Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-05-09 View latest technical analysis

10 day averaged volume of Welcorp is 75100

Date Daily Closing Price Open High Low Volume
09 Mon May 2022 187.75 198.95 198.95 186.75 0.444 times
06 Fri May 2022 198.30 198.90 200.50 186.25 1.408 times
05 Thu May 2022 199.05 205.00 205.00 196.25 0.17 times
04 Wed May 2022 199.25 203.95 207.85 198.00 0.181 times
02 Mon May 2022 198.80 204.55 204.55 195.80 0.495 times
29 Fri Apr 2022 204.55 209.45 211.50 203.30 0.381 times
28 Thu Apr 2022 209.45 207.60 210.85 204.60 1.038 times
27 Wed Apr 2022 206.90 208.80 213.00 182.00 1.748 times
26 Tue Apr 2022 214.00 211.00 215.75 207.00 1.22 times
25 Mon Apr 2022 209.55 210.00 213.00 205.00 1.617 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 187.5, for a target of 196.4 or 203.83

Share price targets for Welcorp (Welcorp)

Target Type Value
Downside Target 135.55
Downside Target 163.50
Downside Target 167.55
Downside Target 182.00
Downside Target 186.25
Upside Target 193.90
Upside Target 198.95
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 183.35
Downside Intraday Target 178.95
Upside Intraday Target 195.55
Upside Intraday Target 203.35
Upside Intraday Target 191.15

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
09 Mon May 2022 187.75 198.95 198.95 186.75 0.197 times
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

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
09 Mon May 2022 187.75 204.55 207.85 186.25 0.052 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 16, 31, 33 Sell
MACD 11, 16Sell
Stochastics 33None
CCI -143Sell
RSI 54Buy
OBV 650437Sell
VWAP 205Sell
ADL 0Sell
ROC -12Sell
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 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 to mid 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 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 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 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 205.45 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme