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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 2022-05-25 View latest technical analysis

10 day averaged volume of Welcorp is 272539

Date Daily Closing Price Open High Low Volume
25 Wed May 2022 194.70 217.00 217.45 192.45 0.692 times
24 Tue May 2022 214.75 226.55 228.20 211.40 0.744 times
23 Mon May 2022 223.70 247.70 250.00 220.20 2.103 times
20 Fri May 2022 245.00 209.60 250.50 209.60 5.006 times
19 Thu May 2022 208.75 193.50 209.90 193.50 0.502 times
18 Wed May 2022 200.45 192.00 205.60 189.35 0.613 times
17 Tue May 2022 192.35 187.00 192.90 184.00 0.132 times
16 Mon May 2022 185.70 178.00 187.50 178.00 0.223 times
13 Fri May 2022 177.75 173.00 180.70 170.85 0.306 times
12 Thu May 2022 167.50 165.90 173.35 160.00 0.189 times

My analysis of stock is bearish for shortterm, and stock might move down till 179.7 or till 157.8. Use a stoploss of 197.85 and if the stock hits stoploss, then it can shoot up till 216.05

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 192.45
Upside 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 174.77
Downside Intraday Target 154.83
Upside Intraday Target 232.32
Upside Intraday Target 269.93
Upside Intraday Target 212.38

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
25 Wed May 2022 194.70 247.70 250.00 192.45 0.547 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
25 Wed May 2022 194.70 204.55 250.50 160.00 0.805 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, 8 Buy
MACD 12, 10Buy
Stochastics 56None
CCI 4Sell
RSI 54Buy
OBV 573409Sell
VWAP 226Sell
ADL 0Sell
ROC 15Buy
Force Index 0Sell

Price action analysis of Welcorp ( (Welcorp) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is losing momentum.

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

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. 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 225.68 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 negative.

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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