(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 2022-05-10 View latest technical analysis
10 day averaged volume of Welcorp is 65345
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Tue May 2022 | 173.65 | 189.05 | 191.80 | 170.85 | 0.668 times |
| 09 Mon May 2022 | 187.75 | 198.95 | 198.95 | 186.75 | 0.51 times |
| 06 Fri May 2022 | 198.30 | 198.90 | 200.50 | 186.25 | 1.619 times |
| 05 Thu May 2022 | 199.05 | 205.00 | 205.00 | 196.25 | 0.195 times |
| 04 Wed May 2022 | 199.25 | 203.95 | 207.85 | 198.00 | 0.208 times |
| 02 Mon May 2022 | 198.80 | 204.55 | 204.55 | 195.80 | 0.569 times |
| 29 Fri Apr 2022 | 204.55 | 209.45 | 211.50 | 203.30 | 0.438 times |
| 28 Thu Apr 2022 | 209.45 | 207.60 | 210.85 | 204.60 | 1.193 times |
| 27 Wed Apr 2022 | 206.90 | 208.80 | 213.00 | 182.00 | 2.009 times |
| 26 Tue Apr 2022 | 214.00 | 211.00 | 215.75 | 207.00 | 1.402 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 180.5, for a target of 192.5 or 202.4
Share price targets for Welcorp (Welcorp)
| Target Type | Value |
| Downside Target | 135.55 |
| Downside Target | 163.50 |
| Downside Target | 167.55 |
| Upside Target | 182.00 |
| Upside 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 | 163.35 |
| Downside Intraday Target | 153.05 |
| Upside Intraday Target | 191.45 |
| Upside Intraday Target | 209.25 |
| Upside Intraday Target | 181.15 |
Weekly technical analysis of Welcorp (Welcorp)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Tue May 2022 | 173.65 | 198.95 | 198.95 | 170.85 | 0.455 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 |
| 10 Tue May 2022 | 173.65 | 204.55 | 207.85 | 170.85 | 0.063 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 | 13, 39, 50 | Sell |
| MACD | 7, 14 | Sell |
| Stochastics | 21 | Sell |
| CCI | -207 | Sell |
| RSI | 49 | Sell |
| OBV | -73462 | Sell |
| VWAP | 202 | Sell |
| ADL | 0 | Sell |
| ROC | -17 | Sell |
| Force Index | 0 | 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 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 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 gaining momentum.
MACD generated a SELL signal for Welcorp in short term but the sell signal is initial and weak.
Welcorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 202.17 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.
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