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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 2022-06-01 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)

Target Type Value
Downside Target 135.55
Downside Target 160.00
Downside Target 167.55
Downside Target 178.00
Downside Target 186.25
Downside Target 193.90
Downside Target 198.95
Downside Target 205.00
Downside Target 222.00
Upside Target 234.70
Upside Target 250.00
Upside Target 250.50

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
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
MACD 16, 13Buy
Stochastics 61None
CCI 82Buy
RSI 50Buy
OBV 1300469Sell
VWAP 228Buy
ADL 0Sell
ROC 15Buy
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 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.

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Daily charts

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Daily chart

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