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(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, -3Buy
Stochastics 70Buy
CCI 205Buy
RSI 53Buy
OBV 578783Sell
VWAP 236Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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.

Click here for Welcorp charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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