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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 2022-08-10 View latest technical analysis

10 day averaged volume of Welcorp is 136086

Date Daily Closing Price Open High Low Volume
10 Wed Aug 2022 205.30 207.30 212.00 205.00 0.761 times
08 Mon Aug 2022 211.60 204.50 213.95 202.50 0.704 times
05 Fri Aug 2022 206.35 210.75 210.75 202.75 2.439 times
04 Thu Aug 2022 221.10 225.05 230.65 218.05 0.464 times
03 Wed Aug 2022 223.90 225.35 228.10 221.30 0.547 times
02 Tue Aug 2022 226.75 230.10 234.15 225.35 0.873 times
01 Mon Aug 2022 234.15 227.95 236.20 227.00 1.176 times
29 Fri Jul 2022 225.85 212.05 227.80 212.05 1.824 times
28 Thu Jul 2022 213.10 208.70 220.05 207.60 1.362 times
27 Wed Jul 2022 210.35 210.45 212.20 208.80 0.338 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 207.3, but if it comes above 207.3, then a intra day buy could be more profitable.
If you take a sell trade below 207.3, then use 207.3 as stoploss and 198.4 as target. However if you take a buy trade in stock , then use 207.3 as stoploss and 214.8 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 202.50
Upside Target 213.95
Upside Target 220.10
Upside Target 226.00
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 200.55
Downside Intraday Target 195.8
Upside Intraday Target 212
Upside Intraday Target 218.7
Upside Intraday Target 207.25

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
10 Wed Aug 2022 205.30 204.50 213.95 202.50 0.266 times
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

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
10 Wed Aug 2022 205.30 227.95 236.20 202.50 0.578 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, 24, 16 Sell
MACD 1, 3Sell
Stochastics 15Sell
CCI -83Sell
RSI 54Buy
OBV -312383Sell
VWAP 217Sell
ADL 0Sell
ROC -3Sell
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 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 to mid 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 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 Weak 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 but buying is losing 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 217.41 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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