Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-07-21 View latest technical analysis

10 day averaged volume of Welcorp is 64267

Date Daily Closing Price Open High Low Volume
21 Thu Jul 2022 211.20 212.70 213.90 209.45 1.071 times
20 Wed Jul 2022 212.50 220.10 220.10 211.50 0.843 times
19 Tue Jul 2022 217.00 214.60 219.05 213.30 0.69 times
18 Mon Jul 2022 214.25 210.05 217.50 210.05 1.251 times
14 Thu Jul 2022 209.55 211.20 214.60 206.50 1.188 times
13 Wed Jul 2022 210.85 215.50 215.50 209.65 0.564 times
12 Tue Jul 2022 213.65 222.65 226.00 213.05 0.791 times
11 Mon Jul 2022 222.05 217.25 223.95 216.85 0.502 times
08 Fri Jul 2022 219.75 226.50 228.00 218.40 1.139 times
07 Thu Jul 2022 225.00 220.30 226.70 217.00 1.367 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 209.1 as stoploss in an intra day buy trade for a target of 215.74. However, stock will show a bearish move below 209.1.

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 220.10
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 207.07
Downside Intraday Target 202.93
Upside Intraday Target 217.72
Upside Intraday Target 224.23
Upside Intraday Target 213.58

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
21 Thu Jul 2022 211.20 210.05 220.10 209.45 1.266 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
21 Thu Jul 2022 211.20 216.90 228.00 205.70 0.369 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 14, 21, 19 Sell
MACD 2, 3Sell
Stochastics 33None
CCI -84Sell
RSI 53Buy
OBV -155781Sell
VWAP 216Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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

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 gaining momentum.

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

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Welcorp in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 215.74 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.

Click here for Welcorp charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme