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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 330247

Date Daily Closing Price Open High Low Volume
27 Tue Sep 2022 275.40 269.75 278.25 257.00 0.88 times
26 Mon Sep 2022 266.15 275.25 279.40 262.85 0.737 times
23 Fri Sep 2022 280.70 295.00 296.00 278.35 0.417 times
22 Thu Sep 2022 292.55 283.00 298.35 281.30 0.702 times
21 Wed Sep 2022 283.20 272.10 286.40 269.00 1.196 times
20 Tue Sep 2022 273.05 269.40 281.40 268.35 1.48 times
19 Mon Sep 2022 266.75 252.30 271.95 251.00 2.901 times
16 Fri Sep 2022 247.50 259.05 265.20 244.25 0.85 times
15 Thu Sep 2022 263.80 248.65 267.50 243.10 1.134 times
14 Wed Sep 2022 243.45 244.80 247.55 240.10 0.396 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 274.4, but if it comes below 274.4, then a intra day sell could be more profitable.
If you take a sell trade below 274.4, then use 274.4 as stoploss and 257.11 as target. However if you take a buy trade in stock , then use 274.4 as stoploss and 295.2 as target.

Share price targets for Welcorp (Welcorp)

Target Type Value
Downside Target 160.00
Downside Target 183.40
Downside Target 202.50
Downside Target 221.80
Downside Target 239.70
Downside Target 250.50
Downside Target 251.00
Downside Target 257.00
Downside Target 260.45
Downside Target 267.50
Upside Target 279.40
Upside Target 298.35

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 261.8
Downside Intraday Target 248.2
Upside Intraday Target 284.2
Upside Intraday Target 293
Downside Intraday Target 270.6

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
27 Tue Sep 2022 275.40 275.25 279.40 257.00 0.242 times
23 Fri Sep 2022 280.70 252.30 298.35 251.00 2.297 times
16 Fri Sep 2022 247.50 249.80 267.50 240.10 0.816 times
09 Fri Sep 2022 246.10 243.80 260.45 242.25 2.245 times
02 Fri Sep 2022 241.60 223.90 243.20 221.80 0.754 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
27 Tue Sep 2022 275.40 224.60 298.35 224.60 2.172 times
30 Tue Aug 2022 226.40 227.95 241.85 202.50 1.476 times
29 Fri Jul 2022 225.85 216.90 228.00 205.55 0.635 times
30 Thu Jun 2022 217.75 227.50 239.70 183.40 0.693 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Welcorp (Welcorp)

Indicator Name Indicator Value Indicator Signal
ADX 25, 18, 17 Buy
MACD 24, 22Buy
Stochastics 58None
CCI 9Buy
RSI 57Buy
OBV 2788813Sell
VWAP 270Buy
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

MACD generated a BUY signal for Welcorp in short term and the buy signal is strong.

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 green color and prices are above the green 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 but buying 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 269.66 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

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Daily charts

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Daily chart

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