(WheelsIndia) Wheels India complete technical analysis [charts+indicators] | Buy/Sell Wheels India | (WheelsIndia) share price targets
Complete technical analysis of Wheels India (WheelsIndia) by charts plus indicators, forecast predictions and share price targets for Wheels India (WheelsIndia)
Showing technical analysis as on 2022-11-22 View latest technical analysis
10 day averaged volume of Wheels India is 1253
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Tue Nov 2022 | 590.65 | 640.00 | 640.00 | 590.00 | 2.682 times |
| 21 Mon Nov 2022 | 600.45 | 610.05 | 617.50 | 599.00 | 1.837 times |
| 18 Fri Nov 2022 | 617.30 | 633.45 | 633.45 | 613.05 | 1.33 times |
| 17 Thu Nov 2022 | 634.30 | 631.05 | 649.90 | 627.80 | 1.279 times |
| 16 Wed Nov 2022 | 639.95 | 630.60 | 640.00 | 630.60 | 0.042 times |
| 15 Tue Nov 2022 | 631.00 | 650.00 | 650.00 | 617.80 | 2.956 times |
| 14 Mon Nov 2022 | 624.95 | 621.85 | 650.00 | 608.50 | 1.48 times |
| 11 Fri Nov 2022 | 617.50 | 619.30 | 624.00 | 612.95 | 0.237 times |
| 10 Thu Nov 2022 | 618.05 | 620.95 | 622.00 | 614.55 | 0.085 times |
| 09 Wed Nov 2022 | 621.15 | 620.20 | 624.05 | 611.80 | 0.665 times |
Stock of Wheels India (WheelsIndia) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 597.4, for a target of 612 or 624.16
Share price targets for Wheels India (WheelsIndia)
| Target Type | Value |
| Downside Target | 586.40 |
| Upside Target | 608.50 |
| Upside Target | 647.50 |
| Upside Target | 647.95 |
| Upside Target | 650.00 |
| Upside Target | 668.00 |
| Upside Target | 730.00 |
| Upside Target | 753.15 |
| Upside Target | 757.85 |
Intraday share price targets for Wheels India (WheelsIndia)
| Target Type | Value |
| Downside Intraday Target | 573.77 |
| Downside Intraday Target | 556.88 |
| Upside Intraday Target | 623.77 |
| Upside Intraday Target | 656.88 |
| Upside Intraday Target | 606.88 |
Weekly technical analysis of Wheels India (WheelsIndia)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Tue Nov 2022 | 590.65 | 610.05 | 640.00 | 590.00 | 0.637 times |
| 18 Fri Nov 2022 | 617.30 | 621.85 | 650.00 | 608.50 | 6.623 times |
| 11 Fri Nov 2022 | 617.50 | 624.50 | 628.10 | 611.80 | 0.123 times |
| 04 Fri Nov 2022 | 621.05 | 638.95 | 647.95 | 612.50 | 2.772 times |
| 28 Fri Oct 2022 | 638.95 | 649.00 | 668.00 | 626.00 | 0.255 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 Wheels India (WheelsIndia)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Tue Nov 2022 | 590.65 | 637.50 | 650.00 | 590.00 | 0.799 times |
| 31 Mon Oct 2022 | 628.90 | 621.10 | 668.00 | 586.40 | 1.182 times |
| 30 Fri Sep 2022 | 623.60 | 700.00 | 730.00 | 596.40 | 0.775 times |
| 30 Tue Aug 2022 | 690.50 | 708.00 | 757.85 | 647.50 | 0.929 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 Wheels India (WheelsIndia)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 26, 16, 24 | Buy |
| MACD | -13, -10 | Sell |
| Stochastics | 8 | Sell |
| CCI | -114 | Buy |
| RSI | 49 | Sell |
| OBV | -2626 | Sell |
| VWAP | 615 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Wheels India ( (WheelsIndia) ) 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 Wheels India ( (WheelsIndia) ) 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 Wheels India ( (WheelsIndia) ) 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 Wheels India ( (WheelsIndia) ) 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 Wheels India stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Wheels India in short term and the sell signal is strong.
Wheels India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Wheels India in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Wheels India is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 615.3 and Wheels India (WheelsIndia) 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 Wheels India (WheelsIndia) stock. Volume based technical analysis of Wheels India (WheelsIndia) stock is negative.
Wheels India 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.
Click here for Wheels India charts
Click here for further forecast and predictions for tomorrow