(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, -6 | Sell |
| Stochastics | 35 | None |
| CCI | -126 | Sell |
| RSI | 43 | Sell |
| OBV | -95263 | Sell |
| VWAP | 217 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
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 further forecast and predictions for tomorrow