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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 2022-05-02 View latest technical analysis

10 day averaged volume of Welcorp is 116161

Date Daily Closing Price Open High Low Volume
02 Mon May 2022 198.80 204.55 204.55 195.80 0.32 times
29 Fri Apr 2022 204.55 209.45 211.50 203.30 0.246 times
28 Thu Apr 2022 209.45 207.60 210.85 204.60 0.671 times
27 Wed Apr 2022 206.90 208.80 213.00 182.00 1.13 times
26 Tue Apr 2022 214.00 211.00 215.75 207.00 0.789 times
25 Mon Apr 2022 209.55 210.00 213.00 205.00 1.045 times
22 Fri Apr 2022 214.40 218.00 222.00 212.20 1.127 times
21 Thu Apr 2022 216.15 202.00 220.50 202.00 0.927 times
20 Wed Apr 2022 203.25 201.05 206.85 200.00 0.469 times
19 Tue Apr 2022 202.00 212.00 214.70 195.70 1.238 times

My analysis of stock is bearish for shortterm, and stock might move down till 193.2 or till 182.1. Use a stoploss of 202.49 and if the stock hits stoploss, then it can shoot up till 211.75

Share price targets for Welcorp (Welcorp)

Target Type Value
Downside Target 135.55
Downside Target 163.50
Downside Target 167.55
Downside Target 178.85
Downside Target 189.80
Downside Target 193.90
Upside Target 204.55
Upside Target 207.10
Upside Target 214.00
Upside Target 215.75
Upside Target 222.00

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 194.88
Downside Intraday Target 190.97
Upside Intraday Target 203.63
Upside Intraday Target 208.47
Upside Intraday Target 199.72

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
02 Mon May 2022 198.80 204.55 204.55 195.80 0.082 times
29 Fri Apr 2022 204.55 210.00 215.75 182.00 0.634 times
22 Fri Apr 2022 214.40 212.00 222.00 195.70 1.092 times
13 Wed Apr 2022 211.50 195.70 214.00 189.80 0.422 times
08 Fri Apr 2022 196.05 183.95 207.10 178.85 1.159 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
02 Mon May 2022 198.80 204.55 204.55 195.80 0.009 times
29 Fri Apr 2022 204.55 167.55 222.00 167.55 1.353 times
31 Thu Mar 2022 167.45 145.40 168.90 135.55 1.259 times
28 Mon Feb 2022 141.85 186.45 193.90 135.60 0.522 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 21, 34, 24 Sell
MACD 19, 21Sell
Stochastics 56None
CCI -114Sell
RSI 56Buy
OBV 2010351Sell
VWAP 209Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Welcorp ( (Welcorp) ) based on a short 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 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 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 SELL. Signal strength is Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above 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 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 208.93 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 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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Daily charts

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