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(WelcureDrug) Welcure Drug complete technical analysis [charts+indicators] | Buy/Sell Welcure Drug | (WelcureDrug) share price targets

Complete technical analysis of Welcure Drug (WelcureDrug) by charts plus indicators, forecast predictions and share price targets for Welcure Drug (WelcureDrug)

Showing technical analysis as on 2023-03-20 View latest technical analysis

10 day averaged volume of Welcure Drug is 31564

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	4.02	4.00	4.23	3.81	0.898 times
17 Fri Mar 2023	4.05	4.21	4.28	3.89	0.77 times
16 Thu Mar 2023	4.05	4.13	4.43	3.86	0.775 times
15 Wed Mar 2023	4.25	4.05	4.30	4.05	0.366 times
14 Tue Mar 2023	4.03	4.15	4.15	3.81	1.442 times
13 Mon Mar 2023	4.12	4.32	4.32	4.07	1.21 times
10 Fri Mar 2023	4.24	4.23	4.45	4.20	0.868 times
09 Thu Mar 2023	4.26	4.48	4.48	4.20	1.01 times
08 Wed Mar 2023	4.40	4.45	4.45	4.20	0.468 times
06 Mon Mar 2023	4.36	4.50	4.59	4.32	0.889 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4.1, but if it comes above 4.1, then a intra day buy could be more profitable.
If you take a sell trade below 4.1, then use 4.1 as stoploss and 3.9 as target. However if you take a buy trade in stock , then use 4.1 as stoploss and 4.24 as target.

Share price targets for Welcure Drug (WelcureDrug)

Target Type	Value
Downside Target	3.81
Upside Target	4.20
Upside Target	4.37
Upside Target	4.52
Upside Target	4.67
Upside Target	4.83
Upside Target	4.90
Upside Target	5.31
Upside Target	5.74
Upside Target	6.42
Upside Target	9.25

Intraday share price targets for Welcure Drug (WelcureDrug)

Target Type	Value
Downside Intraday Target	3.81
Downside Intraday Target	3.6
Upside Intraday Target	4.23
Upside Intraday Target	4.44
Upside Intraday Target	4.02

Weekly technical analysis of Welcure Drug (WelcureDrug)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	4.02	4.00	4.23	3.81	0.197 times
17 Fri Mar 2023	4.05	4.32	4.43	3.81	1.411 times
10 Fri Mar 2023	4.24	4.50	4.59	4.20	0.495 times
03 Fri Mar 2023	4.37	4.08	4.67	3.81	1.053 times
24 Fri Feb 2023	4.10	4.80	4.90	3.81	1.267 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 Welcure Drug (WelcureDrug)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	4.02	4.26	4.67	3.81	0.376 times
28 Tue Feb 2023	4.17	4.99	5.31	3.81	0.753 times
31 Tue Jan 2023	4.82	5.70	5.74	4.52	0.244 times
30 Fri Dec 2022	5.58	4.60	6.42	4.37	0.745 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 Welcure Drug (WelcureDrug)

Price action analysis of Welcure Drug ( (WelcureDrug) ) 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 Welcure Drug ( (WelcureDrug) ) 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 Welcure Drug ( (WelcureDrug) ) 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 Welcure Drug ( (WelcureDrug) ) 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 Welcure Drug stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Welcure Drug 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.

Welcure Drug 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 coming down

CCI has generated a SELL signal for Welcure Drug in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Welcure Drug is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4.16 and Welcure Drug (WelcureDrug) 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 Welcure Drug (WelcureDrug) stock. Volume based technical analysis of Welcure Drug (WelcureDrug) stock is negative.

Welcure Drug 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.