(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)
Intraday share price targets for Welcorp (Welcorp)
|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|
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.