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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 2022-05-05 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, 19Sell
Stochastics 43None
CCI -88Sell
RSI 56Buy
OBV 1233144Sell
VWAP 210Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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.

Click here for Welcorp charts

Click here for further forecast and predictions for tomorrow

Daily charts

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