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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 2022-05-16 View latest technical analysis

10 day averaged volume of Welcorp is 45916

Date Daily Closing Price Open High Low Volume
16 Mon May 2022 185.70 178.00 187.50 178.00 1.324 times
13 Fri May 2022 177.75 173.00 180.70 170.85 1.816 times
12 Thu May 2022 167.50 165.90 173.35 160.00 1.121 times
11 Wed May 2022 168.60 173.10 176.00 161.00 1.077 times
10 Tue May 2022 173.65 189.05 191.80 170.85 0.951 times
09 Mon May 2022 187.75 198.95 198.95 186.75 0.726 times
06 Fri May 2022 198.30 198.90 200.50 186.25 2.304 times
05 Thu May 2022 199.05 205.00 205.00 196.25 0.277 times
04 Wed May 2022 199.25 203.95 207.85 198.00 0.295 times
02 Mon May 2022 198.80 204.55 204.55 195.80 0.81 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 182.4 as stoploss in an intra day buy trade for a target of 197.39. However, stock will show a bearish move below 182.4.

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
Downside Target 178.00
Downside Target 182.00
Upside Target 186.25
Upside Target 193.90
Upside Target 198.95
Upside Target 207.85
Upside Target 215.75
Upside Target 222.00

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 179.97
Downside Intraday Target 174.23
Upside Intraday Target 189.47
Upside Intraday Target 193.23
Downside Intraday Target 183.73

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
16 Mon May 2022 185.70 178.00 187.50 178.00 0.233 times
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

Price has moved up 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
16 Mon May 2022 185.70 204.55 207.85 160.00 0.125 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 19, 32, 24 Sell
MACD -1, 5Sell
Stochastics 34None
CCI -15Buy
RSI 55Buy
OBV -272235Sell
VWAP 184Buy
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Welcorp ( (Welcorp) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 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 184.21 and Welcorp (Welcorp) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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