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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 2022-05-18 View latest technical analysis

10 day averaged volume of Welcorp is 49026

Date Daily Closing Price Open High Low Volume
18 Wed May 2022 200.45 192.00 205.60 189.35 3.407 times
17 Tue May 2022 192.35 187.00 192.90 184.00 0.736 times
16 Mon May 2022 185.70 178.00 187.50 178.00 1.24 times
13 Fri May 2022 177.75 173.00 180.70 170.85 1.701 times
12 Thu May 2022 167.50 165.90 173.35 160.00 1.05 times
11 Wed May 2022 168.60 173.10 176.00 161.00 1.008 times
10 Tue May 2022 173.65 189.05 191.80 170.85 0.891 times
09 Mon May 2022 187.75 198.95 198.95 186.75 0.68 times
06 Fri May 2022 198.30 198.90 200.50 186.25 2.157 times
05 Thu May 2022 199.05 205.00 205.00 196.25 0.26 times

Stock of Welcorp (Welcorp) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, and stock might move up till 211.1 or till 228.7. Use a stoploss of 196.37 and if this stock hits its stoploss, then it can fall down till 181.69

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
Downside Target 186.25
Downside Target 193.90
Upside Target 205.60
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 183.77
Downside Intraday Target 167.08
Upside Intraday Target 211.37
Upside Intraday Target 222.28
Downside Intraday Target 194.68

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
18 Wed May 2022 200.45 178.00 205.60 178.00 1.01 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
18 Wed May 2022 200.45 204.55 207.85 160.00 0.177 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 30, 26, 7 Buy
MACD 2, 3Sell
Stochastics 70Buy
CCI 90Buy
RSI 56Buy
OBV -196953Sell
VWAP 188Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Welcorp ( (Welcorp) ) based on a short 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.

Price action analysis of Welcorp ( (Welcorp) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Welcorp in short term but the sell signal is initial and weak.

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

Welcorp Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 moving up

CCI has generated a buy signal for Welcorp in short term and BUY signal is strong.

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

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

People seem to be coming out and selling the Welcorp (Welcorp) stock. Volume based technical analysis of Welcorp (Welcorp) stock is negative.

Welcorp Stock is giving positive 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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