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(GLFL_BE) Gujarat Lease complete technical analysis [charts+indicators] | Buy/Sell Gujarat Lease | (GLFL_BE) share price targets

Complete technical analysis of Gujarat Lease (GLFL_BE) by charts plus indicators, forecast predictions and share price targets for Gujarat Lease (GLFL_BE)

Showing technical analysis as on 2024-06-03 View latest technical analysis

10 day averaged volume of Gujarat Lease is 3266

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	7.85	7.85	7.85	7.85	1.462 times
31 Fri May 2024	8.00	8.15	8.15	8.00	0.722 times
30 Thu May 2024	8.15	8.30	8.30	8.15	0.827 times
29 Wed May 2024	8.30	8.45	8.45	8.30	0.38 times
28 Tue May 2024	8.45	8.45	8.45	8.45	0.216 times
27 Mon May 2024	8.60	8.60	8.60	8.60	0.7 times
24 Fri May 2024	8.75	8.75	8.75	8.75	0.211 times
23 Thu May 2024	8.90	8.90	8.90	8.90	1.095 times
22 Wed May 2024	9.05	9.05	9.05	9.05	0.323 times
21 Tue May 2024	9.20	9.25	9.70	8.80	4.572 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 7.8 as stoploss in an intra day buy trade for a target of 8.35. However, stock will show a bearish move below 7.8.

Share price targets for Gujarat Lease (GLFL_BE)

Target Type	Value
Downside Target	7.25
Downside Target	7.55
Downside Target	7.75
Upside Target	8.20
Upside Target	8.40
Upside Target	8.60
Upside Target	8.75
Upside Target	9.25
Upside Target	9.70
Upside Target	10.70
Upside Target	10.90
Upside Target	11.70

Intraday share price targets for Gujarat Lease (GLFL_BE)

Target Type	Value
Downside Intraday Target	7.85
Downside Intraday Target	7.85
Downside Intraday Target	7.85
Downside Intraday Target	7.85
Downside Intraday Target	7.85

Weekly technical analysis of Gujarat Lease (GLFL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	7.85	7.85	7.85	7.85	0.514 times
31 Fri May 2024	8.00	8.60	8.60	8.00	0.459 times
24 Fri May 2024	8.75	9.25	9.70	8.75	0.227 times
18 Sat May 2024	9.25	7.75	9.25	7.25	11.905 times
10 Fri May 2024	7.75	8.40	8.40	7.75	0.531 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 Gujarat Lease (GLFL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	7.85	7.85	7.85	7.85	0.034 times
31 Fri May 2024	8.00	8.65	9.70	7.25	1.263 times
30 Tue Apr 2024	8.65	8.75	10.90	8.00	0.866 times
28 Thu Mar 2024	8.35	10.90	11.70	8.20	0.32 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 Gujarat Lease (GLFL_BE)

Price action analysis of Gujarat Lease ( (GLFL_BE) ) 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 Gujarat Lease ( (GLFL_BE) ) based on a short to mid 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 Gujarat Lease ( (GLFL_BE) ) 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 Gujarat Lease stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Gujarat Lease in short term and the sell signal is strong.

Gujarat Lease 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Gujarat Lease 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Gujarat Lease is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.71 and Gujarat Lease (GLFL_BE) 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 Gujarat Lease (GLFL_BE) stock. Volume based technical analysis of Gujarat Lease (GLFL_BE) stock is negative.

Gujarat Lease 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.