(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 2024-08-12 View latest technical analysis
10 day averaged volume of Gitarenew is 5756
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 173.30 | 166.00 | 175.90 | 165.05 | 1.654 times |
| 09 Fri Aug 2024 | 167.20 | 170.00 | 171.90 | 166.10 | 0.412 times |
| 08 Thu Aug 2024 | 168.80 | 165.20 | 174.90 | 165.00 | 0.588 times |
| 07 Wed Aug 2024 | 166.85 | 168.00 | 169.85 | 164.00 | 0.517 times |
| 06 Tue Aug 2024 | 167.15 | 168.75 | 173.00 | 166.25 | 0.593 times |
| 05 Mon Aug 2024 | 168.75 | 176.10 | 176.10 | 167.80 | 1.42 times |
| 02 Fri Aug 2024 | 176.60 | 180.45 | 180.45 | 174.50 | 0.514 times |
| 01 Thu Aug 2024 | 176.20 | 178.00 | 182.95 | 173.00 | 1.39 times |
| 31 Wed Jul 2024 | 180.65 | 180.10 | 183.45 | 178.45 | 0.735 times |
| 30 Tue Jul 2024 | 181.15 | 188.85 | 188.85 | 179.05 | 1.452 times |
My analysis of stock is bearish for shortterm, and stock might move down till 168.6 or till 162.6. Use a stoploss of 173.56 and if the stock hits stoploss, then it can shoot up till 178.56
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 | 173.00 |
| Upside Target | 180.00 |
| 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 | 166.93 |
| Downside Intraday Target | 160.57 |
| Upside Intraday Target | 177.78 |
| Upside Intraday Target | 182.27 |
| Downside Intraday Target | 171.42 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 173.30 | 166.00 | 175.90 | 165.05 | 0.469 times |
| 09 Fri Aug 2024 | 167.20 | 176.10 | 176.10 | 164.00 | 0.546 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 |
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 Gitarenew (Gitarenew)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 173.30 | 178.00 | 182.95 | 164.00 | 0.212 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 to mid 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Gitarenew in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Gitarenew Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 buy signal for Gitarenew in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 173.72 and Gitarenew (Gitarenew) 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 Gitarenew (Gitarenew) stock. Volume based technical analysis of Gitarenew (Gitarenew) stock is negative.
Gitarenew 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.
Price action analysis of Gitarenew ( (Gitarenew) ) 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 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 to mid 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Gitarenew in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Gitarenew Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 buy signal for Gitarenew in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 173.72 and Gitarenew (Gitarenew) 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 Gitarenew (Gitarenew) stock. Volume based technical analysis of Gitarenew (Gitarenew) stock is negative.
Gitarenew 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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