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 2024-02-28 View latest technical analysis

10 day averaged volume of Wheels India is 95461

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	624.10	638.15	640.00	609.60	1.361 times
27 Tue Feb 2024	634.95	640.00	658.80	631.70	2.517 times
26 Mon Feb 2024	631.70	616.30	663.50	603.55	3.538 times
23 Fri Feb 2024	613.95	601.05	619.75	600.15	0.549 times
22 Thu Feb 2024	599.25	600.05	606.30	593.95	0.457 times
21 Wed Feb 2024	603.25	622.70	625.00	592.35	0.59 times
20 Tue Feb 2024	622.70	611.00	638.00	610.55	0.635 times
19 Mon Feb 2024	612.90	612.30	618.00	610.50	0.352 times
16 Fri Feb 2024	612.30	616.00	622.50	608.70	0.289 times
15 Thu Feb 2024	611.95	617.00	622.80	610.00	0.292 times

My analysis of stock is bearish for shortterm, and stock might move down till 605.3 or till 578.3. Use a stoploss of 627.8 and if the stock hits stoploss, then it can shoot up till 650.32

Share price targets for Wheels India (WHEELS)

Target Type	Value
Downside Target	584.20
Downside Target	622.00
Upside Target	638.00
Upside Target	663.50
Upside Target	680.00
Upside Target	699.00
Upside Target	706.90
Upside Target	713.05
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	597.27
Downside Intraday Target	570.43
Upside Intraday Target	657.22
Upside Intraday Target	690.33
Upside Intraday Target	630.38

Weekly technical analysis of Wheels India (WHEELS)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	624.10	616.30	663.50	603.55	2.872 times
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

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
28 Wed Feb 2024	624.10	661.50	699.00	584.20	0.602 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 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 BUY. Signal strength is Weak and stock is losing 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. 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 Wheels India in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 Wheels India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 625.35 and Wheels India (WHEELS) 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 Wheels India (WHEELS) stock. Volume based technical analysis of Wheels India (WHEELS) stock is negative.

Wheels India Stock is giving positive 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.