(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 2022-07-22 View latest technical analysis
10 day averaged volume of Welcorp is 60452
|Date||Daily Closing Price||Open||High||Low||Volume|
|22 Fri Jul 2022||209.90||211.55||214.40||207.25||2.145 times|
|21 Thu Jul 2022||211.20||212.70||213.90||209.45||1.139 times|
|20 Wed Jul 2022||212.50||220.10||220.10||211.50||0.896 times|
|19 Tue Jul 2022||217.00||214.60||219.05||213.30||0.734 times|
|18 Mon Jul 2022||214.25||210.05||217.50||210.05||1.33 times|
|14 Thu Jul 2022||209.55||211.20||214.60||206.50||1.263 times|
|13 Wed Jul 2022||210.85||215.50||215.50||209.65||0.6 times|
|12 Tue Jul 2022||213.65||222.65||226.00||213.05||0.841 times|
|11 Mon Jul 2022||222.05||217.25||223.95||216.85||0.534 times|
|08 Fri Jul 2022||219.75||226.50||228.00||218.40||1.211 times|
Stock of Welcorp (Welcorp) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 210.8, but if it comes above 210.8, then a intra day buy could be more profitable.
If you take a sell trade below 210.8, then use 210.8 as stoploss and 204.1 as target. However if you take a buy trade in stock , then use 210.8 as stoploss and 216.3 as target.
Share price targets for Welcorp (Welcorp)
Intraday share price targets for Welcorp (Welcorp)
|Downside Intraday Target||204.73|
|Downside Intraday Target||199.57|
|Upside Intraday Target||217.58|
|Upside Intraday Target||225.27|
|Upside Intraday Target||212.42|
Weekly technical analysis of Welcorp (Welcorp)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|22 Fri Jul 2022||209.90||210.05||220.10||207.25||1.928 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Welcorp (Welcorp)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|22 Fri Jul 2022||209.90||216.90||228.00||205.70||0.419 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||13, 22, 25||Sell|
Price action analysis of Welcorp ( (Welcorp) ) based on a short 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 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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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
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 213.31 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.