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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 2022-08-05 View latest technical analysis

10 day averaged volume of Welcorp is 110477

Date Daily Closing Price Open High Low Volume
05 Fri Aug 2022 206.35 210.75 210.75 202.75 3.004 times
04 Thu Aug 2022 221.10 225.05 230.65 218.05 0.572 times
03 Wed Aug 2022 223.90 225.35 228.10 221.30 0.674 times
02 Tue Aug 2022 226.75 230.10 234.15 225.35 1.075 times
01 Mon Aug 2022 234.15 227.95 236.20 227.00 1.449 times
29 Fri Jul 2022 225.85 212.05 227.80 212.05 2.247 times
28 Thu Jul 2022 213.10 208.70 220.05 207.60 1.677 times
27 Wed Jul 2022 210.35 210.45 212.20 208.80 0.416 times
26 Tue Jul 2022 211.00 207.30 212.65 205.55 0.336 times
25 Mon Jul 2022 207.55 214.90 214.90 206.15 0.38 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 208.8, but if it comes above 208.8, then a intra day buy could be more profitable.
If you take a sell trade below 208.8, then use 208.8 as stoploss and 200 as target. However if you take a buy trade in stock , then use 208.8 as stoploss and 216.04 as target.

Share price targets for Welcorp (Welcorp)

Target Type Value
Downside Target 160.00
Downside Target 167.55
Downside Target 183.40
Downside Target 202.75
Upside 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 194
Downside Intraday Target 181.65
Upside Intraday Target 227.45
Upside Intraday Target 248.55
Upside Intraday Target 215.1

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
05 Fri Aug 2022 206.35 227.95 236.20 202.75 1.34 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
05 Fri Aug 2022 206.35 227.95 236.20 202.75 0.456 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 18, 29, 24 Sell
MACD 3, 4Sell
Stochastics 40None
CCI -94Sell
RSI 55Buy
OBV -289967Sell
VWAP 218Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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 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 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 mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 but buying is losing 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 218.29 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 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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