(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 2022-05-05 View latest technical analysis
10 day averaged volume of Welcorp is 79474
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu May 2022 | 199.05 | 205.00 | 205.00 | 196.25 | 0.16 times |
| 04 Wed May 2022 | 199.25 | 203.95 | 207.85 | 198.00 | 0.171 times |
| 02 Mon May 2022 | 198.80 | 204.55 | 204.55 | 195.80 | 0.468 times |
| 29 Fri Apr 2022 | 204.55 | 209.45 | 211.50 | 203.30 | 0.36 times |
| 28 Thu Apr 2022 | 209.45 | 207.60 | 210.85 | 204.60 | 0.981 times |
| 27 Wed Apr 2022 | 206.90 | 208.80 | 213.00 | 182.00 | 1.652 times |
| 26 Tue Apr 2022 | 214.00 | 211.00 | 215.75 | 207.00 | 1.153 times |
| 25 Mon Apr 2022 | 209.55 | 210.00 | 213.00 | 205.00 | 1.528 times |
| 22 Fri Apr 2022 | 214.40 | 218.00 | 222.00 | 212.20 | 1.647 times |
| 21 Thu Apr 2022 | 216.15 | 202.00 | 220.50 | 202.00 | 1.356 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 196.4 as stoploss in an intra day buy trade for a target of 203.86. However, stock will show a bearish move below 196.4.
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 | 193.95 |
| Downside Intraday Target | 188.85 |
| Upside Intraday Target | 206 |
| Upside Intraday Target | 212.95 |
| Upside Intraday Target | 200.9 |
Weekly technical analysis of Welcorp (Welcorp)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu May 2022 | 199.05 | 204.55 | 207.85 | 195.80 | 0.141 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 |
| 05 Thu May 2022 | 199.05 | 204.55 | 207.85 | 195.80 | 0.016 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 | 20, 30, 20 | Sell |
| MACD | 15, 19 | Sell |
| Stochastics | 43 | None |
| CCI | -88 | Sell |
| RSI | 56 | Buy |
| OBV | 1233144 | Sell |
| VWAP | 210 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Welcorp ( (Welcorp) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 to mid 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 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 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 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 and the buying is gaining 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 210.32 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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