(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 2024-09-09 View latest technical analysis
10 day averaged volume of Gitarenew is 4114
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 162.40 | 158.00 | 166.00 | 158.00 | 1.327 times |
| 06 Fri Sep 2024 | 161.55 | 163.00 | 163.50 | 159.00 | 1.132 times |
| 05 Thu Sep 2024 | 160.70 | 161.00 | 163.90 | 158.70 | 0.806 times |
| 04 Wed Sep 2024 | 162.15 | 163.50 | 164.00 | 160.10 | 0.545 times |
| 03 Tue Sep 2024 | 162.20 | 161.50 | 163.90 | 160.70 | 0.636 times |
| 02 Mon Sep 2024 | 161.35 | 164.90 | 164.90 | 158.80 | 0.831 times |
| 30 Fri Aug 2024 | 162.00 | 165.00 | 168.00 | 160.00 | 0.967 times |
| 29 Thu Aug 2024 | 162.00 | 164.85 | 169.00 | 160.00 | 0.914 times |
| 28 Wed Aug 2024 | 161.60 | 162.45 | 169.00 | 155.00 | 1.743 times |
| 27 Tue Aug 2024 | 162.20 | 161.20 | 165.00 | 160.00 | 1.081 times |
My analysis of stock is bearish for shortterm, and stock might move down till 160.3 or till 156.1. Use a stoploss of 163.8 and if the stock hits stoploss, then it can shoot up till 167.28
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 144.95 |
| Downside Target | 155.00 |
| Upside Target | 166.00 |
| Upside Target | 169.00 |
| Upside Target | 178.00 |
| Upside Target | 182.95 |
| 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 | 158.27 |
| Downside Intraday Target | 154.13 |
| Upside Intraday Target | 166.27 |
| Upside Intraday Target | 170.13 |
| Downside Intraday Target | 162.13 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 162.40 | 158.00 | 166.00 | 158.00 | 0.336 times |
| 06 Fri Sep 2024 | 161.55 | 164.90 | 164.90 | 158.70 | 0.653 times |
| 30 Fri Aug 2024 | 162.00 | 165.30 | 169.00 | 155.00 | 0.738 times |
| 23 Fri Aug 2024 | 161.80 | 167.00 | 169.00 | 156.00 | 1.104 times |
| 16 Fri Aug 2024 | 167.65 | 166.00 | 178.00 | 160.00 | 1.504 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 |
| 09 Mon Sep 2024 | 162.40 | 164.90 | 166.00 | 158.00 | 0.18 times |
| 30 Fri Aug 2024 | 162.00 | 178.00 | 182.95 | 155.00 | 0.625 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 |
Scroll below to view daily charts
Price has moved up 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Gitarenew in short term but the buy signal is initial and weak.
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 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 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 161.82 and Gitarenew (Gitarenew) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Gitarenew in short term but the buy signal is initial and weak.
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 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 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 161.82 and Gitarenew (Gitarenew) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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