Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

Showing technical analysis as on 2024-02-23 View latest technical analysis

10 day averaged volume of Wheels India is 75391

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	613.95	601.05	619.75	600.15	0.695 times
22 Thu Feb 2024	599.25	600.05	606.30	593.95	0.578 times
21 Wed Feb 2024	603.25	622.70	625.00	592.35	0.747 times
20 Tue Feb 2024	622.70	611.00	638.00	610.55	0.804 times
19 Mon Feb 2024	612.90	612.30	618.00	610.50	0.446 times
16 Fri Feb 2024	612.30	616.00	622.50	608.70	0.367 times
15 Thu Feb 2024	611.95	617.00	622.80	610.00	0.37 times
14 Wed Feb 2024	619.70	584.20	625.00	584.20	0.988 times
13 Tue Feb 2024	594.90	603.15	606.45	586.95	1.498 times
12 Mon Feb 2024	600.10	630.40	648.25	592.45	1.705 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 605.9 as stoploss in an intra day buy trade for a target of 634.24. However, stock will show a bearish move below 605.9.

Share price targets for Wheels India (WHEELS)

Target Type	Value
Downside Target	584.20
Upside Target	622.00
Upside Target	638.00
Upside Target	673.30
Upside Target	680.00
Upside Target	699.00
Upside Target	706.90
Upside Target	713.05
Upside Target	731.25
Upside Target	732.00
Upside Target	764.95
Upside Target	816.80

Intraday share price targets for Wheels India (WHEELS)

Target Type	Value
Downside Intraday Target	591.53
Downside Intraday Target	569.12
Upside Intraday Target	637.18
Upside Intraday Target	660.42
Upside Intraday Target	614.77

Weekly technical analysis of Wheels India (WHEELS)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	613.95	612.30	638.00	592.35	0.664 times
16 Fri Feb 2024	612.30	630.40	648.25	584.20	0.727 times
09 Fri Feb 2024	627.25	670.05	680.00	622.00	0.52 times
02 Fri Feb 2024	666.70	710.15	713.05	641.00	1.562 times
25 Thu Jan 2024	706.65	686.85	731.25	673.30	0.933 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 (WHEELS)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	613.95	661.50	699.00	584.20	0.421 times
31 Wed Jan 2024	657.60	695.45	764.95	648.80	9.063 times
29 Fri Dec 2023	694.30	670.95	732.00	656.50	1.122 times
30 Thu Nov 2023	664.30	701.40	706.90	656.05	0.709 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 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 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 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 losing momentum.

MACD generated a SELL signal for Wheels India 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.

Wheels India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Wheels India in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 606.91 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.