(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 136086
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Aug 2022 | 205.30 | 207.30 | 212.00 | 205.00 | 0.761 times |
| 08 Mon Aug 2022 | 211.60 | 204.50 | 213.95 | 202.50 | 0.704 times |
| 05 Fri Aug 2022 | 206.35 | 210.75 | 210.75 | 202.75 | 2.439 times |
| 04 Thu Aug 2022 | 221.10 | 225.05 | 230.65 | 218.05 | 0.464 times |
| 03 Wed Aug 2022 | 223.90 | 225.35 | 228.10 | 221.30 | 0.547 times |
| 02 Tue Aug 2022 | 226.75 | 230.10 | 234.15 | 225.35 | 0.873 times |
| 01 Mon Aug 2022 | 234.15 | 227.95 | 236.20 | 227.00 | 1.176 times |
| 30 Sat Jul 2022 | 225.85 | 212.05 | 227.80 | 212.05 | 1.824 times |
| 28 Thu Jul 2022 | 213.10 | 208.70 | 220.05 | 207.60 | 1.362 times |
| 27 Wed Jul 2022 | 210.35 | 210.45 | 212.20 | 208.80 | 0.338 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 207.3, but if it comes above 207.3, then a intra day buy could be more profitable.
If you take a sell trade below 207.3, then use 207.3 as stoploss and 198.4 as target. However if you take a buy trade in stock , then use 207.3 as stoploss and 214.8 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 |
| Upside Target | 213.95 |
| 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 | 200.55 |
| Downside Intraday Target | 195.8 |
| Upside Intraday Target | 212 |
| Upside Intraday Target | 218.7 |
| Upside Intraday Target | 207.25 |
Weekly technical analysis of Welcorp (Welcorp)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Aug 2022 | 205.30 | 204.50 | 213.95 | 202.50 | 0.266 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 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 |
| 10 Wed Aug 2022 | 205.30 | 227.95 | 236.20 | 202.50 | 0.578 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 | 18, 24, 16 | Sell |
| MACD | 1, 3 | Sell |
| Stochastics | 15 | Sell |
| CCI | -83 | Sell |
| RSI | 54 | Buy |
| OBV | -312383 | Sell |
| VWAP | 217 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Welcorp in short term but the sell signal is initial and weak.
Welcorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying is losing 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 217.41 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.
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