(Gitarenew) Gitarenew complete technical analysis [charts+indicators] | Buy/Sell Gitarenew | (Gitarenew) share price targets
Complete technical analysis of Gitarenew (Gitarenew) by charts plus indicators, forecast predictions and share price targets for Gitarenew (Gitarenew)
Showing technical analysis as on 2024-08-05 View latest technical analysis
10 day averaged volume of Gitarenew is 8793
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 168.75 | 176.10 | 176.10 | 167.80 | 0.929 times |
| 02 Fri Aug 2024 | 176.60 | 180.45 | 180.45 | 174.50 | 0.337 times |
| 01 Thu Aug 2024 | 176.20 | 178.00 | 182.95 | 173.00 | 0.91 times |
| 31 Wed Jul 2024 | 180.65 | 180.10 | 183.45 | 178.45 | 0.481 times |
| 30 Tue Jul 2024 | 181.15 | 188.85 | 188.85 | 179.05 | 0.951 times |
| 29 Mon Jul 2024 | 182.45 | 180.00 | 185.50 | 180.00 | 1.557 times |
| 26 Fri Jul 2024 | 176.70 | 173.90 | 181.95 | 173.00 | 1.059 times |
| 25 Thu Jul 2024 | 173.85 | 185.50 | 185.50 | 171.10 | 1.46 times |
| 24 Wed Jul 2024 | 177.55 | 169.10 | 177.55 | 169.10 | 1.161 times |
| 23 Tue Jul 2024 | 169.10 | 171.80 | 174.00 | 165.50 | 1.075 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 171.6, but if it comes above 171.6, then a intra day buy could be more profitable.
If you take a sell trade below 171.6, then use 171.6 as stoploss and 166.7 as target. However if you take a buy trade in stock , then use 171.6 as stoploss and 175.77 as target.
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 137.00 |
| Downside Target | 144.95 |
| Downside Target | 155.05 |
| Downside Target | 160.40 |
| Downside Target | 167.80 |
| Upside Target | 180.00 |
| Upside Target | 182.00 |
| Upside Target | 182.95 |
| Upside Target | 185.50 |
| Upside Target | 188.85 |
| Upside Target | 202.00 |
| Upside Target | 204.55 |
Intraday share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Intraday Target | 165.67 |
| Downside Intraday Target | 162.58 |
| Upside Intraday Target | 173.97 |
| Upside Intraday Target | 179.18 |
| Upside Intraday Target | 170.88 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 168.75 | 176.10 | 176.10 | 167.80 | 0.219 times |
| 02 Fri Aug 2024 | 176.60 | 180.00 | 188.85 | 173.00 | 0.735 times |
| 26 Fri Jul 2024 | 176.70 | 173.75 | 185.50 | 162.90 | 1.981 times |
| 19 Fri Jul 2024 | 169.55 | 180.00 | 180.00 | 168.00 | 0.685 times |
| 12 Fri Jul 2024 | 176.80 | 174.05 | 182.00 | 170.50 | 0.709 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 Gitarenew (Gitarenew)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 168.75 | 178.00 | 182.95 | 167.80 | 0.099 times |
| 31 Wed Jul 2024 | 180.65 | 185.90 | 188.85 | 162.90 | 1.282 times |
| 28 Fri Jun 2024 | 177.90 | 155.05 | 202.00 | 144.95 | 1.668 times |
| 31 Fri May 2024 | 155.05 | 168.40 | 204.55 | 155.05 | 1.54 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 Gitarenew (Gitarenew)
Price action analysis of Gitarenew ( (Gitarenew) ) 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 Gitarenew ( (Gitarenew) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Gitarenew ( (Gitarenew) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Gitarenew ( (Gitarenew) ) 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 Gitarenew stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Gitarenew in short term but the sell signal is initial and weak.
Gitarenew 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 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 Gitarenew in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 Gitarenew is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 176.28 and Gitarenew (Gitarenew) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Gitarenew (Gitarenew) stock. Volume based technical analysis of Gitarenew (Gitarenew) stock is negative.
Gitarenew 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.
Price action analysis of Gitarenew ( (Gitarenew) ) 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 Gitarenew ( (Gitarenew) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Gitarenew ( (Gitarenew) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Gitarenew ( (Gitarenew) ) 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 Gitarenew stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Gitarenew in short term but the sell signal is initial and weak.
Gitarenew 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 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 Gitarenew in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 Gitarenew is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 176.28 and Gitarenew (Gitarenew) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Gitarenew (Gitarenew) stock. Volume based technical analysis of Gitarenew (Gitarenew) stock is negative.
Gitarenew 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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