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(WheelsIndia) Wheels India complete technical analysis [charts+indicators] | Buy/Sell Wheels India | (WheelsIndia) share price targets

Complete technical analysis of Wheels India (WheelsIndia) by charts plus indicators, forecast predictions and share price targets for Wheels India (WheelsIndia)

10 day averaged volume of Wheels India is 5392

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 581.00 584.95 584.95 573.50 0.373 times
07 Tue May 2024 576.05 580.00 581.00 571.00 0.432 times
06 Mon May 2024 577.70 587.00 588.90 575.40 0.69 times
03 Fri May 2024 584.05 600.70 602.40 578.00 0.749 times
02 Thu May 2024 594.00 591.55 610.00 590.20 1.012 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 576.5 as stoploss in an intra day buy trade for a target of 586.15. However, stock will show a bearish move below 576.5.

Share price targets for Wheels India (WheelsIndia)

Target Type Value
Downside Target 555.00
Downside Target 566.15
Upside Target 602.50
Upside Target 610.00
Upside Target 610.95
Upside Target 622.90
Upside Target 648.90
Upside Target 649.00
Upside Target 691.95
Upside Target 762.50

Intraday share price targets for Wheels India (WheelsIndia)

Target Type Value
Downside Intraday Target 571.7
Downside Intraday Target 562.4
Upside Intraday Target 589.6
Upside Intraday Target 598.2
Downside Intraday Target 580.3

Weekly technical analysis of Wheels India (WheelsIndia)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 581.00 587.00 588.90 571.00 0.301 times
03 Fri May 2024 584.05 585.70 610.95 578.00 1.198 times
26 Fri Apr 2024 581.65 593.85 602.50 578.00 1.369 times
19 Fri Apr 2024 577.00 587.95 587.95 566.15 1.275 times
12 Fri Apr 2024 588.75 607.15 622.90 586.05 0.785 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 Wheels India (WheelsIndia)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 581.00 591.55 610.00 571.00 0.207 times
30 Tue Apr 2024 590.50 604.40 622.90 566.15 0.923 times
28 Thu Mar 2024 597.35 626.30 648.90 555.00 0.483 times
29 Thu Feb 2024 620.95 660.00 691.95 586.95 0.77 times

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 Wheels India (WheelsIndia)

Indicator Name Indicator Value Indicator Signal
ADX 20, 20, 2 Sell
MACD -11, -11Buy
Stochastics 15Sell
CCI -77Buy
RSI 38Sell
OBV 12833Sell
VWAP 587Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Wheels India ( (WheelsIndia) ) 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 Wheels India ( (WheelsIndia) ) 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 Wheels India ( (WheelsIndia) ) based on a short to mid term time period is

Price action analysis of Wheels India ( (WheelsIndia) ) 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 Wheels India stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Wheels India 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.

Wheels India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 buy signal for Wheels India in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Wheels India is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 586.91 and Wheels India (WheelsIndia) 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 Wheels India (WheelsIndia) stock. Volume based technical analysis of Wheels India (WheelsIndia) stock is negative.

Wheels India Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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