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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 2022-07-19 View latest technical analysis

10 day averaged volume of Welcorp is 71246

Date Daily Closing Price Open High Low Volume
19 Tue Jul 2022 217.00 214.60 219.05 213.30 0.623 times
18 Mon Jul 2022 214.25 210.05 217.50 210.05 1.129 times
14 Thu Jul 2022 209.55 211.20 214.60 206.50 1.072 times
13 Wed Jul 2022 210.85 215.50 215.50 209.65 0.509 times
12 Tue Jul 2022 213.65 222.65 226.00 213.05 0.714 times
11 Mon Jul 2022 222.05 217.25 223.95 216.85 0.453 times
08 Fri Jul 2022 219.75 226.50 228.00 218.40 1.027 times
07 Thu Jul 2022 225.00 220.30 226.70 217.00 1.233 times
06 Wed Jul 2022 220.45 208.05 223.95 208.05 1.502 times
05 Tue Jul 2022 208.05 217.00 217.50 205.70 0.503 times

My analysis of stock is bullish for shortterm, and stock might move up till 222.7 or till 232.6. Use a stoploss of 214.47 and if this stock hits its stoploss, then it can fall down till 206.22

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 211.68
Downside Intraday Target 206.37
Upside Intraday Target 220.68
Upside Intraday Target 224.37
Downside Intraday Target 215.37

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
19 Tue Jul 2022 217.00 210.05 219.05 210.05 0.638 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
19 Tue Jul 2022 217.00 216.90 228.00 205.70 0.321 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 17, 20, 9 Sell
MACD 3, 3Sell
Stochastics 35None
CCI 1Buy
RSI 51Buy
OBV -11121Sell
VWAP 217Buy
ADL 0Sell
ROC 2Buy
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 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.

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 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 and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 216.89 and Welcorp (Welcorp) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Welcorp (Welcorp) stock. Volume based technical analysis of Welcorp (Welcorp) stock is negative.

Welcorp Stock is giving positive 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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