(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 2024-08-16 View latest technical analysis
10 day averaged volume of Gitarenew is 5597
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 167.65 | 168.10 | 171.40 | 164.05 | 1.049 times |
| 14 Wed Aug 2024 | 168.20 | 175.80 | 175.95 | 161.00 | 0.595 times |
| 13 Tue Aug 2024 | 171.55 | 175.00 | 178.00 | 160.00 | 2.115 times |
| 12 Mon Aug 2024 | 173.30 | 166.00 | 175.90 | 165.05 | 1.701 times |
| 09 Fri Aug 2024 | 167.20 | 170.00 | 171.90 | 166.10 | 0.423 times |
| 08 Thu Aug 2024 | 168.80 | 165.20 | 174.90 | 165.00 | 0.604 times |
| 07 Wed Aug 2024 | 166.85 | 168.00 | 169.85 | 164.00 | 0.532 times |
| 06 Tue Aug 2024 | 167.15 | 168.75 | 173.00 | 166.25 | 0.61 times |
| 05 Mon Aug 2024 | 168.75 | 176.10 | 176.10 | 167.80 | 1.46 times |
| 02 Fri Aug 2024 | 176.60 | 180.45 | 180.45 | 174.50 | 0.529 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 167.4 as stoploss in an intra day buy trade for a target of 172.53. However, stock will show a bearish move below 167.4.
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 |
| Upside 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 | 159.1 |
| Downside Intraday Target | 150.55 |
| Upside Intraday Target | 177.1 |
| Upside Intraday Target | 186.55 |
| Upside Intraday Target | 168.55 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 167.65 | 166.00 | 178.00 | 160.00 | 1.504 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Gitarenew (Gitarenew)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 167.65 | 178.00 | 182.95 | 160.00 | 0.321 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 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 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 losing momentum.
MACD generated a SELL signal for Gitarenew in short term and the sell signal is strong.
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 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 170.18 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 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 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 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 losing momentum.
MACD generated a SELL signal for Gitarenew in short term and the sell signal is strong.
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 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 170.18 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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