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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 2022-06-23 View latest technical analysis

10 day averaged volume of Welcorp is 120787

Date Daily Closing Price Open High Low Volume
23 Thu Jun 2022 198.65 199.00 206.00 197.45 0.812 times
22 Wed Jun 2022 198.55 198.95 202.00 194.25 1.288 times
21 Tue Jun 2022 199.80 190.00 204.60 190.00 1.362 times
20 Mon Jun 2022 191.10 206.60 208.00 183.40 1.183 times
17 Fri Jun 2022 208.65 201.35 212.40 196.50 1.067 times
16 Thu Jun 2022 200.20 218.00 218.55 198.90 1.045 times
15 Wed Jun 2022 213.65 220.00 223.40 212.30 0.399 times
14 Tue Jun 2022 219.95 219.00 224.90 216.40 0.678 times
13 Mon Jun 2022 219.55 226.00 233.50 217.50 1.211 times
10 Fri Jun 2022 235.55 233.90 237.85 231.20 1.113 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 203.5, but if it comes above 203.5, then a intra day buy could be more profitable.
If you take a sell trade below 203.5, then use 203.5 as stoploss and 185.7 as target. However if you take a buy trade in stock , then use 203.5 as stoploss and 218.35 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 183.40
Downside Target 193.90
Upside Target 205.00
Upside Target 222.00
Upside Target 233.50
Upside 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 185.37
Downside Intraday Target 172.08
Upside Intraday Target 209.97
Upside Intraday Target 221.28
Downside Intraday Target 196.68

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
23 Thu Jun 2022 198.65 206.60 208.00 183.40 1.056 times
17 Fri Jun 2022 208.65 226.00 233.50 196.50 0.822 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

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
23 Thu Jun 2022 198.65 227.50 239.70 183.40 0.569 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 12, 26, 35 Sell
MACD -1, 5Sell
Stochastics 28Sell
CCI -54Buy
RSI 40Sell
OBV 883706Sell
VWAP 208Sell
ADL 0Sell
ROC -16Sell
Force Index 0Sell

Price action analysis of Welcorp ( (Welcorp) ) based on a short 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 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 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 mid to longer 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.

ADX buy sell signal for Welcorp stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Welcorp in short term and the sell signal is strong.

Welcorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Welcorp in short term but BUY signal is weak.

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 207.67 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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