(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 2022-12-06 View latest technical analysis
10 day averaged volume of Wheels India is 1769
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Dec 2022 | 607.65 | 612.00 | 612.00 | 607.50 | 0.157 times |
| 05 Mon Dec 2022 | 609.20 | 605.95 | 612.00 | 605.95 | 0.613 times |
| 02 Fri Dec 2022 | 603.45 | 624.90 | 624.90 | 593.50 | 1.763 times |
| 01 Thu Dec 2022 | 599.35 | 609.45 | 609.45 | 596.95 | 0.621 times |
| 30 Wed Nov 2022 | 602.20 | 607.30 | 611.80 | 596.95 | 0.383 times |
| 29 Tue Nov 2022 | 607.90 | 605.70 | 613.00 | 603.15 | 0.601 times |
| 28 Mon Nov 2022 | 610.95 | 610.90 | 612.55 | 599.60 | 0.849 times |
| 25 Fri Nov 2022 | 609.85 | 609.00 | 618.20 | 607.25 | 0.337 times |
| 24 Thu Nov 2022 | 609.15 | 602.00 | 615.90 | 602.00 | 2.071 times |
| 23 Wed Nov 2022 | 603.60 | 595.00 | 618.90 | 595.00 | 0.862 times |
My analysis of stock is bearish for shortterm, and stock might move down till 600.7 or till 585.9. Use a stoploss of 612.93 and if the stock hits stoploss, then it can shoot up till 625.21
Share price targets for Wheels India (WheelsIndia)
| Target Type | Value |
| Downside Target | 586.40 |
| Upside Target | 624.90 |
| Upside Target | 628.10 |
| Upside Target | 640.00 |
| Upside Target | 647.50 |
| Upside Target | 650.00 |
| Upside Target | 668.00 |
| Upside Target | 730.00 |
| Upside Target | 757.85 |
Intraday share price targets for Wheels India (WheelsIndia)
| Target Type | Value |
| Downside Intraday Target | 605.07 |
| Downside Intraday Target | 602.48 |
| Upside Intraday Target | 611.12 |
| Upside Intraday Target | 614.58 |
| Upside Intraday Target | 608.53 |
Weekly technical analysis of Wheels India (WheelsIndia)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Dec 2022 | 607.65 | 605.95 | 612.00 | 605.95 | 0.183 times |
| 02 Fri Dec 2022 | 603.45 | 610.90 | 624.90 | 593.50 | 0.652 times |
| 25 Fri Nov 2022 | 609.85 | 610.05 | 640.00 | 590.00 | 1.289 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 |
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 Wheels India (WheelsIndia)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Tue Dec 2022 | 607.65 | 609.45 | 624.90 | 593.50 | 0.161 times |
| 30 Wed Nov 2022 | 602.20 | 637.50 | 650.00 | 590.00 | 1.08 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 |
Scroll below to view daily charts
Price has moved up 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 | 20, 12, 25 | Buy |
| MACD | -13, -13 | Buy |
| Stochastics | 37 | None |
| CCI | 54 | Sell |
| RSI | 49 | Sell |
| OBV | 5379 | Sell |
| VWAP | 606 | Buy |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Wheels India ( (WheelsIndia) ) 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 Wheels India ( (WheelsIndia) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY signal for Wheels India in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Wheels India 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Wheels India in short term
RSI is generating a SELL signal in short term but selling 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 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 606.39 and Wheels India (WheelsIndia) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 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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