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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 2022-05-13 View latest technical analysis

10 day averaged volume of Welcorp is 45372

Date Daily Closing Price Open High Low Volume
13 Fri May 2022 177.75 173.00 180.70 170.85 1.838 times
12 Thu May 2022 167.50 165.90 173.35 160.00 1.135 times
11 Wed May 2022 168.60 173.10 176.00 161.00 1.089 times
10 Tue May 2022 173.65 189.05 191.80 170.85 0.962 times
09 Mon May 2022 187.75 198.95 198.95 186.75 0.735 times
06 Fri May 2022 198.30 198.90 200.50 186.25 2.331 times
05 Thu May 2022 199.05 205.00 205.00 196.25 0.281 times
04 Wed May 2022 199.25 203.95 207.85 198.00 0.299 times
02 Mon May 2022 198.80 204.55 204.55 195.80 0.819 times
29 Fri Apr 2022 204.55 209.45 211.50 203.30 0.63 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 183.6, but if it comes above 183.6, then a intra day buy could be more profitable.
If you take a sell trade below 183.6, then use 183.6 as stoploss and 165.5 as target. However if you take a buy trade in stock , then use 183.6 as stoploss and 198.68 as target.

Share price targets for Welcorp (Welcorp)

Target Type Value
Downside Target 135.55
Downside Target 160.00
Downside Target 163.50
Downside 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 158.85
Downside Intraday Target 139.95
Upside Intraday Target 197.8
Upside Intraday Target 217.85
Upside Intraday Target 178.9

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
13 Fri May 2022 177.75 198.95 198.95 160.00 1.544 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Welcorp (Welcorp)

Date Monthly Closing Price Open High Low Volume
13 Fri May 2022 177.75 204.55 207.85 160.00 0.11 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 15, 35, 39 Sell
MACD -1, 6Sell
Stochastics 21Sell
CCI -64Buy
RSI 54Buy
OBV -187120Sell
VWAP 185Sell
ADL 0Sell
ROC -15Sell
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 losing momentum.

MACD generated a SELL signal for Welcorp in short term and the sell signal is strong.

Welcorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Welcorp in short term but BUY signal is weak.

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

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 185.28 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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Daily chart

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