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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 2024-04-12 View latest technical analysis

10 day averaged volume of Wheels India is 83090

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	587.55	601.95	604.80	585.85	0.741 times
10 Wed Apr 2024	599.85	604.90	607.70	597.05	0.59 times
09 Tue Apr 2024	602.50	608.80	617.00	599.05	0.795 times
08 Mon Apr 2024	604.80	607.00	622.05	601.95	0.868 times
05 Fri Apr 2024	604.70	601.10	609.90	597.15	0.493 times
04 Thu Apr 2024	603.55	604.15	610.00	599.45	0.915 times
03 Wed Apr 2024	604.10	593.40	610.00	591.20	0.842 times
02 Tue Apr 2024	593.60	604.80	608.45	591.80	1.022 times
01 Mon Apr 2024	604.30	602.95	614.10	599.45	1.087 times
28 Thu Mar 2024	597.95	587.00	603.85	587.00	0.906 times

My analysis of stock is bearish for shortterm, and stock might move down till 574.9 or till 558.7. Use a stoploss of 588.42 and if the stock hits stoploss, then it can shoot up till 601.93

Share price targets for Wheels India (WHEELS)

Target Type	Value
Downside Target	554.50
Downside Target	584.20
Upside Target	614.10
Upside Target	622.05
Upside Target	648.40
Upside Target	648.80
Upside Target	656.50
Upside Target	699.00
Upside Target	732.00
Upside Target	764.95

Intraday share price targets for Wheels India (WHEELS)

Target Type	Value
Downside Intraday Target	574.92
Downside Intraday Target	562.28
Upside Intraday Target	611.12
Upside Intraday Target	634.68
Upside Intraday Target	598.48

Weekly technical analysis of Wheels India (WHEELS)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	587.55	607.00	622.05	585.85	0.687 times
05 Fri Apr 2024	604.70	602.95	614.10	591.20	1.056 times
28 Thu Mar 2024	597.95	589.55	605.10	570.00	1.387 times
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

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
12 Fri Apr 2024	587.55	602.95	622.05	585.85	0.554 times
28 Thu Mar 2024	597.95	625.50	648.40	554.50	0.455 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Wheels India ( (WHEELS) ) based on a short 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.

Price action analysis of Wheels India ( (WHEELS) ) 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 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.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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

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 600.26 and Wheels India (WHEELS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 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.