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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 3007

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 588.55 590.00 599.80 582.75 0.803 times
17 Fri May 2024 585.95 578.95 589.00 577.45 1.836 times
16 Thu May 2024 578.95 580.80 580.85 573.00 0.266 times
15 Wed May 2024 577.10 569.50 580.00 567.50 0.822 times
14 Tue May 2024 569.00 570.20 580.00 559.00 1.36 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 591.1 as stoploss in an intra day sell trade for a target of 579.79. However, stock will show a bullish move above 591.1.

Share price targets for Wheels India (WheelsIndia)

Target Type Value
Downside Target 548.50
Downside Target 566.15
Downside Target 578.00
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 580.93
Downside Intraday Target 573.32
Upside Intraday Target 597.98
Upside Intraday Target 607.42
Upside Intraday Target 590.37

Weekly technical analysis of Wheels India (WheelsIndia)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 588.55 590.00 599.80 582.75 0.176 times
17 Fri May 2024 585.95 569.75 589.00 548.50 0.774 times
10 Fri May 2024 558.55 587.00 588.90 550.00 0.661 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

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 Wheels India (WheelsIndia)

Date Monthly Closing Price Open High Low Volume
20 Mon May 2024 588.55 591.55 610.00 548.50 0.509 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 27, 16, 25 Buy
MACD -9, -13Buy
Stochastics 76Buy
CCI 132Buy
RSI 32Sell
OBV 34777Sell
VWAP 572Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Wheels India ( (WheelsIndia) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Wheels India ( (WheelsIndia) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Wheels India ( (WheelsIndia) ) 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 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 BUY. Signal strength is Strong and stock is gaining 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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL 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 571.75 and Wheels India (WheelsIndia) 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 Wheels India (WheelsIndia) stock. Volume based technical analysis of Wheels India (WheelsIndia) stock is negative.

Wheels India 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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