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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 2022-07-25 View latest technical analysis

10 day averaged volume of Welcorp is 64636

Date Daily Closing Price Open High Low Volume
25 Mon Jul 2022 207.55 214.90 214.90 206.15 0.649 times
22 Fri Jul 2022 209.90 211.55 214.40 207.25 2.006 times
21 Thu Jul 2022 211.20 212.70 213.90 209.45 1.065 times
20 Wed Jul 2022 212.50 220.10 220.10 211.50 0.838 times
19 Tue Jul 2022 217.00 214.60 219.05 213.30 0.686 times
18 Mon Jul 2022 214.25 210.05 217.50 210.05 1.244 times
14 Thu Jul 2022 209.55 211.20 214.60 206.50 1.181 times
13 Wed Jul 2022 210.85 215.50 215.50 209.65 0.561 times
12 Tue Jul 2022 213.65 222.65 226.00 213.05 0.787 times
11 Mon Jul 2022 222.05 217.25 223.95 216.85 0.499 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 210.2, but if it comes above 210.2, then a intra day buy could be more profitable.
If you take a sell trade below 210.2, then use 210.2 as stoploss and 203.2 as target. However if you take a buy trade in stock , then use 210.2 as stoploss and 216.03 as target.

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 213.05
Upside Target 220.10
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 204.17
Downside Intraday Target 200.78
Upside Intraday Target 212.92
Upside Intraday Target 218.28
Upside Intraday Target 209.53

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
25 Mon Jul 2022 207.55 214.90 214.90 206.15 0.111 times
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

Price has moved down 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
25 Mon Jul 2022 207.55 216.90 228.00 205.70 0.435 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 12, 21, 28 Sell
MACD 0, 2Sell
Stochastics 15Sell
CCI -94Sell
RSI 57Buy
OBV -269940Sell
VWAP 212Sell
ADL 0Sell
ROC -6Sell
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 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 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 green color and prices are in or below the green 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 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 212.15 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

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