(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 2023-01-24 View latest technical analysis
10 day averaged volume of Wheels India is 342
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Jan 2023 | 565.65 | 572.25 | 575.65 | 565.00 | 0.31 times |
| 23 Mon Jan 2023 | 570.80 | 584.20 | 584.20 | 568.00 | 4.073 times |
| 20 Fri Jan 2023 | 581.15 | 586.05 | 586.65 | 581.00 | 0.257 times |
| 19 Thu Jan 2023 | 589.30 | 584.85 | 644.00 | 567.40 | 2.018 times |
| 18 Wed Jan 2023 | 583.15 | 579.65 | 583.75 | 579.65 | 0.178 times |
| 17 Tue Jan 2023 | 580.75 | 578.15 | 585.00 | 578.00 | 0.602 times |
| 16 Mon Jan 2023 | 572.65 | 570.20 | 577.80 | 565.10 | 0.822 times |
| 13 Fri Jan 2023 | 572.45 | 576.95 | 577.80 | 566.95 | 0.825 times |
| 12 Thu Jan 2023 | 574.85 | 579.60 | 580.35 | 572.60 | 0.24 times |
| 11 Wed Jan 2023 | 580.15 | 575.00 | 583.85 | 575.00 | 0.439 times |
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 564.6, for a target of 571.7 or 577.51
Share price targets for Wheels India (WheelsIndia)
| Target Type | Value |
| Downside Target | 532.20 |
| Downside Target | 565.00 |
| Upside Target | 584.20 |
| Upside Target | 596.40 |
| Upside Target | 599.00 |
| Upside Target | 644.00 |
| 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 | 559.03 |
| Downside Intraday Target | 552.42 |
| Upside Intraday Target | 578.23 |
| Upside Intraday Target | 590.82 |
| Upside Intraday Target | 571.62 |
Weekly technical analysis of Wheels India (WheelsIndia)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Jan 2023 | 565.65 | 584.20 | 584.20 | 565.00 | 1.13 times |
| 20 Fri Jan 2023 | 581.15 | 570.20 | 644.00 | 565.10 | 1.487 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 |
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 Tue Jan 2023 | 565.65 | 579.55 | 644.00 | 565.00 | 0.033 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 | 36, 18, 33 | Buy |
| MACD | -10, -10 | Buy |
| Stochastics | 9 | Sell |
| CCI | -108 | Sell |
| RSI | 44 | Sell |
| OBV | -1943 | Sell |
| VWAP | 576 | 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Wheels India in short term but the buy signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 576.39 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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