(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 2023-01-16 View latest technical analysis
10 day averaged volume of Wheels India is 264
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Jan 2023 | 572.65 | 570.20 | 577.80 | 565.10 | 1.064 times |
| 13 Fri Jan 2023 | 572.45 | 576.95 | 577.80 | 566.95 | 1.068 times |
| 12 Thu Jan 2023 | 574.85 | 579.60 | 580.35 | 572.60 | 0.311 times |
| 11 Wed Jan 2023 | 580.15 | 575.00 | 583.85 | 575.00 | 0.568 times |
| 10 Tue Jan 2023 | 577.40 | 579.80 | 583.30 | 575.15 | 0.701 times |
| 09 Mon Jan 2023 | 583.60 | 583.70 | 590.35 | 578.30 | 0.731 times |
| 06 Fri Jan 2023 | 579.50 | 576.00 | 587.60 | 573.10 | 1.144 times |
| 05 Thu Jan 2023 | 571.05 | 575.25 | 577.15 | 568.25 | 3.614 times |
| 04 Wed Jan 2023 | 580.55 | 583.20 | 583.20 | 572.95 | 0.133 times |
| 03 Tue Jan 2023 | 580.50 | 583.30 | 593.50 | 578.00 | 1.106 times |
My analysis of stock is bearish for shortterm, and stock might move down till 566 or till 555.7. Use a stoploss of 574.56 and if the stock hits stoploss, then it can shoot up till 583.12
Share price targets for Wheels India (WheelsIndia)
| Target Type | Value |
| Downside Target | 532.20 |
| Downside Target | 549.40 |
| Downside Target | 565.10 |
| Upside Target | 593.50 |
| Upside Target | 596.40 |
| Upside Target | 599.00 |
| 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 | 565.9 |
| Downside Intraday Target | 559.15 |
| Upside Intraday Target | 578.6 |
| Upside Intraday Target | 584.55 |
| Downside Intraday Target | 571.85 |
Weekly technical analysis of Wheels India (WheelsIndia)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Jan 2023 | 572.65 | 570.20 | 577.80 | 565.10 | 0.315 times |
| 13 Fri Jan 2023 | 572.45 | 583.70 | 590.35 | 566.95 | 0.51 times |
| 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 |
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 |
| 16 Mon Jan 2023 | 572.65 | 579.55 | 593.50 | 565.10 | 0.018 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 | 1.08 times |
| 31 Mon Oct 2022 | 628.90 | 621.10 | 668.00 | 586.40 | 1.182 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 | 19, 23, 8 | Sell |
| MACD | -13, -14 | Buy |
| Stochastics | 23 | Sell |
| CCI | -105 | Sell |
| RSI | 44 | Sell |
| OBV | -5553 | Sell |
| VWAP | 575 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | 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 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 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 SELL. 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 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 in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Wheels India in short term and SELL signal is strong!
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 575.32 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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