 0.556 times
11 Mon Mar 2024 129.80 126.70 129.80 126.70 1.111 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 116.2 as stoploss in an intra day buy trade for a target of 122.97. However, stock will show a bearish move below 116.2.

Share price targets for Wits (Wits)

Target Type Value
Downside Target 112.20
Downside Target 115.00
Downside Target 117.80
Upside Target 122.00
Upside Target 125.00
Upside Target 129.80
Upside Target 130.20
Upside Target 133.35

Intraday share price targets for Wits (Wits)

Target Type Value
Downside Intraday Target 114.07
Downside Intraday Target 110.33
Upside Intraday Target 119.67
Upside Intraday Target 121.53
Downside Intraday Target 115.93

Weekly technical analysis of Wits (Wits)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 117.80 112.65 117.80 112.20 1.333 times
10 Fri May 2024 118.55 125.00 125.00 118.55 0.273 times
10 Wed Apr 2024 122.00 126.70 129.80 122.00 11 times
05 Tue Mar 2024 130.20 130.20 130.20 130.20 1 times
27 Tue Feb 2024 133.35 133.35 133.35 133.35 0.038 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 Wits (Wits)

Date Monthly Closing Price Open High Low Volume
31 Fri May 2024 117.80 124.75 124.75 112.20 0.667 times
22 Mon Apr 2024 125.00 122.00 125.00 122.00 2.25 times
19 Tue Mar 2024 123.35 130.20 130.20 123.35 0.062 times
27 Tue Feb 2024 133.35 115.00 133.35 115.00 65 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 Wits (Wits)

Price action analysis of Wits ( (Wits) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Wits ( (Wits) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Wits ( (Wits) ) 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 Wits ( (Wits) ) 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 Wits stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Wits in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Wits 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Wits in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Wits is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 121.38 and Wits (Wits) 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 Wits (Wits) stock. Volume based technical analysis of Wits (Wits) stock is negative.

Wits 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 Wits ( (Wits) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Wits ( (Wits) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Wits ( (Wits) ) 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 Wits ( (Wits) ) 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 Wits stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Wits in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Wits 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Wits in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Wits is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 121.38 and Wits (Wits) 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 Wits (Wits) stock. Volume based technical analysis of Wits (Wits) stock is negative.

Wits 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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Daily charts

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Daily chart
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