(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 2024-08-13 View latest technical analysis
10 day averaged volume of Gitarenew is 5339
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Tue Aug 2024 | 171.55 | 175.00 | 178.00 | 160.00 | 2.217 times |
| 12 Mon Aug 2024 | 173.30 | 166.00 | 175.90 | 165.05 | 1.783 times |
| 09 Fri Aug 2024 | 167.20 | 170.00 | 171.90 | 166.10 | 0.444 times |
| 08 Thu Aug 2024 | 168.80 | 165.20 | 174.90 | 165.00 | 0.633 times |
| 07 Wed Aug 2024 | 166.85 | 168.00 | 169.85 | 164.00 | 0.558 times |
| 06 Tue Aug 2024 | 167.15 | 168.75 | 173.00 | 166.25 | 0.64 times |
| 05 Mon Aug 2024 | 168.75 | 176.10 | 176.10 | 167.80 | 1.531 times |
| 02 Fri Aug 2024 | 176.60 | 180.45 | 180.45 | 174.50 | 0.554 times |
| 01 Thu Aug 2024 | 176.20 | 178.00 | 182.95 | 173.00 | 1.499 times |
| 31 Wed Jul 2024 | 180.65 | 180.10 | 183.45 | 178.45 | 0.793 times |
Stock of Gitarenew (Gitarenew) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 168.3 or till 162.4. Use a stoploss of 173.29 and if the stock hits stoploss, then it can shoot up till 178.25
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 137.00 |
| Downside Target | 144.95 |
| Downside Target | 155.05 |
| Downside Target | 160.00 |
| Downside Target | 168.00 |
| Upside 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 | 161.7 |
| Downside Intraday Target | 151.85 |
| Upside Intraday Target | 179.7 |
| Upside Intraday Target | 187.85 |
| Downside Intraday Target | 169.85 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Tue Aug 2024 | 171.55 | 166.00 | 178.00 | 160.00 | 1.051 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 |
| 13 Tue Aug 2024 | 171.55 | 178.00 | 182.95 | 160.00 | 0.273 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 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 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 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 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 Weak and stock is gaining 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Gitarenew is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 172.18 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 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 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 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 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 Weak and stock is gaining 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Gitarenew is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 172.18 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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