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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 109440

Date Daily Closing Price Open High Low Volume
04 Mon Jul 2022 213.00 214.05 217.00 212.00 1.211 times
01 Fri Jul 2022 214.75 216.90 221.50 213.05 0.654 times
30 Thu Jun 2022 217.75 223.70 227.00 216.30 0.663 times
29 Wed Jun 2022 222.80 224.85 228.80 221.40 0.764 times
28 Tue Jun 2022 227.45 218.90 228.80 216.25 1.202 times
27 Mon Jun 2022 223.00 223.00 224.70 216.35 0.862 times
24 Fri Jun 2022 213.05 201.60 215.00 200.55 0.729 times
23 Thu Jun 2022 198.65 199.00 206.00 197.45 0.897 times
22 Wed Jun 2022 198.55 198.95 202.00 194.25 1.422 times
21 Tue Jun 2022 199.80 190.00 204.60 190.00 1.503 times

My analysis of stock is bearish for shortterm, and stock might move down till 202.8 or till 186.5. Use a stoploss of 216.28 and if the stock hits stoploss, then it can shoot up till 229.81

Share price targets for Welcorp (Welcorp)

Target Type Value
Downside Target 135.55
Downside Target 160.00
Downside Target 167.55
Downside Target 183.40
Downside Target 196.50
Downside Target 212.00
Upside Target 221.50
Upside Target 223.75
Upside Target 228.80
Upside Target 233.50
Upside Target 239.70
Upside Target 250.50

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 211
Downside Intraday Target 209
Upside Intraday Target 216
Upside Intraday Target 219
Upside Intraday Target 214

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
04 Mon Jul 2022 213.00 214.05 217.00 212.00 0.292 times
01 Fri Jul 2022 214.75 223.00 228.80 213.05 0.708 times
24 Fri Jun 2022 213.05 206.60 215.00 183.40 1.206 times
17 Fri Jun 2022 208.65 226.00 233.50 196.50 0.822 times
10 Fri Jun 2022 235.55 227.50 239.70 223.75 1.011 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 Welcorp (Welcorp)

Date Monthly Closing Price Open High Low Volume
04 Mon Jul 2022 213.00 216.90 221.50 212.00 0.079 times
30 Thu Jun 2022 217.75 227.50 239.70 183.40 0.691 times
31 Tue May 2022 226.55 204.55 250.50 160.00 0.952 times
29 Fri Apr 2022 204.55 167.55 222.00 167.55 1.353 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 Welcorp (Welcorp)

Indicator Name Indicator Value Indicator Signal
ADX 18, 22, 8 Sell
MACD 4, 5Sell
Stochastics 68None
CCI 10Sell
RSI 50Sell
OBV 153772Sell
VWAP 211Buy
ADL 0Sell
ROC 11Buy
Force Index 0Sell

Price action analysis of Welcorp ( (Welcorp) ) 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 Welcorp ( (Welcorp) ) 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 Welcorp ( (Welcorp) ) 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 Welcorp ( (Welcorp) ) based on a mid to longer term time period is

ADX buy sell signal for Welcorp stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Welcorp in short term but the sell signal is initial and weak.

Welcorp 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Welcorp in short term but SELL signal is weak.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Welcorp is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 211.44 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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Daily chart

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