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(GLFL_BE) Gujarat Lease complete technical analysis [charts+indicators] | Buy/Sell Gujarat Lease | (GLFL_BE) share price targets

Complete technical analysis of Gujarat Lease (GLFL_BE) by charts plus indicators, forecast predictions and share price targets for Gujarat Lease (GLFL_BE)

Showing technical analysis as on 2024-05-16 View latest technical analysis

10 day averaged volume of Gujarat Lease is 4834

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	8.45	8.45	8.45	7.65	8.687 times
15 Wed May 2024	8.05	7.70	8.05	7.70	2.079 times
14 Tue May 2024	7.70	7.50	7.90	7.25	2.735 times
13 Mon May 2024	7.55	7.75	7.75	7.40	1.021 times
10 Fri May 2024	7.75	7.80	7.80	7.75	0.279 times
09 Thu May 2024	7.90	8.00	8.00	7.90	0.546 times
08 Wed May 2024	8.05	8.05	8.05	8.05	0.34 times
07 Tue May 2024	8.20	8.20	8.20	8.20	0.35 times
06 Mon May 2024	8.35	8.40	8.40	8.35	0.033 times
03 Fri May 2024	8.50	8.50	8.50	8.50	0.403 times

Stock of Gujarat Lease (GLFL_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 8 or till 7.3. Use a stoploss of 8.53 and if the stock hits stoploss, then it can shoot up till 9.1

Share price targets for Gujarat Lease (GLFL_BE)

Target Type	Value
Downside Target	7.05
Downside Target	7.25
Downside Target	7.55
Downside Target	7.75
Downside Target	8.00
Downside Target	8.20
Downside Target	8.40
Upside Target	8.85
Upside Target	9.40
Upside Target	10.10
Upside Target	10.70
Upside Target	10.90
Upside Target	11.70

Intraday share price targets for Gujarat Lease (GLFL_BE)

Target Type	Value
Downside Intraday Target	7.65
Downside Intraday Target	6.85
Upside Intraday Target	8.85
Upside Intraday Target	9.25
Downside Intraday Target	8.05

Weekly technical analysis of Gujarat Lease (GLFL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	8.45	7.75	8.45	7.25	9.381 times
10 Fri May 2024	7.75	8.40	8.40	7.75	0.531 times
03 Fri May 2024	8.50	8.85	8.85	8.50	0.766 times
26 Fri Apr 2024	8.85	9.40	9.40	8.85	2.296 times
19 Fri Apr 2024	9.40	10.10	10.10	9.40	0.313 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 Gujarat Lease (GLFL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu May 2024	8.45	8.65	8.65	7.25	0.822 times
30 Tue Apr 2024	8.65	8.75	10.90	8.00	0.866 times
28 Thu Mar 2024	8.35	10.90	11.70	8.20	0.32 times
29 Thu Feb 2024	10.70	7.85	10.70	7.55	0.843 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 Gujarat Lease (GLFL_BE)

Price action analysis of Gujarat Lease ( (GLFL_BE) ) 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 Gujarat Lease ( (GLFL_BE) ) 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 Gujarat Lease ( (GLFL_BE) ) 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 Gujarat Lease ( (GLFL_BE) ) 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 Gujarat Lease stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Gujarat Lease in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Gujarat Lease 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 moving up

CCI has generated a buy signal for Gujarat Lease in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 Gujarat Lease is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.18 and Gujarat Lease (GLFL_BE) 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 Gujarat Lease (GLFL_BE) stock. Volume based technical analysis of Gujarat Lease (GLFL_BE) stock is negative.

Gujarat Lease 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.