(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 2022-06-06 View latest technical analysis
10 day averaged volume of Welcorp is 192159
|Date||Daily Closing Price||Open||High||Low||Volume|
|06 Mon Jun 2022||233.25||227.50||234.85||223.75||0.467 times|
|03 Fri Jun 2022||224.35||237.00||237.00||222.60||0.733 times|
|02 Thu Jun 2022||233.50||232.50||235.50||225.65||0.479 times|
|01 Wed Jun 2022||229.90||227.50||234.70||226.10||0.764 times|
|31 Tue May 2022||226.55||218.70||229.90||214.05||0.814 times|
|30 Mon May 2022||219.75||211.00||222.05||205.00||0.537 times|
|27 Fri May 2022||206.00||203.50||211.90||201.00||0.493 times|
|26 Thu May 2022||200.30||198.70||204.70||186.60||1.159 times|
|25 Wed May 2022||194.70||217.00||217.45||192.45||0.981 times|
|24 Tue May 2022||214.75||226.55||228.20||211.40||1.055 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 229.2, but if it comes below 229.2, then a intra day sell could be more profitable.
If you take a sell trade below 229.2, then use 229.2 as stoploss and 206.33 as target. However if you take a buy trade in stock , then use 229.2 as stoploss and 256.6 as target.
Share price targets for Welcorp (Welcorp)
Intraday share price targets for Welcorp (Welcorp)
|Downside Intraday Target||226.38|
|Downside Intraday Target||219.52|
|Upside Intraday Target||237.48|
|Upside Intraday Target||241.72|
|Downside Intraday Target||230.62|
Weekly technical analysis of Welcorp (Welcorp)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|06 Mon Jun 2022||233.25||227.50||234.85||223.75||0.14 times|
|03 Fri Jun 2022||224.35||211.00||237.00||205.00||0.499 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|
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|
|06 Mon Jun 2022||233.25||227.50||237.00||222.60||0.126 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||28, 17, 25||Buy|
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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal in short term but selling 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 215.79 and Welcorp (Welcorp) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.