(Welcorp) Welcorp complete technical analysis [charts+indicators] | Buy/Sell Welcorp | (Welcorp) share price targets
Complete technical analysis of Welcorp (Welcorp) by charts plus indicators, forecast predictions and share price targets for Welcorp (Welcorp)
10 day averaged volume of Welcorp is 61547
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 246.80 | 239.95 | 248.35 | 237.85 | 1.527 times |
| 25 Fri Nov 2022 | 238.60 | 230.70 | 240.15 | 230.70 | 0.295 times |
| 24 Thu Nov 2022 | 231.25 | 231.10 | 237.50 | 230.70 | 0.613 times |
| 23 Wed Nov 2022 | 233.35 | 237.60 | 237.60 | 232.55 | 0.277 times |
| 22 Tue Nov 2022 | 235.20 | 230.90 | 236.55 | 230.05 | 0.891 times |
| 21 Mon Nov 2022 | 230.00 | 233.45 | 238.25 | 229.05 | 0.837 times |
| 18 Fri Nov 2022 | 238.35 | 239.90 | 243.75 | 235.55 | 0.945 times |
| 17 Thu Nov 2022 | 236.85 | 227.55 | 239.00 | 226.20 | 2.407 times |
| 16 Wed Nov 2022 | 229.90 | 228.20 | 236.75 | 226.80 | 1.623 times |
| 15 Tue Nov 2022 | 228.95 | 231.85 | 233.05 | 226.50 | 0.595 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 245.7, for a target of 237.4 or 230.49
Share price targets for Welcorp (Welcorp)
| Target Type | Value |
| Downside Target | 202.50 |
| Downside Target | 214.25 |
| Downside Target | 222.10 |
| Downside Target | 234.00 |
| Downside Target | 237.85 |
| Downside Target | 240.15 |
| Downside Target | 241.85 |
| Downside Target | 243.75 |
| Upside Target | 248.35 |
| Upside Target | 278.95 |
| Upside Target | 298.35 |
Intraday share price targets for Welcorp (Welcorp)
| Target Type | Value |
| Downside Intraday Target | 240.32 |
| Downside Intraday Target | 233.83 |
| Upside Intraday Target | 250.82 |
| Upside Intraday Target | 254.83 |
| Downside Intraday Target | 244.33 |
Weekly technical analysis of Welcorp (Welcorp)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 246.80 | 239.95 | 248.35 | 237.85 | 0.524 times |
| 25 Fri Nov 2022 | 238.60 | 233.45 | 240.15 | 229.05 | 0.411 times |
| 18 Fri Nov 2022 | 238.35 | 232.90 | 243.75 | 222.10 | 1.709 times |
| 11 Fri Nov 2022 | 230.00 | 225.65 | 237.70 | 224.30 | 0.8 times |
| 04 Fri Nov 2022 | 227.35 | 222.60 | 234.00 | 217.10 | 1.21 times |
Price has moved up 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 Welcorp (Welcorp)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 246.80 | 222.25 | 248.35 | 217.10 | 0.892 times |
| 31 Mon Oct 2022 | 222.25 | 258.05 | 278.95 | 214.25 | 0.251 times |
| 30 Fri Sep 2022 | 265.05 | 224.60 | 298.35 | 224.60 | 2.33 times |
| 30 Tue Aug 2022 | 226.40 | 227.95 | 241.85 | 202.50 | 1.476 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 Welcorp (Welcorp)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 24, 15, 24 | Buy |
| MACD | -0, -3 | Buy |
| Stochastics | 70 | Buy |
| CCI | 205 | Buy |
| RSI | 53 | Buy |
| OBV | 578783 | Sell |
| VWAP | 236 | Buy |
| ADL | 0 | Sell |
| ROC | 6 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Welcorp ( (Welcorp) ) 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 Welcorp ( (Welcorp) ) 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 Welcorp ( (Welcorp) ) 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 Welcorp ( (Welcorp) ) 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 Welcorp stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Welcorp 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.
Welcorp Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 Welcorp 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
Stock of Welcorp is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 235.81 and Welcorp (Welcorp) 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 Welcorp (Welcorp) stock. Volume based technical analysis of Welcorp (Welcorp) stock is negative.
Welcorp Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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