(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 57718
|Date||Daily Closing Price||Open||High||Low||Volume|
|03 Fri Feb 2023||191.25||209.05||214.50||182.60||5.766 times|
|02 Thu Feb 2023||208.70||206.65||219.95||202.70||1.391 times|
|01 Wed Feb 2023||205.55||215.00||216.80||201.90||0.762 times|
|31 Tue Jan 2023||210.75||204.65||211.80||200.10||0.789 times|
|30 Mon Jan 2023||204.20||205.85||212.10||201.10||0.903 times|
|27 Fri Jan 2023||207.00||222.80||223.55||206.00||3.518 times|
|25 Wed Jan 2023||220.55||228.65||228.65||219.80||0.327 times|
|24 Tue Jan 2023||225.30||229.00||234.00||224.45||0.954 times|
|23 Mon Jan 2023||225.20||226.60||228.30||224.95||0.171 times|
|20 Fri Jan 2023||226.60||225.75||229.95||223.60||0.67 times|
Stock of Welcorp (Welcorp) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 196.2, for a target of 206.8 or 215.57
Share price targets for Welcorp (Welcorp)
Intraday share price targets for Welcorp (Welcorp)
|Downside Intraday Target||175.92|
|Downside Intraday Target||160.58|
|Upside Intraday Target||213.27|
|Upside Intraday Target||235.28|
|Upside Intraday Target||197.93|
Weekly technical analysis of Welcorp (Welcorp)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|03 Fri Feb 2023||191.25||205.85||219.95||182.60||1.934 times|
|27 Fri Jan 2023||207.00||226.60||234.00||206.00||1.372 times|
|20 Fri Jan 2023||226.60||220.15||229.95||211.30||1.498 times|
|13 Fri Jan 2023||215.75||220.40||226.10||212.55||0.658 times|
|06 Fri Jan 2023||218.75||234.65||242.60||217.60||0.675 times|
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Welcorp (Welcorp)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|03 Fri Feb 2023||191.25||215.00||219.95||182.60||0.484 times|
|31 Tue Jan 2023||210.75||234.65||242.60||200.10||0.662 times|
|30 Fri Dec 2022||236.95||250.05||255.75||201.65||1.024 times|
|30 Wed Nov 2022||250.50||222.25||251.95||217.10||0.985 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||13, 31, 40||Sell|
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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Welcorp in short term and the sell signal is strong.
Welcorp 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 Welcorp in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 203.66 and Welcorp (Welcorp) 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 Welcorp (Welcorp) stock. Volume based technical analysis of Welcorp (Welcorp) stock is negative.
Welcorp 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.