(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 2024-12-17 View latest technical analysis
10 day averaged volume of Gitarenew is 2741
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue Dec 2024 | 159.05 | 163.90 | 163.90 | 158.00 | 0.965 times |
| 16 Mon Dec 2024 | 161.05 | 162.00 | 164.90 | 159.00 | 0.436 times |
| 13 Fri Dec 2024 | 162.15 | 162.50 | 164.90 | 160.00 | 1.203 times |
| 12 Thu Dec 2024 | 162.50 | 161.55 | 164.30 | 160.20 | 0.404 times |
| 11 Wed Dec 2024 | 164.50 | 167.50 | 167.50 | 160.40 | 0.966 times |
| 10 Tue Dec 2024 | 163.80 | 167.00 | 167.00 | 160.20 | 1.173 times |
| 09 Mon Dec 2024 | 163.25 | 163.90 | 165.00 | 160.40 | 2.586 times |
| 06 Fri Dec 2024 | 161.10 | 163.00 | 163.00 | 158.25 | 0.816 times |
| 05 Thu Dec 2024 | 159.35 | 162.90 | 162.90 | 157.00 | 0.859 times |
| 04 Wed Dec 2024 | 159.45 | 163.00 | 163.00 | 158.00 | 0.873 times |
My analysis of stock is bearish for shortterm, and stock might move down till 157.3 or till 154. Use a stoploss of 160 and if the stock hits stoploss, then it can shoot up till 162.72
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 142.05 |
| Downside Target | 150.00 |
| Downside Target | 155.00 |
| Upside Target | 164.95 |
| Upside Target | 167.50 |
| Upside Target | 170.00 |
| Upside Target | 182.95 |
| Upside Target | 188.00 |
| Upside Target | 190.85 |
| Upside Target | 197.50 |
Intraday share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Intraday Target | 156.4 |
| Downside Intraday Target | 153.75 |
| Upside Intraday Target | 163.3 |
| Upside Intraday Target | 167.55 |
| Upside Intraday Target | 160.65 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue Dec 2024 | 159.05 | 162.00 | 164.90 | 158.00 | 0.221 times |
| 13 Fri Dec 2024 | 162.15 | 163.90 | 167.50 | 160.00 | 1.395 times |
| 06 Fri Dec 2024 | 161.10 | 162.80 | 163.00 | 155.20 | 1.112 times |
| 29 Fri Nov 2024 | 158.80 | 164.80 | 164.95 | 158.00 | 1.084 times |
| 22 Fri Nov 2024 | 154.70 | 168.00 | 170.00 | 151.85 | 0.669 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 |
| 17 Tue Dec 2024 | 159.05 | 162.80 | 167.50 | 155.20 | 0.47 times |
| 29 Fri Nov 2024 | 158.80 | 183.00 | 188.00 | 150.00 | 0.538 times |
| 31 Thu Oct 2024 | 180.70 | 173.00 | 190.85 | 142.05 | 0.585 times |
| 30 Mon Sep 2024 | 173.70 | 164.90 | 197.50 | 150.00 | 1.889 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 BUY signal for Gitarenew in short term but the buy signal is initial and weak.
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 getting stronger in this stock.
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 161.97 and Gitarenew (Gitarenew) stock is trading below this level. This means that stock is falling with high volumes. 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 BUY signal for Gitarenew in short term but the buy signal is initial and weak.
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 getting stronger in this stock.
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 161.97 and Gitarenew (Gitarenew) stock is trading below this level. This means that stock is falling with high volumes. 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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