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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 125250

Date Daily Closing Price Open High Low Volume
18 Thu Aug 2022 226.30 224.55 234.00 224.55 0.954 times
17 Wed Aug 2022 227.40 227.25 229.80 222.00 0.793 times
16 Tue Aug 2022 227.15 211.20 228.20 211.15 1.444 times
12 Fri Aug 2022 211.70 208.00 214.35 207.10 1.072 times
11 Thu Aug 2022 208.25 205.10 209.00 205.10 0.402 times
10 Wed Aug 2022 205.30 207.30 212.00 205.00 0.827 times
08 Mon Aug 2022 211.60 204.50 213.95 202.50 0.765 times
05 Fri Aug 2022 206.35 210.75 210.75 202.75 2.65 times
04 Thu Aug 2022 221.10 225.05 230.65 218.05 0.505 times
03 Wed Aug 2022 223.90 225.35 228.10 221.30 0.594 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 225.2, but if it comes below 225.2, then a intra day sell could be more profitable.
If you take a sell trade below 225.2, then use 225.2 as stoploss and 216.57 as target. However if you take a buy trade in stock , then use 225.2 as stoploss and 235.6 as target.

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
Downside Target 220.10
Upside Target 227.80
Upside Target 228.00
Upside Target 234.00
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 213.63
Downside Intraday Target 200.97
Upside Intraday Target 236.48
Upside Intraday Target 246.67
Downside Intraday Target 223.82

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
18 Thu Aug 2022 226.30 211.20 234.00 211.15 1.041 times
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

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
18 Thu Aug 2022 226.30 227.95 236.20 202.50 0.934 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 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 32, 15, 37 Buy
MACD 4, 2Buy
Stochastics 76Buy
CCI 94Buy
RSI 55Buy
OBV 83643Sell
VWAP 216Buy
ADL 0Sell
ROC -0Sell
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

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 green color and prices are above the green 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 and the buying is gaining 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 215.67 and Welcorp (Welcorp) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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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