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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 2022-05-23 View latest technical analysis

10 day averaged volume of Welcorp is 202632

Date Daily Closing Price Open High Low Volume
23 Mon May 2022 223.70 247.70 250.00 220.20 2.829 times
20 Fri May 2022 245.00 209.60 250.50 209.60 6.733 times
19 Thu May 2022 208.75 193.50 209.90 193.50 0.675 times
18 Wed May 2022 200.45 192.00 205.60 189.35 0.824 times
17 Tue May 2022 192.35 187.00 192.90 184.00 0.178 times
16 Mon May 2022 185.70 178.00 187.50 178.00 0.3 times
13 Fri May 2022 177.75 173.00 180.70 170.85 0.412 times
12 Thu May 2022 167.50 165.90 173.35 160.00 0.254 times
11 Wed May 2022 168.60 173.10 176.00 161.00 0.244 times
10 Tue May 2022 173.65 189.05 191.80 170.85 0.215 times

Stock of Welcorp (Welcorp) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 216.9, but if it comes below 216.9, then a intra day sell could be more profitable.
If you take a sell trade below 216.9, then use 216.9 as stoploss and 198.55 as target. However if you take a buy trade in stock , then use 216.9 as stoploss and 238.9 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
Downside Target 178.00
Downside Target 182.00
Downside Target 186.25
Downside Target 193.90
Downside Target 207.85
Downside Target 215.75
Downside Target 220.20
Downside Target 222.00
Upside Target 250.00
Upside Target 250.50

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 212.6
Downside Intraday Target 201.5
Upside Intraday Target 242.4
Upside Intraday Target 261.1
Upside Intraday Target 231.3

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
23 Mon May 2022 223.70 247.70 250.00 220.20 0.325 times
20 Fri May 2022 245.00 178.00 250.50 178.00 6.754 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

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
23 Mon May 2022 223.70 204.55 250.50 160.00 0.705 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 39, 14, 48 Buy
MACD 14, 8Buy
Stochastics 87Buy
CCI 132Sell
RSI 59Buy
OBV 712453Sell
VWAP 227Sell
ADL 0Sell
ROC 19Buy
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 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 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 Strong 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 tired and bears are picking up momentum.

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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 226.84 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 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

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Daily charts

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