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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 2024-12-23 View latest technical analysis

10 day averaged volume of Wheels India is 15846

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	692.55	701.50	715.95	691.00	0.815 times
20 Fri Dec 2024	710.40	722.30	732.30	705.90	1.209 times
19 Thu Dec 2024	728.00	720.00	731.40	707.55	0.737 times
18 Wed Dec 2024	724.40	734.40	736.30	722.80	0.468 times
17 Tue Dec 2024	735.50	749.50	751.50	733.50	0.482 times
16 Mon Dec 2024	749.55	740.05	757.00	740.05	0.654 times
13 Fri Dec 2024	741.00	745.05	749.00	732.05	0.928 times
12 Thu Dec 2024	746.60	752.65	764.65	745.00	0.62 times
11 Wed Dec 2024	758.30	760.00	768.00	751.60	0.754 times
10 Tue Dec 2024	759.45	758.00	765.00	750.10	1.187 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 692.1, for a target of 713.8 or 731.81

Share price targets for Wheels India (WHEELS)

Target Type	Value
Downside Target	666.00
Downside Target	690.60
Upside Target	705.90
Upside Target	757.00
Upside Target	757.85
Upside Target	764.40
Upside Target	776.00
Upside Target	800.00
Upside Target	835.00
Upside Target	907.00

Intraday share price targets for Wheels India (WHEELS)

Target Type	Value
Downside Intraday Target	683.72
Downside Intraday Target	674.88
Upside Intraday Target	708.67
Upside Intraday Target	724.78
Upside Intraday Target	699.83

Weekly technical analysis of Wheels India (WHEELS)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	692.55	701.50	715.95	691.00	0.23 times
20 Fri Dec 2024	710.40	740.05	757.00	705.90	0.55 times
13 Fri Dec 2024	741.00	754.75	776.00	732.05	0.808 times
06 Fri Dec 2024	747.30	721.65	757.85	712.50	1.554 times
29 Fri Nov 2024	721.65	706.60	730.00	690.60	0.76 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
23 Mon Dec 2024	692.55	721.65	776.00	691.00	0.676 times
29 Fri Nov 2024	721.65	692.90	730.00	666.00	0.492 times
31 Thu Oct 2024	686.30	767.95	800.00	675.15	1.419 times
30 Mon Sep 2024	764.35	810.60	835.00	728.60	0.53 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Wheels India stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Wheels India in short term and SELL signal is strong!

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 734.32 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.