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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)

10 day averaged volume of Welcorp is 50189

Date Daily Closing Price Open High Low Volume
07 Wed Dec 2022 245.30 247.50 249.60 243.55 0.502 times
06 Tue Dec 2022 247.50 254.00 254.35 246.55 0.639 times
05 Mon Dec 2022 253.85 252.75 255.75 244.75 1.174 times
02 Fri Dec 2022 249.40 244.50 250.95 243.00 1.283 times
01 Thu Dec 2022 245.00 250.05 251.30 243.10 0.962 times
30 Wed Nov 2022 250.50 243.60 251.90 243.60 0.852 times
29 Tue Nov 2022 244.45 247.55 251.95 241.25 1.763 times
28 Mon Nov 2022 246.80 239.95 248.35 237.85 1.873 times
25 Fri Nov 2022 238.60 230.70 240.15 230.70 0.362 times
24 Thu Nov 2022 231.25 231.10 237.50 230.70 0.752 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 246.9 as stoploss in an intra day sell trade for a target of 239.05. However, stock will show a bullish move above 246.9.

Share price targets for Welcorp (Welcorp)

Target Type Value
Downside Target 202.50
Downside Target 214.25
Downside Target 222.10
Downside Target 237.70
Downside Target 243.55
Downside Target 243.75
Upside Target 251.95
Upside Target 255.75
Upside Target 278.95
Upside Target 298.35

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 240.65
Downside Intraday Target 236
Upside Intraday Target 252.85
Upside Intraday Target 260.4
Upside Intraday Target 248.2

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
07 Wed Dec 2022 245.30 252.75 255.75 243.55 0.344 times
02 Fri Dec 2022 249.40 239.95 251.95 237.85 1.885 times
25 Fri Nov 2022 238.60 233.45 240.15 229.05 0.411 times
18 Fri Nov 2022 238.35 232.90 243.75 222.10 1.709 times
11 Fri Nov 2022 230.00 225.65 237.70 224.30 0.8 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
07 Wed Dec 2022 245.30 250.05 255.75 243.00 0.164 times
30 Wed Nov 2022 250.50 222.25 251.95 217.10 0.985 times
31 Mon Oct 2022 222.25 258.05 278.95 214.25 0.251 times
30 Fri Sep 2022 265.05 224.60 298.35 224.60 2.33 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 19, 11, 24 Buy
MACD 5, 4Buy
Stochastics 73Buy
CCI 19Sell
RSI 54Buy
OBV 496719Sell
VWAP 246Sell
ADL 0Sell
ROC 5Buy
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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.

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 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 246.2 and Welcorp (Welcorp) stock is trading below this level. This means that stock is falling with high volumes. 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

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Daily charts

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Daily chart

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