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

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

10 day averaged volume of Wheels India is 49283

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	582.50	584.00	590.45	579.50	1.141 times
25 Thu Apr 2024	579.65	596.35	599.75	577.00	2.642 times
24 Wed Apr 2024	595.85	587.20	603.00	587.20	1.042 times
23 Tue Apr 2024	587.85	590.00	593.95	586.00	0.518 times
22 Mon Apr 2024	589.45	579.00	592.00	579.00	0.596 times
19 Fri Apr 2024	578.85	573.25	582.10	567.05	0.548 times
18 Thu Apr 2024	573.25	585.20	587.00	569.95	0.602 times
16 Tue Apr 2024	582.25	568.90	585.20	566.15	0.566 times
15 Mon Apr 2024	570.10	587.00	587.00	565.60	1.241 times
12 Fri Apr 2024	587.55	601.95	604.80	585.85	1.249 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 580.4 as stoploss in an intra day buy trade for a target of 591.38. However, stock will show a bearish move below 580.4.

Share price targets for Wheels India (WHEELS)

Target Type	Value
Downside Target	554.50
Downside Target	565.60
Upside Target	603.00
Upside Target	622.05
Upside Target	648.40
Upside Target	648.80
Upside Target	656.50
Upside Target	699.00
Upside Target	732.00
Upside Target	764.95

Intraday share price targets for Wheels India (WHEELS)

Target Type	Value
Downside Intraday Target	572
Downside Intraday Target	561.5
Upside Intraday Target	598
Upside Intraday Target	613.5
Upside Intraday Target	587.5

Weekly technical analysis of Wheels India (WHEELS)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	582.50	579.00	603.00	577.00	2.009 times
19 Fri Apr 2024	578.85	587.00	587.00	565.60	0.586 times
12 Fri Apr 2024	587.55	607.00	622.05	585.85	0.687 times
05 Fri Apr 2024	604.70	602.95	614.10	591.20	1.056 times
28 Thu Mar 2024	597.95	589.55	605.10	570.00	1.387 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Wheels India (WHEELS)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	582.50	602.95	622.05	565.60	0.952 times
28 Thu Mar 2024	597.95	625.50	648.40	554.50	0.455 times
29 Thu Feb 2024	623.95	661.50	699.00	584.20	0.616 times
31 Wed Jan 2024	657.60	695.45	764.95	648.80	9.063 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 Wheels India (WHEELS)

Price action analysis of Wheels India ( (WHEELS) ) 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 Wheels India ( (WHEELS) ) 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 ( (WHEELS) ) 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 ( (WHEELS) ) 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 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 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 SELL signal for Wheels India in short term but SELL signal is weak.

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 582.16 and Wheels India (WHEELS) 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 Wheels India (WHEELS) stock. Volume based technical analysis of Wheels India (WHEELS) stock is negative.

Wheels India 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.