(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 2022-11-24 View latest technical analysis
10 day averaged volume of Wheels India is 1647
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Thu Nov 2022 | 609.15 | 602.00 | 615.90 | 602.00 | 2.225 times |
| 23 Wed Nov 2022 | 603.60 | 595.00 | 618.90 | 595.00 | 0.926 times |
| 22 Tue Nov 2022 | 590.65 | 640.00 | 640.00 | 590.00 | 2.04 times |
| 21 Mon Nov 2022 | 600.45 | 610.05 | 617.50 | 599.00 | 1.398 times |
| 18 Fri Nov 2022 | 617.30 | 633.45 | 633.45 | 613.05 | 1.012 times |
| 17 Thu Nov 2022 | 634.30 | 631.05 | 649.90 | 627.80 | 0.973 times |
| 16 Wed Nov 2022 | 639.95 | 630.60 | 640.00 | 630.60 | 0.032 times |
| 15 Tue Nov 2022 | 631.00 | 650.00 | 650.00 | 617.80 | 2.249 times |
| 14 Mon Nov 2022 | 624.95 | 621.85 | 650.00 | 608.50 | 1.126 times |
| 11 Fri Nov 2022 | 617.50 | 619.30 | 624.00 | 612.95 | 0.18 times |
Stock of Wheels India (WheelsIndia) has showed a significant upmove. This could be a good time to enter in this stock!
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 608.7 as stoploss in an intra day buy trade for a target of 621.79. However, stock will show a bearish move below 608.7.
Share price targets for Wheels India (WheelsIndia)
| Target Type | Value |
| Downside Target | 586.40 |
| Downside 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 | 586.1 |
| Downside Intraday Target | 563.05 |
| Upside Intraday Target | 636.1 |
| Upside Intraday Target | 663.05 |
| Upside Intraday Target | 613.05 |
Weekly technical analysis of Wheels India (WheelsIndia)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Thu Nov 2022 | 609.15 | 610.05 | 640.00 | 590.00 | 1.222 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 |
| 24 Thu Nov 2022 | 609.15 | 637.50 | 650.00 | 590.00 | 0.96 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 | 21, 13, 24 | Buy |
| MACD | -14, -12 | Sell |
| Stochastics | 19 | Sell |
| CCI | -67 | Buy |
| RSI | 49 | Sell |
| OBV | -2629 | Sell |
| VWAP | 613 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Wheels India ( (WheelsIndia) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 losing momentum.
MACD generated a SELL signal for Wheels India 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.
Wheels India 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 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Wheels India is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 613.02 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.
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