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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 2022-06-24 View latest technical analysis

10 day averaged volume of Welcorp is 122691

Date Daily Closing Price Open High Low Volume
24 Fri Jun 2022 213.05 201.60 215.00 200.55 0.65 times
23 Thu Jun 2022 198.65 199.00 206.00 197.45 0.8 times
22 Wed Jun 2022 198.55 198.95 202.00 194.25 1.268 times
21 Tue Jun 2022 199.80 190.00 204.60 190.00 1.341 times
20 Mon Jun 2022 191.10 206.60 208.00 183.40 1.164 times
17 Fri Jun 2022 208.65 201.35 212.40 196.50 1.05 times
16 Thu Jun 2022 200.20 218.00 218.55 198.90 1.029 times
15 Wed Jun 2022 213.65 220.00 223.40 212.30 0.393 times
14 Tue Jun 2022 219.95 219.00 224.90 216.40 0.668 times
13 Mon Jun 2022 219.55 226.00 233.50 217.50 1.192 times

My analysis of stock is bearish for shortterm, and stock might move down till 204.1 or till 186.6. Use a stoploss of 218.71 and if the stock hits stoploss, then it can shoot up till 233.32

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
Downside Target 205.00
Upside Target 215.00
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 192.63
Downside Intraday Target 172.22
Upside Intraday Target 224.23
Upside Intraday Target 235.42
Downside Intraday Target 203.82

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
24 Fri Jun 2022 213.05 206.60 215.00 183.40 1.206 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 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
24 Fri Jun 2022 213.05 227.50 239.70 183.40 0.588 times
31 Tue May 2022 226.55 204.55 250.50 160.00 0.952 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 17, 23, 13 Sell
MACD 0, 4Sell
Stochastics 38None
CCI 18Buy
RSI 44Sell
OBV 740771Sell
VWAP 205Buy
ADL 0Sell
ROC -10Sell
Force Index 0Sell

Price action analysis of Welcorp ( (Welcorp) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

MACD generated a SELL signal for Welcorp in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 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 204.84 and Welcorp (Welcorp) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

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