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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 2024-03-22 View latest technical analysis

10 day averaged volume of Wheels India is 50274

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	589.55	570.00	598.85	570.00	1.054 times
21 Thu Mar 2024	576.65	577.80	585.00	572.10	0.581 times
20 Wed Mar 2024	575.15	569.95	579.00	569.95	1.099 times
19 Tue Mar 2024	569.00	583.20	584.75	561.80	0.792 times
18 Mon Mar 2024	580.25	577.00	598.45	575.70	1.394 times
15 Fri Mar 2024	577.40	578.95	583.00	571.00	0.591 times
14 Thu Mar 2024	576.30	564.55	583.25	561.35	0.7 times
13 Wed Mar 2024	561.70	598.75	598.75	554.50	2.015 times
12 Tue Mar 2024	589.90	609.95	612.80	586.25	1.076 times
11 Mon Mar 2024	606.75	610.00	612.45	601.95	1.003 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 577.6 as stoploss in an intra day buy trade for a target of 603.12. However, stock will show a bearish move below 577.6.

Share price targets for Wheels India (WHEELS)

Target Type	Value
Downside Target	554.50
Downside Target	584.20
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	567.95
Downside Intraday Target	546.35
Upside Intraday Target	605
Upside Intraday Target	620.45
Downside Intraday Target	583.4

Weekly technical analysis of Wheels India (WHEELS)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	589.55	577.00	598.85	561.80	0.914 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
22 Fri Mar 2024	589.55	625.50	648.40	554.50	0.314 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 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 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 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 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 579.12 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.