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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)

Showing technical analysis as on 2024-03-04 View latest technical analysis

10 day averaged volume of Wheels India is 105432

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	633.90	638.75	641.95	632.00	0.268 times
02 Sat Mar 2024	638.75	638.50	647.00	631.05	0.037 times
01 Fri Mar 2024	635.85	625.50	648.40	621.95	0.68 times
29 Thu Feb 2024	623.95	625.85	628.50	612.35	0.548 times
28 Wed Feb 2024	624.10	638.15	640.00	609.60	1.232 times
27 Tue Feb 2024	634.95	640.00	658.80	631.70	2.279 times
26 Mon Feb 2024	631.70	616.30	663.50	603.55	3.203 times
23 Fri Feb 2024	613.95	601.05	619.75	600.15	0.497 times
22 Thu Feb 2024	599.25	600.05	606.30	593.95	0.414 times
21 Wed Feb 2024	603.25	622.70	625.00	592.35	0.534 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 641.7 as stoploss in an intra day sell trade for a target of 623.38. However, stock will show a bullish move above 641.7.

Share price targets for Wheels India (WHEELS)

Target Type	Value
Downside Target	584.20
Downside Target	621.95
Upside Target	648.80
Upside Target	656.05
Upside Target	656.50
Upside Target	663.50
Upside Target	680.00
Upside Target	699.00
Upside Target	706.90
Upside Target	732.00
Upside Target	764.95

Intraday share price targets for Wheels India (WHEELS)

Target Type	Value
Downside Intraday Target	629.95
Downside Intraday Target	626
Upside Intraday Target	639.9
Upside Intraday Target	645.9
Upside Intraday Target	635.95

Weekly technical analysis of Wheels India (WHEELS)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	633.90	638.75	641.95	632.00	0.034 times
02 Sat Mar 2024	638.75	616.30	663.50	603.55	3.413 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

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 Wheels India (WHEELS)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	633.90	625.50	648.40	621.95	0.043 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
29 Fri Dec 2023	694.30	670.95	732.00	656.50	1.122 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 Wheels India (WHEELS)

Price action analysis of Wheels India ( (WHEELS) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 Strong 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 627.58 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 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.