(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 2023-02-02 View latest technical analysis
10 day averaged volume of Wheels India is 609
|Date||Daily Closing Price||Open||High||Low||Volume|
|02 Thu Feb 2023||542.80||609.00||609.00||538.00||1.424 times|
|01 Wed Feb 2023||553.40||584.95||584.95||549.15||1.141 times|
|31 Tue Jan 2023||559.00||548.00||576.70||540.00||2.438 times|
|30 Mon Jan 2023||550.50||553.40||558.90||545.05||0.677 times|
|27 Fri Jan 2023||552.50||562.80||562.80||546.00||0.931 times|
|25 Wed Jan 2023||559.70||562.50||567.30||558.45||0.977 times|
|24 Tue Jan 2023||565.65||572.25||575.65||565.00||0.174 times|
|23 Mon Jan 2023||570.80||584.20||584.20||568.00||2.287 times|
|20 Fri Jan 2023||581.15||586.05||586.65||581.00||0.144 times|
|19 Thu Jan 2023||589.30||584.85||644.00||567.40||1.133 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 542.2, for a target of 557.4 or 570.02
Share price targets for Wheels India (WheelsIndia)
Intraday share price targets for Wheels India (WheelsIndia)
|Downside Intraday Target||517.53|
|Downside Intraday Target||492.27|
|Upside Intraday Target||588.53|
|Upside Intraday Target||634.27|
|Upside Intraday Target||563.27|
Weekly technical analysis of Wheels India (WheelsIndia)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|02 Thu Feb 2023||542.80||553.40||609.00||538.00||1.3 times|
|27 Fri Jan 2023||552.50||584.20||584.20||546.00||2.007 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|
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|
|02 Thu Feb 2023||542.80||584.95||609.00||538.00||0.183 times|
|31 Tue Jan 2023||559.00||579.55||644.00||540.00||0.052 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|
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||31, 12, 46||Buy|
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 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 to mid 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 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 SELL signal for Wheels India in short term and the sell signal is strong.
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 below the red cloud Prices appear to be coming down
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 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 561.22 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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