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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 33329

Date Daily Closing Price Open High Low Volume
27 Fri Jan 2023 207.00 222.80 223.55 206.00 6.092 times
25 Wed Jan 2023 220.55 228.65 228.65 219.80 0.567 times
24 Tue Jan 2023 225.30 229.00 234.00 224.45 1.652 times
23 Mon Jan 2023 225.20 226.60 228.30 224.95 0.295 times
20 Fri Jan 2023 226.60 225.75 229.95 223.60 1.161 times
19 Thu Jan 2023 226.15 225.30 229.00 222.75 0.889 times
18 Wed Jan 2023 225.25 211.30 227.90 211.30 3.326 times
17 Tue Jan 2023 215.45 216.75 217.50 213.50 0.66 times
16 Mon Jan 2023 215.90 220.15 220.90 215.25 0.238 times
13 Fri Jan 2023 215.75 215.80 217.60 214.40 0.392 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 bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 205.7, for a target of 215 or 222.73

Share price targets for Welcorp (Welcorp)

Target Type Value
Downside Target 201.65
Downside Target 206.00
Upside Target 211.30
Upside Target 224.60
Upside Target 234.00
Upside Target 238.65
Upside Target 242.60
Upside Target 251.95
Upside Target 255.75
Upside Target 278.95
Upside Target 298.35

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 197.33
Downside Intraday Target 187.67
Upside Intraday Target 225.33
Upside Intraday Target 243.67
Upside Intraday Target 215.67

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
27 Fri Jan 2023 207.00 226.60 234.00 206.00 1.372 times
20 Fri Jan 2023 226.60 220.15 229.95 211.30 1.498 times
13 Fri Jan 2023 215.75 220.40 226.10 212.55 0.658 times
06 Fri Jan 2023 218.75 234.65 242.60 217.60 0.675 times
30 Fri Dec 2022 236.95 203.00 238.65 201.65 0.635 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 Fri Jan 2023 207.00 234.65 242.60 206.00 0.593 times
30 Fri Dec 2022 236.95 250.05 255.75 201.65 1.024 times
30 Wed Nov 2022 250.50 222.25 251.95 217.10 0.985 times
31 Mon Oct 2022 222.25 258.05 278.95 214.25 0.251 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 19, 30, 23 Sell
MACD -6, -6Sell
Stochastics 35None
CCI -126Sell
RSI 43Sell
OBV -95263Sell
VWAP 217Sell
ADL 0Sell
ROC -4Sell
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

Price action analysis of Welcorp ( (Welcorp) ) based on a mid to longer 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

ADX buy sell signal for Welcorp stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Welcorp in short term and the sell 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Welcorp in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 217.14 and Welcorp (Welcorp) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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