(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 2024-09-12 View latest technical analysis
10 day averaged volume of Gitarenew is 3290
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 161.35 | 161.50 | 165.50 | 150.00 | 1.725 times |
| 11 Wed Sep 2024 | 161.05 | 160.25 | 163.50 | 160.00 | 0.632 times |
| 10 Tue Sep 2024 | 162.35 | 163.90 | 163.90 | 160.25 | 0.417 times |
| 09 Mon Sep 2024 | 162.40 | 158.00 | 166.00 | 158.00 | 1.66 times |
| 06 Fri Sep 2024 | 161.55 | 163.00 | 163.50 | 159.00 | 1.416 times |
| 05 Thu Sep 2024 | 160.70 | 161.00 | 163.90 | 158.70 | 1.008 times |
| 04 Wed Sep 2024 | 162.15 | 163.50 | 164.00 | 160.10 | 0.682 times |
| 03 Tue Sep 2024 | 162.20 | 161.50 | 163.90 | 160.70 | 0.795 times |
| 02 Mon Sep 2024 | 161.35 | 164.90 | 164.90 | 158.80 | 1.039 times |
| 30 Fri Aug 2024 | 162.00 | 165.00 | 168.00 | 160.00 | 1.209 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 160.8 as stoploss in an intra day buy trade for a target of 162.38. However, stock will show a bearish move below 160.8.
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 144.95 |
| Downside Target | 150.00 |
| 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 | 152.23 |
| Downside Intraday Target | 143.12 |
| Upside Intraday Target | 168.23 |
| Upside Intraday Target | 175.12 |
| Downside Intraday Target | 159.12 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 161.35 | 158.00 | 166.00 | 150.00 | 0.898 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 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 |
| 12 Thu Sep 2024 | 161.35 | 164.90 | 166.00 | 150.00 | 0.256 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 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 Strong and stock is gaining 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 in or above the red cloud Prices appear to be moving up
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
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 161.69 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 Strong and stock is gaining 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 in or above the red cloud Prices appear to be moving up
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
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 161.69 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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