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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 2022-06-08 View latest technical analysis

10 day averaged volume of Welcorp is 141050

Date Daily Closing Price Open High Low Volume
08 Wed Jun 2022 237.20 234.35 239.10 227.45 1.193 times
07 Tue Jun 2022 235.35 234.00 239.70 229.90 1.242 times
06 Mon Jun 2022 233.25 227.50 234.85 223.75 0.636 times
03 Fri Jun 2022 224.35 237.00 237.00 222.60 0.999 times
02 Thu Jun 2022 233.50 232.50 235.50 225.65 0.653 times
01 Wed Jun 2022 229.90 227.50 234.70 226.10 1.041 times
31 Tue May 2022 226.55 218.70 229.90 214.05 1.109 times
30 Mon May 2022 219.75 211.00 222.05 205.00 0.732 times
27 Fri May 2022 206.00 203.50 211.90 201.00 0.672 times
26 Thu May 2022 200.30 198.70 204.70 186.60 1.579 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 233.9, but if it comes below 233.9, then a intra day sell could be more profitable.
If you take a sell trade below 233.9, then use 233.9 as stoploss and 212.84 as target. However if you take a buy trade in stock , then use 233.9 as stoploss and 259.3 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
Downside 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 227.4
Downside Intraday Target 217.6
Upside Intraday Target 243.35
Upside Intraday Target 249.5
Downside Intraday Target 233.55

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
08 Wed Jun 2022 237.20 227.50 239.70 223.75 0.677 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
08 Wed Jun 2022 237.20 227.50 239.70 222.60 0.218 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 27, 16, 26 Buy
MACD 21, 18Buy
Stochastics 93Buy
CCI 75Sell
RSI 45Sell
OBV 1891290Sell
VWAP 224Buy
ADL 0Sell
ROC 22Buy
Force Index 0Sell

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 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 losing 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 SELL signal for Welcorp in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 223.86 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.

Click here for Welcorp charts

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Daily charts

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