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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 2024-08-27 View latest technical analysis

10 day averaged volume of Gujarat Gas is 1038304

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	599.80	602.00	607.15	597.25	0.956 times
26 Mon Aug 2024	599.45	597.70	601.45	588.60	0.915 times
23 Fri Aug 2024	594.00	598.40	598.40	590.15	1.935 times
22 Thu Aug 2024	595.40	602.90	602.90	589.25	1.191 times
21 Wed Aug 2024	596.90	589.90	602.00	584.40	1.344 times
20 Tue Aug 2024	588.00	593.00	596.85	584.00	0.787 times
19 Mon Aug 2024	590.75	602.00	605.85	589.00	0.755 times
16 Fri Aug 2024	601.20	594.30	606.55	592.50	0.629 times
14 Wed Aug 2024	592.50	601.00	602.00	584.35	0.949 times
13 Tue Aug 2024	595.75	620.00	624.95	593.65	0.636 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 590.6 as stoploss in an intra day buy trade for a target of 619.94. However, stock will show a bearish move below 590.6.

Share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Target	490.00
Downside Target	519.35
Downside Target	534.10
Downside Target	568.45
Downside Target	584.00
Upside Target	624.95
Upside Target	646.55
Upside Target	648.95
Upside Target	665.00
Upside Target	682.75
Upside Target	687.30

Intraday share price targets for Gujarat Gas (GUJGASLTD)

Target Type	Value
Downside Intraday Target	589.88
Downside Intraday Target	579.97
Upside Intraday Target	608.43
Upside Intraday Target	617.07
Downside Intraday Target	598.52

Weekly technical analysis of Gujarat Gas (GUJGASLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	599.80	597.70	607.15	588.60	0.311 times
23 Fri Aug 2024	594.00	602.00	605.85	584.00	1.955 times
16 Fri Aug 2024	601.20	605.00	624.95	584.35	0.516 times
09 Fri Aug 2024	610.70	648.50	665.00	598.10	0.841 times
02 Fri Aug 2024	656.90	649.20	687.30	646.55	1.384 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 Gujarat Gas (GUJGASLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	599.80	678.40	682.75	584.00	0.685 times
31 Wed Jul 2024	678.90	628.45	687.30	612.00	0.858 times
28 Fri Jun 2024	628.45	560.00	648.95	490.00	1.2 times
31 Fri May 2024	551.35	548.75	568.45	519.35	0.949 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 Gas (GUJGASLTD)

Price action analysis of Gujarat Gas ( (GUJGASLTD) ) 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 Gujarat Gas ( (GUJGASLTD) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Gujarat Gas ( (GUJGASLTD) ) 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 Gujarat Gas ( (GUJGASLTD) ) based on a mid to longer 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

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 SELL signal for Gujarat Gas in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Gujarat Gas 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

Although the stock is in the SELL zone, but selling 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 595.3 and Gujarat Gas (GUJGASLTD) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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.