(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 2022-06-10 View latest technical analysis
10 day averaged volume of Welcorp is 124661
|Date||Daily Closing Price||Open||High||Low||Volume|
|10 Fri Jun 2022||235.55||233.90||237.85||231.20||1.079 times|
|09 Thu Jun 2022||235.55||231.15||236.75||230.30||0.635 times|
|08 Wed Jun 2022||237.20||234.35||239.10||227.45||1.35 times|
|07 Tue Jun 2022||235.35||234.00||239.70||229.90||1.406 times|
|06 Mon Jun 2022||233.25||227.50||234.85||223.75||0.72 times|
|03 Fri Jun 2022||224.35||237.00||237.00||222.60||1.13 times|
|02 Thu Jun 2022||233.50||232.50||235.50||225.65||0.739 times|
|01 Wed Jun 2022||229.90||227.50||234.70||226.10||1.178 times|
|31 Tue May 2022||226.55||218.70||229.90||214.05||1.255 times|
|30 Mon May 2022||219.75||211.00||222.05||205.00||0.828 times|
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 236.2 as stoploss in an intra day sell trade for a target of 219.13. However, stock will show a bullish move above 236.2.
Share price targets for Welcorp (Welcorp)
Intraday share price targets for Welcorp (Welcorp)
|Downside Intraday Target||226.3|
|Downside Intraday Target||217.05|
|Upside Intraday Target||242.25|
|Upside Intraday Target||248.95|
|Downside Intraday Target||233|
Weekly technical analysis of Welcorp (Welcorp)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|10 Fri Jun 2022||235.55||227.50||239.70||223.75||1.011 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|
|10 Fri Jun 2022||235.55||227.50||239.70||222.60||0.276 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||26, 15, 27||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 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 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.
Welcorp Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 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 231.2 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.