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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 2022-06-15 View latest technical analysis

10 day averaged volume of Welcorp is 125479

Date Daily Closing Price Open High Low Volume
15 Wed Jun 2022 213.65 220.00 223.40 212.30 0.384 times
14 Tue Jun 2022 219.95 219.00 224.90 216.40 0.653 times
13 Mon Jun 2022 219.55 226.00 233.50 217.50 1.165 times
10 Fri Jun 2022 235.55 233.90 237.85 231.20 1.072 times
09 Thu Jun 2022 235.55 231.15 236.75 230.30 0.63 times
08 Wed Jun 2022 237.20 234.35 239.10 227.45 1.341 times
07 Tue Jun 2022 235.35 234.00 239.70 229.90 1.397 times
06 Mon Jun 2022 233.25 227.50 234.85 223.75 0.715 times
03 Fri Jun 2022 224.35 237.00 237.00 222.60 1.123 times
02 Thu Jun 2022 233.50 232.50 235.50 225.65 0.734 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 209.8 as stoploss in an intra day buy trade for a target of 222.87. However, stock will show a bearish move below 209.8.

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 212.30
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 206.13
Downside Intraday Target 198.62
Upside Intraday Target 227.33
Upside Intraday Target 241.02
Upside Intraday Target 219.82

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
15 Wed Jun 2022 213.65 226.00 233.50 212.30 0.427 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
15 Wed Jun 2022 213.65 227.50 239.70 212.30 0.35 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 19, 23, 11 Sell
MACD 14, 17Sell
Stochastics 14Sell
CCI -152Sell
RSI 43Sell
OBV 1620409Sell
VWAP 230Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

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 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 230.01 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 Welcorp charts

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Daily charts

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