(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 2021-11-18 View latest technical analysis
10 day averaged volume of Welcorp is 456399
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Nov 2021 | 155.00 | 160.20 | 162.30 | 153.75 | 2.614 times |
| 17 Wed Nov 2021 | 159.50 | 144.90 | 163.40 | 143.55 | 6.412 times |
| 16 Tue Nov 2021 | 144.80 | 143.00 | 148.60 | 140.15 | 0.759 times |
| 15 Mon Nov 2021 | 141.30 | 147.90 | 147.90 | 140.80 | 0.266 times |
| 12 Fri Nov 2021 | 147.90 | 142.70 | 149.55 | 141.05 | 0.877 times |
| 11 Thu Nov 2021 | 139.80 | 133.30 | 140.75 | 133.30 | 0.641 times |
| 10 Wed Nov 2021 | 133.30 | 133.00 | 137.50 | 131.10 | 0.378 times |
| 09 Tue Nov 2021 | 132.65 | 128.00 | 133.30 | 128.00 | 0.324 times |
| 08 Mon Nov 2021 | 128.55 | 131.65 | 131.70 | 128.10 | 0.106 times |
| 04 Thu Nov 2021 | 130.60 | 130.00 | 130.85 | 128.85 | 0.05 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 bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 155.7, for a target of 145.2 or 136.5
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 |
| Downside Target | 149.25 |
| Downside Target | 149.55 |
| Downside Target | 153.60 |
| Upside Target | 160.65 |
| Upside Target | 163.40 |
Intraday share price targets for Welcorp (Welcorp)
| Target Type | Value |
| Downside Intraday Target | 142.3 |
| Downside Intraday Target | 129.6 |
| Upside Intraday Target | 165.55 |
| Upside Intraday Target | 176.1 |
| Downside Intraday Target | 152.85 |
Weekly technical analysis of Welcorp (Welcorp)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Nov 2021 | 155.00 | 147.90 | 163.40 | 140.15 | 4.321 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 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 |
| 18 Thu Nov 2021 | 155.00 | 135.30 | 163.40 | 127.10 | 0.951 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 | 35, 8, 62 | Buy |
| MACD | 7, 4 | Buy |
| Stochastics | 81 | Buy |
| CCI | 128 | Buy |
| RSI | 59 | Buy |
| OBV | 2449038 | Sell |
| VWAP | 154 | Buy |
| ADL | 0 | Sell |
| ROC | 21 | 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 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 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 coming down
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 153.55 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.
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