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

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

Showing technical analysis as on 2024-05-28 View latest technical analysis

10 day averaged volume of Gujarat Gas is 753623

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	547.35	554.00	559.95	540.00	0.614 times
27 Mon May 2024	554.40	560.95	562.80	551.15	0.766 times
24 Fri May 2024	556.50	560.00	567.00	555.20	1.012 times
23 Thu May 2024	560.75	563.00	563.55	550.10	0.968 times
22 Wed May 2024	558.00	563.00	568.45	556.05	1.397 times
21 Tue May 2024	560.80	554.00	563.00	550.35	1.249 times
18 Sat May 2024	553.75	555.00	558.20	551.15	0.145 times
17 Fri May 2024	551.70	551.20	556.70	543.40	1.03 times
16 Thu May 2024	550.90	544.90	553.70	539.30	1.076 times
15 Wed May 2024	542.55	551.35	551.35	541.45	0.581 times

My analysis of stock is bullish for shortterm, and stock might move up till 556.1 or till 567.2. Use a stoploss of 546.97 and if this stock hits its stoploss, then it can fall down till 537.79

Share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Target	461.70
Downside Target	498.35
Downside Target	512.00
Upside Target	562.80
Upside Target	567.00
Upside Target	568.45
Upside Target	582.75
Upside Target	584.00
Upside Target	595.75
Upside Target	620.00

Intraday share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Intraday Target	537.3
Downside Intraday Target	527.25
Upside Intraday Target	560.1
Upside Intraday Target	572.85
Upside Intraday Target	550.05

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	547.35	560.95	562.80	540.00	0.298 times
24 Fri May 2024	556.50	554.00	568.45	550.10	0.851 times
18 Sat May 2024	553.75	531.00	558.20	519.35	0.316 times
10 Fri May 2024	530.05	536.20	567.00	523.25	3.271 times
03 Fri May 2024	535.90	554.80	558.00	530.80	0.947 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 Gas (GUJGASLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Tue May 2024	547.35	548.75	568.45	519.35	0.833 times
30 Tue Apr 2024	546.60	544.95	584.00	534.10	1.552 times
28 Thu Mar 2024	544.25	568.00	595.75	498.35	0.539 times
29 Thu Feb 2024	565.35	587.40	620.00	512.00	0.743 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 Gujarat Gas (GUJGASLTD)

Price action analysis of Gujarat Gas ( (GUJGASLTD) ) 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 Gujarat Gas ( (GUJGASLTD) ) 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 Gujarat Gas ( (GUJGASLTD) ) 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 Gas ( (GUJGASLTD) ) 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 Gas stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Gujarat Gas in short term and the buy signal is strong.

Gujarat Gas 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. Bulls are getting tired and bears are picking up momentum.

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 Gas 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 positive zone. This is a BUY zone

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 554.79 and Gujarat Gas (GUJGASLTD) 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 Gujarat Gas (GUJGASLTD) stock. Volume based technical analysis of Gujarat Gas (GUJGASLTD) stock is negative.

Gujarat Gas 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.