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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 2022-08-03 View latest technical analysis

10 day averaged volume of Welcorp is 109011

Date Daily Closing Price Open High Low Volume
03 Wed Aug 2022 223.90 225.35 228.10 221.30 0.683 times
02 Tue Aug 2022 226.75 230.10 234.15 225.35 1.09 times
01 Mon Aug 2022 234.15 227.95 236.20 227.00 1.468 times
29 Fri Jul 2022 225.85 212.05 227.80 212.05 2.277 times
28 Thu Jul 2022 213.10 208.70 220.05 207.60 1.7 times
27 Wed Jul 2022 210.35 210.45 212.20 208.80 0.422 times
26 Tue Jul 2022 211.00 207.30 212.65 205.55 0.34 times
25 Mon Jul 2022 207.55 214.90 214.90 206.15 0.385 times
22 Fri Jul 2022 209.90 211.55 214.40 207.25 1.189 times
21 Thu Jul 2022 211.20 212.70 213.90 209.45 0.631 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 224.1 as stoploss in an intra day sell trade for a target of 216.94. However, stock will show a bullish move above 224.1.

Share price targets for Welcorp (Welcorp)

Target Type Value
Downside Target 160.00
Downside Target 167.55
Downside Target 183.40
Downside Target 205.55
Downside Target 220.10
Upside Target 227.80
Upside Target 228.00
Upside Target 236.20
Upside Target 239.70
Upside Target 250.50

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 218.07
Downside Intraday Target 212.23
Upside Intraday Target 232.97
Upside Intraday Target 242.03
Upside Intraday Target 227.13

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
03 Wed Aug 2022 223.90 227.95 236.20 221.30 0.632 times
29 Fri Jul 2022 225.85 214.90 227.80 205.55 1.48 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

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
03 Wed Aug 2022 223.90 227.95 236.20 221.30 0.215 times
29 Fri Jul 2022 225.85 216.90 228.00 205.55 0.635 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

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 25, 16, 21 Buy
MACD 6, 3Buy
Stochastics 74Buy
CCI 62Sell
RSI 59Buy
OBV 176314Sell
VWAP 220Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

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

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

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

Price action analysis of Welcorp ( (Welcorp) ) based on a mid to longer term time period is

ADX buy sell signal for Welcorp stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Welcorp in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Welcorp Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Welcorp in short term but SELL signal is weak.

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 220.28 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 positive

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

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Daily charts

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