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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 2022-08-04 View latest technical analysis

10 day averaged volume of Welcorp is 111040

Date Daily Closing Price Open High Low Volume
04 Thu Aug 2022 221.10 225.05 230.65 218.05 0.569 times
03 Wed Aug 2022 223.90 225.35 228.10 221.30 0.671 times
02 Tue Aug 2022 226.75 230.10 234.15 225.35 1.07 times
01 Mon Aug 2022 234.15 227.95 236.20 227.00 1.441 times
29 Fri Jul 2022 225.85 212.05 227.80 212.05 2.236 times
28 Thu Jul 2022 213.10 208.70 220.05 207.60 1.669 times
27 Wed Jul 2022 210.35 210.45 212.20 208.80 0.414 times
26 Tue Jul 2022 211.00 207.30 212.65 205.55 0.334 times
25 Mon Jul 2022 207.55 214.90 214.90 206.15 0.378 times
22 Fri Jul 2022 209.90 211.55 214.40 207.25 1.168 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 216.97. 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 218.05
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 214.03
Downside Intraday Target 206.97
Upside Intraday Target 232.18
Upside Intraday Target 243.27
Upside Intraday Target 225.12

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
04 Thu Aug 2022 221.10 227.95 236.20 218.05 0.746 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
04 Thu Aug 2022 221.10 227.95 236.20 218.05 0.254 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 22, 18, 10 Buy
MACD 5, 4Buy
Stochastics 60None
CCI 42Sell
RSI 60Buy
OBV 148930Sell
VWAP 221Buy
ADL 0Sell
ROC 5Buy
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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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

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. Bulls are getting tired and bears are picking up momentum.

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 but SELL signal is weak.

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 220.9 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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