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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 2022-05-19 View latest technical analysis

10 day averaged volume of Welcorp is 64372

Date Daily Closing Price Open High Low Volume
19 Thu May 2022 208.75 193.50 209.90 193.50 2.124 times
18 Wed May 2022 200.45 192.00 205.60 189.35 2.595 times
17 Tue May 2022 192.35 187.00 192.90 184.00 0.561 times
16 Mon May 2022 185.70 178.00 187.50 178.00 0.944 times
13 Fri May 2022 177.75 173.00 180.70 170.85 1.296 times
12 Thu May 2022 167.50 165.90 173.35 160.00 0.8 times
11 Wed May 2022 168.60 173.10 176.00 161.00 0.768 times
10 Tue May 2022 173.65 189.05 191.80 170.85 0.678 times
09 Mon May 2022 187.75 198.95 198.95 186.75 0.518 times
06 Fri May 2022 198.30 198.90 200.50 186.25 1.643 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, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 211.5 as stoploss in an intra day sell trade for a target of 196.65. However, stock will show a bullish move above 211.5.

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
Downside Target 207.85
Upside Target 209.90
Upside Target 215.75
Upside Target 222.00

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 187.87
Downside Intraday Target 166.98
Upside Intraday Target 219.77
Upside Intraday Target 230.78
Downside Intraday Target 198.88

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
19 Thu May 2022 208.75 178.00 209.90 178.00 1.533 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, 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
19 Thu May 2022 208.75 204.55 209.90 160.00 0.212 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 up 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 29, 22, 13 Buy
MACD 5, 4Buy
Stochastics 85Buy
CCI 120Buy
RSI 57Buy
OBV 83579Sell
VWAP 191Buy
ADL 0Sell
ROC 5Buy
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 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 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 gaining momentum.

MACD generated a BUY signal for Welcorp in short term and the buy signal is strong.

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

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 191.28 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.

Click here for Welcorp charts

Click here for further forecast and predictions for tomorrow

Daily charts

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