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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)

Showing technical analysis as on 2021-12-01 View latest technical analysis

10 day averaged volume of Welcorp is 906903

Date Daily Closing Price Open High Low Volume
01 Wed Dec 2021 166.20 166.50 169.00 156.15 0.546 times
30 Tue Nov 2021 165.50 171.00 174.65 162.00 0.546 times
29 Mon Nov 2021 170.75 170.10 175.45 164.35 0.939 times
26 Fri Nov 2021 169.90 164.00 173.85 159.80 1.026 times
25 Thu Nov 2021 167.85 153.15 169.80 153.15 1.394 times
24 Wed Nov 2021 153.35 151.00 157.45 150.70 0.369 times
23 Tue Nov 2021 150.00 145.20 153.70 144.90 0.258 times
22 Mon Nov 2021 147.75 155.00 155.55 143.40 0.543 times
18 Thu Nov 2021 155.00 160.20 162.30 153.75 1.316 times
17 Wed Nov 2021 159.50 144.90 163.40 143.55 3.227 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 162.7, but if it comes below 162.7, then a intra day sell could be more profitable.
If you take a sell trade below 162.7, then use 162.7 as stoploss and 148.16 as target. However if you take a buy trade in stock , then use 162.7 as stoploss and 180 as target.

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 140.15
Downside Target 149.25
Downside Target 153.60
Downside Target 156.15
Downside Target 163.40
Upside Target 169.00
Upside Target 173.85
Upside Target 175.45

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 156.42
Downside Intraday Target 146.63
Upside Intraday Target 175.72
Upside Intraday Target 185.23
Downside Intraday Target 165.93

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
01 Wed Dec 2021 166.20 170.10 175.45 156.15 0.566 times
26 Fri Nov 2021 169.90 155.00 173.85 143.40 0.71 times
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

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
01 Wed Dec 2021 166.20 166.50 169.00 156.15 0.047 times
30 Tue Nov 2021 165.50 135.30 175.45 127.10 1.69 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

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 26, 15, 26 Buy
MACD 15, 12Buy
Stochastics 77Buy
CCI 39Sell
RSI 53Buy
OBV 5814063Sell
VWAP 162Buy
ADL 0Sell
ROC 15Buy
Force Index 0Sell

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 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 losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Welcorp in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 161.74 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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