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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 143170

Date Daily Closing Price Open High Low Volume
12 Fri Aug 2022 211.70 208.00 214.35 207.10 0.937 times
11 Thu Aug 2022 208.25 205.10 209.00 205.10 0.352 times
10 Wed Aug 2022 205.30 207.30 212.00 205.00 0.723 times
08 Mon Aug 2022 211.60 204.50 213.95 202.50 0.669 times
05 Fri Aug 2022 206.35 210.75 210.75 202.75 2.318 times
04 Thu Aug 2022 221.10 225.05 230.65 218.05 0.441 times
03 Wed Aug 2022 223.90 225.35 228.10 221.30 0.52 times
02 Tue Aug 2022 226.75 230.10 234.15 225.35 0.83 times
01 Mon Aug 2022 234.15 227.95 236.20 227.00 1.118 times
30 Sat Jul 2022 225.85 212.05 227.80 212.05 1.734 times

My analysis of stock is bearish for shortterm, and stock might move down till 207 or till 197.9. Use a stoploss of 214.57 and if the stock hits stoploss, then it can shoot up till 222.15

Share price targets for Welcorp (Welcorp)

Target Type Value
Downside Target 160.00
Downside Target 167.55
Downside Target 183.40
Downside Target 202.50
Upside Target 214.35
Upside Target 220.10
Upside Target 226.00
Upside Target 227.80
Upside Target 228.00
Upside Target 236.20
Upside Target 239.70
Upside Target 250.50

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 204.68
Downside Intraday Target 197.67
Upside Intraday Target 216.53
Upside Intraday Target 221.37
Downside Intraday Target 209.52

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
12 Fri Aug 2022 211.70 204.50 214.35 202.50 0.513 times
05 Fri Aug 2022 206.35 227.95 236.20 202.75 1.34 times
30 Sat Jul 2022 225.85 214.90 227.80 205.55 1.48 times
22 Fri Jul 2022 209.90 210.05 220.10 207.25 1.928 times
14 Thu Jul 2022 209.55 217.25 226.00 206.50 0.449 times

Price has moved up 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
12 Fri Aug 2022 211.70 227.95 236.20 202.50 0.691 times
30 Sat 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 0.691 times
31 Tue May 2022 226.55 204.55 250.50 160.00 0.952 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 21, 21, 0 Sell
MACD -1, 1Sell
Stochastics 18Sell
CCI -47Buy
RSI 52Buy
OBV -109210Sell
VWAP 217Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Welcorp ( (Welcorp) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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

ADX buy sell signal for Welcorp stock for short term is SELL. Signal strength is Weak and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 217.33 and Welcorp (Welcorp) stock is trading below this level. This means that stock is falling with high volumes. 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 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.

Click here for Welcorp charts

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Daily charts

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Daily chart

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