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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 2022-05-06 View latest technical analysis

10 day averaged volume of Welcorp is 75296

Date Daily Closing Price Open High Low Volume
06 Fri May 2022 198.30 198.90 200.50 186.25 1.405 times
05 Thu May 2022 199.05 205.00 205.00 196.25 0.169 times
04 Wed May 2022 199.25 203.95 207.85 198.00 0.18 times
02 Mon May 2022 198.80 204.55 204.55 195.80 0.494 times
29 Fri Apr 2022 204.55 209.45 211.50 203.30 0.38 times
28 Thu Apr 2022 209.45 207.60 210.85 204.60 1.035 times
27 Wed Apr 2022 206.90 208.80 213.00 182.00 1.743 times
26 Tue Apr 2022 214.00 211.00 215.75 207.00 1.217 times
25 Mon Apr 2022 209.55 210.00 213.00 205.00 1.613 times
22 Fri Apr 2022 214.40 218.00 222.00 212.20 1.738 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 197.9 as stoploss in an intra day buy trade for a target of 204.42. However, stock will show a bearish move below 197.9.

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 186.25
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 187.08
Downside Intraday Target 175.87
Upside Intraday Target 208.68
Upside Intraday Target 219.07
Downside Intraday Target 197.47

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
06 Fri May 2022 198.30 204.55 207.85 186.25 0.375 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
06 Fri May 2022 198.30 204.55 207.85 186.25 0.043 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 18, 35, 33 Sell
MACD 14, 18Sell
Stochastics 42None
CCI -120Sell
RSI 58Buy
OBV 900334Sell
VWAP 208Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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 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 to mid 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 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Welcorp is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 207.79 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.

Click here for Welcorp charts

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Daily charts

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