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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)

Showing technical analysis as on 2021-11-15 View latest technical analysis

10 day averaged volume of Welcorp is 155476

Date Daily Closing Price Open High Low Volume
15 Mon Nov 2021 141.30 147.90 147.90 140.80 0.781 times
12 Fri Nov 2021 147.90 142.70 149.55 141.05 2.575 times
11 Thu Nov 2021 139.80 133.30 140.75 133.30 1.881 times
10 Wed Nov 2021 133.30 133.00 137.50 131.10 1.111 times
09 Tue Nov 2021 132.65 128.00 133.30 128.00 0.952 times
08 Mon Nov 2021 128.55 131.65 131.70 128.10 0.31 times
04 Thu Nov 2021 130.60 130.00 130.85 128.85 0.145 times
03 Wed Nov 2021 128.60 130.00 130.00 127.10 0.551 times
02 Tue Nov 2021 129.95 135.00 135.00 129.30 0.701 times
01 Mon Nov 2021 131.50 135.30 135.30 131.20 0.39 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 140.7, but if it comes below 140.7, then a intra day sell could be more profitable.
If you take a sell trade below 140.7, then use 140.7 as stoploss and 134.76 as target. However if you take a buy trade in stock , then use 140.7 as stoploss and 147.8 as target.

Share price targets for Welcorp (Welcorp)

Target Type Value
Downside Target 106.00
Downside Target 114.35
Downside Target 123.00
Downside Target 127.10
Downside Target 135.30
Upside Target 147.90
Upside Target 149.25
Upside Target 149.55
Upside Target 153.60
Upside Target 160.65

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 138.77
Downside Intraday Target 136.23
Upside Intraday Target 145.87
Upside Intraday Target 150.43
Upside Intraday Target 143.33

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
15 Mon Nov 2021 141.30 147.90 147.90 140.80 0.114 times
12 Fri Nov 2021 147.90 131.65 149.55 128.00 3.822 times
04 Thu Nov 2021 130.60 135.30 135.30 127.10 0.43 times
29 Fri Oct 2021 133.50 138.70 138.70 123.00 0.448 times
22 Fri Oct 2021 136.85 148.60 153.60 127.20 1.108 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
15 Mon Nov 2021 141.30 135.30 149.55 127.10 0.234 times
29 Fri Oct 2021 133.50 143.90 153.60 123.00 1.218 times
30 Thu Sep 2021 144.40 118.50 149.25 114.35 0.779 times
31 Tue Aug 2021 118.95 140.00 141.40 106.00 1.029 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, 14, 36 Buy
MACD 2, 0Buy
Stochastics 84Buy
CCI 123Sell
RSI 54Buy
OBV 1371051Sell
VWAP 138Buy
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 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 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 Strong and stock is losing 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 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 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 138.4 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.

Click here for Welcorp charts

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Daily charts

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