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(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 2023-01-06 View latest technical analysis

10 day averaged volume of Wheels India is 791

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Jan 2023	579.50	576.00	587.60	573.10	0.382 times
05 Thu Jan 2023	571.05	575.25	577.15	568.25	1.206 times
04 Wed Jan 2023	580.55	583.20	583.20	572.95	0.044 times
03 Tue Jan 2023	580.50	583.30	593.50	578.00	0.369 times
02 Mon Jan 2023	584.30	579.55	588.95	579.55	0.21 times
30 Fri Dec 2022	573.85	599.00	599.00	573.00	0.168 times
29 Thu Dec 2022	568.75	570.75	574.00	566.65	1.2 times
28 Wed Dec 2022	579.70	572.65	579.70	572.65	0.086 times
27 Tue Dec 2022	565.35	567.75	575.00	563.85	0.13 times
26 Mon Dec 2022	564.50	532.20	568.20	532.20	2.077 times

My analysis of stock is bearish for shortterm, and stock might move down till 566.5 or till 547.9. Use a stoploss of 582.04 and if the stock hits stoploss, then it can shoot up till 597.56

Share price targets for Wheels India (WheelsIndia)

Target Type	Value
Downside Target	532.20
Downside Target	549.40
Downside Target	568.25
Upside Target	581.15
Upside Target	599.00
Upside Target	612.00
Upside Target	623.90
Upside Target	648.95
Upside Target	650.00
Upside Target	668.00
Upside Target	730.00

Intraday share price targets for Wheels India (WheelsIndia)

Target Type	Value
Downside Intraday Target	567.33
Downside Intraday Target	555.17
Upside Intraday Target	592.58
Upside Intraday Target	605.67
Upside Intraday Target	580.42

Weekly technical analysis of Wheels India (WheelsIndia)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Jan 2023	579.50	579.55	593.50	568.25	0.604 times
30 Fri Dec 2022	573.85	532.20	599.00	532.20	0.363 times
23 Fri Dec 2022	552.05	648.95	648.95	549.40	0.054 times
16 Fri Dec 2022	599.00	598.95	623.90	581.15	42.54 times
09 Fri Dec 2022	600.00	605.95	612.00	595.95	0.461 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 Fri Jan 2023	579.50	579.55	593.50	568.25	0.011 times
30 Fri Dec 2022	573.85	609.45	648.95	532.20	4.747 times
30 Wed Nov 2022	602.20	637.50	650.00	590.00	1.073 times
31 Mon Oct 2022	628.90	621.10	668.00	586.40	1.19 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)

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 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 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 Weak 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. Bulls are getting tired and bears 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 and BUY signal is strong.

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 570.03 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.