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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 2024-04-16 View latest technical analysis

10 day averaged volume of Wheels India is 67209

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	582.25	568.90	585.20	566.15	0.415 times
15 Mon Apr 2024	570.10	587.00	587.00	565.60	0.91 times
12 Fri Apr 2024	587.55	601.95	604.80	585.85	0.916 times
10 Wed Apr 2024	599.85	604.90	607.70	597.05	0.73 times
09 Tue Apr 2024	602.50	608.80	617.00	599.05	0.983 times
08 Mon Apr 2024	604.80	607.00	622.05	601.95	1.073 times
05 Fri Apr 2024	604.70	601.10	609.90	597.15	0.61 times
04 Thu Apr 2024	603.55	604.15	610.00	599.45	1.132 times
03 Wed Apr 2024	604.10	593.40	610.00	591.20	1.041 times
02 Tue Apr 2024	593.60	604.80	608.45	591.80	1.263 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 576.6 as stoploss in an intra day buy trade for a target of 589.14. However, stock will show a bearish move below 576.6.

Share price targets for Wheels India (WHEELS)

Target Type	Value
Downside Target	554.50
Upside 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	569.57
Downside Intraday Target	556.88
Upside Intraday Target	590.97
Upside Intraday Target	599.68
Downside Intraday Target	578.28

Weekly technical analysis of Wheels India (WHEELS)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	582.25	587.00	587.00	565.60	0.358 times
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

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
16 Tue Apr 2024	582.25	602.95	622.05	565.60	0.635 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 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 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 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 Strong and stock is losing 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 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 but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 596.1 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.