(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 2022-06-14 View latest technical analysis
10 day averaged volume of Welcorp is 132933
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Tue Jun 2022 | 219.95 | 219.00 | 224.90 | 216.40 | 0.616 times |
| 13 Mon Jun 2022 | 219.55 | 226.00 | 233.50 | 217.50 | 1.1 times |
| 10 Fri Jun 2022 | 235.55 | 233.90 | 237.85 | 231.20 | 1.012 times |
| 09 Thu Jun 2022 | 235.55 | 231.15 | 236.75 | 230.30 | 0.595 times |
| 08 Wed Jun 2022 | 237.20 | 234.35 | 239.10 | 227.45 | 1.266 times |
| 07 Tue Jun 2022 | 235.35 | 234.00 | 239.70 | 229.90 | 1.318 times |
| 06 Mon Jun 2022 | 233.25 | 227.50 | 234.85 | 223.75 | 0.675 times |
| 03 Fri Jun 2022 | 224.35 | 237.00 | 237.00 | 222.60 | 1.06 times |
| 02 Thu Jun 2022 | 233.50 | 232.50 | 235.50 | 225.65 | 0.693 times |
| 01 Wed Jun 2022 | 229.90 | 227.50 | 234.70 | 226.10 | 1.105 times |
My analysis of stock is bearish for shortterm, and stock might move down till 208.4 or till 191.7. Use a stoploss of 222.21 and if the stock hits stoploss, then it can shoot up till 236.06
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 | 205.00 |
| Downside Target | 216.40 |
| Upside Target | 222.00 |
| Upside Target | 233.50 |
| 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 | 213.07 |
| Downside Intraday Target | 206.18 |
| Upside Intraday Target | 230.17 |
| Upside Intraday Target | 240.38 |
| Upside Intraday Target | 223.28 |
Weekly technical analysis of Welcorp (Welcorp)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Tue Jun 2022 | 219.95 | 226.00 | 233.50 | 216.40 | 0.353 times |
| 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 |
Price has moved down 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 |
| 14 Tue Jun 2022 | 219.95 | 227.50 | 239.70 | 216.40 | 0.337 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 down 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 | 21, 22, 4 | Sell |
| MACD | 16, 18 | Sell |
| Stochastics | 42 | None |
| CCI | -173 | Sell |
| RSI | 42 | Sell |
| OBV | 1704651 | Sell |
| VWAP | 231 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Welcorp ( (Welcorp) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Welcorp ( (Welcorp) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Welcorp in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Welcorp in short term and SELL 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
Although the stock is in the BUY zone, but buying 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 230.63 and Welcorp (Welcorp) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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 further forecast and predictions for tomorrow