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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 2024-05-23 View latest technical analysis

10 day averaged volume of Gujarat Lease is 10906

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu May 2024	8.90	8.90	8.90	8.90	0.328 times
22 Wed May 2024	9.05	9.05	9.05	9.05	0.097 times
21 Tue May 2024	9.20	9.25	9.70	8.80	1.369 times
18 Sat May 2024	9.25	9.25	9.25	9.25	0.285 times
17 Fri May 2024	8.85	8.45	8.85	8.45	1.447 times
16 Thu May 2024	8.45	8.45	8.45	7.65	3.851 times
15 Wed May 2024	8.05	7.70	8.05	7.70	0.921 times
14 Tue May 2024	7.70	7.50	7.90	7.25	1.212 times
13 Mon May 2024	7.55	7.75	7.75	7.40	0.453 times
10 Fri May 2024	7.75	7.80	7.80	7.75	0.124 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 9 as stoploss in an intra day sell trade for a target of 8.48. However, stock will show a bullish move above 9.

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
Downside Target	8.80
Upside Target	9.25
Upside Target	9.70
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	8.57
Downside Intraday Target	8.23
Upside Intraday Target	9.47
Upside Intraday Target	10.03
Upside Intraday Target	9.13

Weekly technical analysis of Gujarat Lease (GLFL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu May 2024	8.90	9.25	9.70	8.80	0.22 times
18 Sat May 2024	9.25	7.75	9.25	7.25	11.905 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

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 Gujarat Lease (GLFL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Thu May 2024	8.90	8.65	9.70	7.25	1.172 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 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 Gujarat Lease (GLFL_BE)

Price action analysis of Gujarat Lease ( (GLFL_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Gujarat Lease ( (GLFL_BE) ) based on a short 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 Gujarat Lease ( (GLFL_BE) ) 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Gujarat Lease 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.

Gujarat Lease Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Gujarat Lease in short term but SELL signal is weak.

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

Stock of Gujarat Lease is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.48 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 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.