(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 2022-05-04 View latest technical analysis
10 day averaged volume of Welcorp is 92499
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed May 2022 | 199.25 | 203.95 | 207.85 | 198.00 | 0.147 times |
| 02 Mon May 2022 | 198.80 | 204.55 | 204.55 | 195.80 | 0.402 times |
| 29 Fri Apr 2022 | 204.55 | 209.45 | 211.50 | 203.30 | 0.309 times |
| 28 Thu Apr 2022 | 209.45 | 207.60 | 210.85 | 204.60 | 0.843 times |
| 27 Wed Apr 2022 | 206.90 | 208.80 | 213.00 | 182.00 | 1.419 times |
| 26 Tue Apr 2022 | 214.00 | 211.00 | 215.75 | 207.00 | 0.99 times |
| 25 Mon Apr 2022 | 209.55 | 210.00 | 213.00 | 205.00 | 1.313 times |
| 22 Fri Apr 2022 | 214.40 | 218.00 | 222.00 | 212.20 | 1.415 times |
| 21 Thu Apr 2022 | 216.15 | 202.00 | 220.50 | 202.00 | 1.165 times |
| 20 Wed Apr 2022 | 203.25 | 201.05 | 206.85 | 200.00 | 0.589 times |
My analysis of stock is bearish for shortterm, and stock might move down till 194.9 or till 185. Use a stoploss of 203.24 and if the stock hits stoploss, then it can shoot up till 211.55
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 | 207.10 |
| Upside Target | 207.85 |
| 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 | 194.08 |
| Downside Intraday Target | 188.92 |
| Upside Intraday Target | 206.13 |
| Upside Intraday Target | 213.02 |
| Upside Intraday Target | 200.97 |
Weekly technical analysis of Welcorp (Welcorp)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed May 2022 | 199.25 | 204.55 | 207.85 | 195.80 | 0.113 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 |
| 04 Wed May 2022 | 199.25 | 204.55 | 207.85 | 195.80 | 0.013 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 | 22, 31, 17 | Sell |
| MACD | 17, 20 | Sell |
| Stochastics | 47 | None |
| CCI | -76 | Buy |
| RSI | 54 | Buy |
| OBV | 1816900 | Sell |
| VWAP | 210 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
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 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 Weak and stock is losing 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Welcorp in short term but BUY 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 210.02 and Welcorp (Welcorp) stock is trading below this level. This means that stock is falling with high volumes. 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 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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