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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 2022-06-07 View latest technical analysis

10 day averaged volume of Welcorp is 143806

Date Daily Closing Price Open High Low Volume
07 Tue Jun 2022 235.35 234.00 239.70 229.90 1.219 times
06 Mon Jun 2022 233.25 227.50 234.85 223.75 0.624 times
03 Fri Jun 2022 224.35 237.00 237.00 222.60 0.98 times
02 Thu Jun 2022 233.50 232.50 235.50 225.65 0.64 times
01 Wed Jun 2022 229.90 227.50 234.70 226.10 1.021 times
31 Tue May 2022 226.55 218.70 229.90 214.05 1.088 times
30 Mon May 2022 219.75 211.00 222.05 205.00 0.718 times
27 Fri May 2022 206.00 203.50 211.90 201.00 0.659 times
26 Thu May 2022 200.30 198.70 204.70 186.60 1.549 times
25 Wed May 2022 194.70 217.00 217.45 192.45 1.311 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 231.8, but if it comes below 231.8, then a intra day sell could be more profitable.
If you take a sell trade below 231.8, then use 231.8 as stoploss and 209.41 as target. However if you take a buy trade in stock , then use 231.8 as stoploss and 258.7 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 186.60
Downside Target 193.90
Downside Target 198.95
Downside Target 205.00
Downside Target 222.00
Upside Target 237.00
Upside Target 239.70
Upside Target 250.00
Upside Target 250.50

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 226.17
Downside Intraday Target 216.98
Upside Intraday Target 242.12
Upside Intraday Target 248.88
Downside Intraday Target 232.93

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
07 Tue Jun 2022 235.35 227.50 239.70 223.75 0.414 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
07 Tue Jun 2022 235.35 227.50 239.70 222.60 0.173 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 30, 16, 31 Buy
MACD 20, 17Buy
Stochastics 81Buy
CCI 85Buy
RSI 47Sell
OBV 1679365Sell
VWAP 218Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

Price action analysis of Welcorp ( (Welcorp) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 and selling is picking up 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 218.37 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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