(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 2022-06-01 View latest technical analysis
10 day averaged volume of Welcorp is 320991
|Date||Daily Closing Price||Open||High||Low||Volume|
|01 Wed Jun 2022||229.90||227.50||234.70||226.10||0.457 times|
|31 Tue May 2022||226.55||218.70||229.90||214.05||0.487 times|
|30 Mon May 2022||219.75||211.00||222.05||205.00||0.322 times|
|27 Fri May 2022||206.00||203.50||211.90||201.00||0.295 times|
|26 Thu May 2022||200.30||198.70||204.70||186.60||0.694 times|
|25 Wed May 2022||194.70||217.00||217.45||192.45||0.587 times|
|24 Tue May 2022||214.75||226.55||228.20||211.40||0.632 times|
|23 Mon May 2022||223.70||247.70||250.00||220.20||1.786 times|
|20 Fri May 2022||245.00||209.60||250.50||209.60||4.251 times|
|19 Thu May 2022||208.75||193.50||209.90||193.50||0.426 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 221.7, but if it comes below 221.7, then a intra day sell could be more profitable.
If you take a sell trade below 221.7, then use 221.7 as stoploss and 201.04 as target. However if you take a buy trade in stock , then use 221.7 as stoploss and 246.6 as target.
Share price targets for Welcorp (Welcorp)
Intraday share price targets for Welcorp (Welcorp)
|Downside Intraday Target||211.7|
|Downside Intraday Target||193.5|
|Upside Intraday Target||241.4|
|Upside Intraday Target||252.9|
|Downside Intraday Target||223.2|
Weekly technical analysis of Welcorp (Welcorp)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|01 Wed Jun 2022||229.90||211.00||234.70||205.00||0.317 times|
|27 Fri May 2022||206.00||247.70||250.00||186.60||0.726 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||1.67 times|
|06 Fri May 2022||198.30||204.55||207.85||186.25||0.347 times|
Price has moved up 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|
|01 Wed Jun 2022||229.90||227.50||234.70||226.10||0.039 times|
|31 Tue May 2022||226.55||204.55||250.50||160.00||0.949 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|
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, 19, 29||Buy|
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 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 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 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 228.02 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.