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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 2024-03-18 View latest technical analysis

10 day averaged volume of Wheels India is 44057

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	580.25	577.00	598.45	575.70	1.591 times
15 Fri Mar 2024	577.40	578.95	583.00	571.00	0.675 times
14 Thu Mar 2024	576.30	564.55	583.25	561.35	0.799 times
13 Wed Mar 2024	561.70	598.75	598.75	554.50	2.299 times
12 Tue Mar 2024	589.90	609.95	612.80	586.25	1.228 times
11 Mon Mar 2024	606.75	610.00	612.45	601.95	1.144 times
07 Thu Mar 2024	609.35	606.80	618.15	605.05	0.855 times
06 Wed Mar 2024	604.15	620.00	629.20	600.00	1.229 times
05 Tue Mar 2024	622.95	633.00	634.35	621.65	1.042 times
04 Mon Mar 2024	633.90	638.75	641.95	632.00	0.64 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 587.3, but if it comes above 587.3, then a intra day buy could be more profitable.
If you take a sell trade below 587.3, then use 587.3 as stoploss and 560.6 as target. However if you take a buy trade in stock , then use 587.3 as stoploss and 609.56 as target.

Share price targets for Wheels India (WHEELS)

Target Type	Value
Downside Target	554.50
Downside Target	575.70
Upside Target	638.00
Upside Target	648.80
Upside Target	656.05
Upside Target	656.50
Upside Target	663.50
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	571.15
Downside Intraday Target	562.05
Upside Intraday Target	593.9
Upside Intraday Target	607.55
Upside Intraday Target	584.8

Weekly technical analysis of Wheels India (WHEELS)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	580.25	577.00	598.45	575.70	0.259 times
15 Fri Mar 2024	577.40	610.00	612.80	554.50	1.631 times
07 Thu Mar 2024	609.35	638.75	641.95	600.00	0.197 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

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
18 Mon Mar 2024	580.25	625.50	648.40	554.50	0.24 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Wheels India in short term and the sell signal is strong.

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 but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 591.34 and Wheels India (WHEELS) stock is trading below this level. This means that stock is falling with high volumes. 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.