(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, 4 | Sell |
| Stochastics | 38 | None |
| CCI | 18 | Buy |
| RSI | 44 | Sell |
| OBV | 740771 | Sell |
| VWAP | 205 | Buy |
| ADL | 0 | Sell |
| ROC | -10 | Sell |
| Force Index | 0 | Sell |
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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