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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 2022-06-16 View latest technical analysis

10 day averaged volume of Welcorp is 115609

Date Daily Closing Price Open High Low Volume
16 Thu Jun 2022 200.20 218.00 218.55 198.90 1.092 times
15 Wed Jun 2022 213.65 220.00 223.40 212.30 0.417 times
14 Tue Jun 2022 219.95 219.00 224.90 216.40 0.709 times
13 Mon Jun 2022 219.55 226.00 233.50 217.50 1.265 times
10 Fri Jun 2022 235.55 233.90 237.85 231.20 1.163 times
09 Thu Jun 2022 235.55 231.15 236.75 230.30 0.684 times
08 Wed Jun 2022 237.20 234.35 239.10 227.45 1.455 times
07 Tue Jun 2022 235.35 234.00 239.70 229.90 1.516 times
06 Mon Jun 2022 233.25 227.50 234.85 223.75 0.776 times
03 Fri Jun 2022 224.35 237.00 237.00 222.60 1.219 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 208.8, but if it comes above 208.8, then a intra day buy could be more profitable.
If you take a sell trade below 208.8, then use 208.8 as stoploss and 192.4 as target. However if you take a buy trade in stock , then use 208.8 as stoploss and 222.44 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 198.90
Upside Target 205.00
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 188.23
Downside Intraday Target 176.27
Upside Intraday Target 222.83
Upside Intraday Target 245.47
Upside Intraday Target 210.87

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
16 Thu Jun 2022 200.20 226.00 233.50 198.90 0.622 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
16 Thu Jun 2022 200.20 227.50 239.70 198.90 0.384 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 16, 30, 30 Sell
MACD 10, 15Sell
Stochastics 8Sell
CCI -174Sell
RSI 41Sell
OBV 1327154Sell
VWAP 227Sell
ADL 0Sell
ROC -14Sell
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 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 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 Strong 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 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 226.58 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

Click here for further forecast and predictions for tomorrow

Daily charts

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