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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 2022-05-24 View latest technical analysis

10 day averaged volume of Welcorp is 256625

Date Daily Closing Price Open High Low Volume
24 Tue May 2022 214.75 226.55 228.20 211.40 0.79 times
23 Mon May 2022 223.70 247.70 250.00 220.20 2.234 times
20 Fri May 2022 245.00 209.60 250.50 209.60 5.317 times
19 Thu May 2022 208.75 193.50 209.90 193.50 0.533 times
18 Wed May 2022 200.45 192.00 205.60 189.35 0.651 times
17 Tue May 2022 192.35 187.00 192.90 184.00 0.141 times
16 Mon May 2022 185.70 178.00 187.50 178.00 0.237 times
13 Fri May 2022 177.75 173.00 180.70 170.85 0.325 times
12 Thu May 2022 167.50 165.90 173.35 160.00 0.201 times
11 Wed May 2022 168.60 173.10 176.00 161.00 0.193 times

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 217.3 as stoploss in an intra day sell trade for a target of 198.81. However, stock will show a bullish move above 217.3.

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 215.75
Upside Target 222.00
Upside Target 250.00
Upside Target 250.50

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 200.77
Downside Intraday Target 186.78
Upside Intraday Target 239.37
Upside Intraday Target 263.98
Upside Intraday Target 225.38

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
24 Tue May 2022 214.75 247.70 250.00 211.40 0.44 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
24 Tue May 2022 214.75 204.55 250.50 160.00 0.757 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 35, 17, 34 Buy
MACD 14, 9Buy
Stochastics 75Buy
CCI 69Sell
RSI 58Buy
OBV 640533Sell
VWAP 227Sell
ADL 0Sell
ROC 24Buy
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 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 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 losing 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

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 226.79 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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