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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 2022-07-18 View latest technical analysis

10 day averaged volume of Welcorp is 70364

Date Daily Closing Price Open High Low Volume
18 Mon Jul 2022 214.25 210.05 217.50 210.05 1.143 times
14 Thu Jul 2022 209.55 211.20 214.60 206.50 1.085 times
13 Wed Jul 2022 210.85 215.50 215.50 209.65 0.515 times
12 Tue Jul 2022 213.65 222.65 226.00 213.05 0.723 times
11 Mon Jul 2022 222.05 217.25 223.95 216.85 0.459 times
08 Fri Jul 2022 219.75 226.50 228.00 218.40 1.04 times
07 Thu Jul 2022 225.00 220.30 226.70 217.00 1.248 times
06 Wed Jul 2022 220.45 208.05 223.95 208.05 1.52 times
05 Tue Jul 2022 208.05 217.00 217.50 205.70 0.509 times
04 Mon Jul 2022 213.00 214.05 217.00 212.00 1.883 times

My analysis of stock is bullish for shortterm, and stock might move up till 222.8 or till 234.4. Use a stoploss of 213.18 and if this stock hits its stoploss, then it can fall down till 203.51

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 205.70
Upside Target 222.00
Upside Target 226.00
Upside Target 228.00
Upside Target 228.80
Upside Target 239.70
Upside Target 250.50

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 210.37
Downside Intraday Target 206.48
Upside Intraday Target 217.82
Upside Intraday Target 221.38
Downside Intraday Target 213.93

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
18 Mon Jul 2022 214.25 210.05 217.50 210.05 0.411 times
14 Thu Jul 2022 209.55 217.25 226.00 206.50 0.449 times
08 Fri Jul 2022 219.75 214.05 228.00 205.70 0.962 times
01 Fri Jul 2022 214.75 223.00 228.80 213.05 0.708 times
24 Fri Jun 2022 213.05 206.60 215.00 183.40 1.206 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
18 Mon Jul 2022 214.25 216.90 228.00 205.70 0.304 times
30 Thu Jun 2022 217.75 227.50 239.70 183.40 0.693 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

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, 21, 14 Sell
MACD 2, 4Sell
Stochastics 26Sell
CCI -37Buy
RSI 52Buy
OBV 73342Sell
VWAP 216Sell
ADL 0Sell
ROC -0Sell
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 216.16 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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