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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 2022-05-04 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, 20Sell
Stochastics 47None
CCI -76Buy
RSI 54Buy
OBV 1816900Sell
VWAP 210Sell
ADL 0Sell
ROC -1Sell
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 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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Daily charts

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