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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 2022-05-12 View latest technical analysis

10 day averaged volume of Welcorp is 53351

Date Daily Closing Price Open High Low Volume
12 Thu May 2022 167.50 165.90 173.35 160.00 0.965 times
11 Wed May 2022 168.60 173.10 176.00 161.00 0.927 times
10 Tue May 2022 173.65 189.05 191.80 170.85 0.818 times
09 Mon May 2022 187.75 198.95 198.95 186.75 0.625 times
06 Fri May 2022 198.30 198.90 200.50 186.25 1.983 times
05 Thu May 2022 199.05 205.00 205.00 196.25 0.239 times
04 Wed May 2022 199.25 203.95 207.85 198.00 0.254 times
02 Mon May 2022 198.80 204.55 204.55 195.80 0.697 times
29 Fri Apr 2022 204.55 209.45 211.50 203.30 0.536 times
28 Thu Apr 2022 209.45 207.60 210.85 204.60 1.461 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 168.3, for a target of 185.4 or 199.7

Share price targets for Welcorp (Welcorp)

Target Type Value
Downside Target 135.55
Downside Target 160.00
Downside Target 163.50
Upside Target 167.55
Upside Target 182.00
Upside Target 186.25
Upside Target 193.90
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 152.02
Downside Intraday Target 136.53
Upside Intraday Target 190.97
Upside Intraday Target 214.43
Upside Intraday Target 175.48

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
12 Thu May 2022 167.50 198.95 198.95 160.00 1.051 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
12 Thu May 2022 167.50 204.55 207.85 160.00 0.088 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 10, 38, 58 Sell
MACD 0, 9Sell
Stochastics 12Sell
CCI -134Sell
RSI 51Buy
OBV -373904Sell
VWAP 191Sell
ADL 0Sell
ROC -19Sell
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 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 BUY signal in short term and the buying is gaining 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 190.82 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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