(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 64372
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu May 2022 | 208.75 | 193.50 | 209.90 | 193.50 | 2.124 times |
| 18 Wed May 2022 | 200.45 | 192.00 | 205.60 | 189.35 | 2.595 times |
| 17 Tue May 2022 | 192.35 | 187.00 | 192.90 | 184.00 | 0.561 times |
| 16 Mon May 2022 | 185.70 | 178.00 | 187.50 | 178.00 | 0.944 times |
| 13 Fri May 2022 | 177.75 | 173.00 | 180.70 | 170.85 | 1.296 times |
| 12 Thu May 2022 | 167.50 | 165.90 | 173.35 | 160.00 | 0.8 times |
| 11 Wed May 2022 | 168.60 | 173.10 | 176.00 | 161.00 | 0.768 times |
| 10 Tue May 2022 | 173.65 | 189.05 | 191.80 | 170.85 | 0.678 times |
| 09 Mon May 2022 | 187.75 | 198.95 | 198.95 | 186.75 | 0.518 times |
| 06 Fri May 2022 | 198.30 | 198.90 | 200.50 | 186.25 | 1.643 times |
Stock of Welcorp (Welcorp) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 211.5 as stoploss in an intra day sell trade for a target of 196.65. However, stock will show a bullish move above 211.5.
Share price targets for Welcorp (Welcorp)
| Target Type | Value |
| Downside Target | 135.55 |
| Downside Target | 160.00 |
| Downside Target | 163.50 |
| Downside Target | 167.55 |
| Downside Target | 178.00 |
| Downside Target | 182.00 |
| Downside Target | 186.25 |
| Downside Target | 193.90 |
| Downside Target | 207.85 |
| Upside Target | 209.90 |
| Upside Target | 215.75 |
| Upside Target | 222.00 |
Intraday share price targets for Welcorp (Welcorp)
| Target Type | Value |
| Downside Intraday Target | 187.87 |
| Downside Intraday Target | 166.98 |
| Upside Intraday Target | 219.77 |
| Upside Intraday Target | 230.78 |
| Downside Intraday Target | 198.88 |
Weekly technical analysis of Welcorp (Welcorp)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu May 2022 | 208.75 | 178.00 | 209.90 | 178.00 | 1.533 times |
| 13 Fri May 2022 | 177.75 | 198.95 | 198.95 | 160.00 | 1.544 times |
| 06 Fri May 2022 | 198.30 | 204.55 | 207.85 | 186.25 | 0.375 times |
| 29 Fri Apr 2022 | 204.55 | 210.00 | 215.75 | 182.00 | 0.634 times |
| 22 Fri Apr 2022 | 214.40 | 212.00 | 222.00 | 195.70 | 1.092 times |
Price has moved up 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 |
| 19 Thu May 2022 | 208.75 | 204.55 | 209.90 | 160.00 | 0.212 times |
| 29 Fri Apr 2022 | 204.55 | 167.55 | 222.00 | 167.55 | 1.353 times |
| 31 Thu Mar 2022 | 167.45 | 145.40 | 168.90 | 135.55 | 1.259 times |
| 28 Mon Feb 2022 | 141.85 | 186.45 | 193.90 | 135.60 | 0.522 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 | 29, 22, 13 | Buy |
| MACD | 5, 4 | Buy |
| Stochastics | 85 | Buy |
| CCI | 120 | Buy |
| RSI | 57 | Buy |
| OBV | 83579 | Sell |
| VWAP | 191 | Buy |
| ADL | 0 | Sell |
| ROC | 5 | 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Welcorp in short term and the buy signal is strong.
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
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 191.28 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 further forecast and predictions for tomorrow