(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)
10 day averaged volume of Welcorp is 55800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue Mar 2023 | 186.80 | 192.45 | 193.30 | 186.00 | 0.65 times |
| 27 Mon Mar 2023 | 191.25 | 202.80 | 202.80 | 188.35 | 1.16 times |
| 24 Fri Mar 2023 | 197.65 | 198.65 | 206.30 | 196.90 | 1.336 times |
| 23 Thu Mar 2023 | 199.05 | 199.65 | 202.20 | 198.10 | 0.389 times |
| 22 Wed Mar 2023 | 199.90 | 198.00 | 201.90 | 195.50 | 1.063 times |
| 21 Tue Mar 2023 | 195.05 | 196.65 | 197.60 | 194.10 | 0.255 times |
| 20 Mon Mar 2023 | 194.35 | 195.00 | 200.90 | 192.35 | 0.756 times |
| 17 Fri Mar 2023 | 199.10 | 197.40 | 203.30 | 197.40 | 0.82 times |
| 16 Thu Mar 2023 | 197.15 | 198.35 | 200.40 | 191.00 | 1.383 times |
| 15 Wed Mar 2023 | 202.35 | 200.15 | 204.70 | 199.90 | 0.255 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 191.4, but if it comes above 191.4, then a intra day buy could be more profitable.
If you take a sell trade below 191.4, then use 191.4 as stoploss and 183.4 as target. However if you take a buy trade in stock , then use 191.4 as stoploss and 198.14 as target.
Share price targets for Welcorp (Welcorp)
| Target Type | Value |
| Downside Target | 177.85 |
| Downside Target | 184.00 |
| Upside Target | 191.00 |
| Upside Target | 198.90 |
| Upside Target | 214.30 |
| Upside Target | 214.90 |
| Upside Target | 217.10 |
| Upside Target | 219.95 |
| Upside Target | 242.60 |
| Upside Target | 251.95 |
| Upside Target | 255.75 |
Intraday share price targets for Welcorp (Welcorp)
| Target Type | Value |
| Downside Intraday Target | 180.93 |
| Downside Intraday Target | 175.07 |
| Upside Intraday Target | 197.73 |
| Upside Intraday Target | 208.67 |
| Upside Intraday Target | 191.87 |
Weekly technical analysis of Welcorp (Welcorp)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue Mar 2023 | 186.80 | 202.80 | 202.80 | 186.00 | 0.477 times |
| 24 Fri Mar 2023 | 197.65 | 195.00 | 206.30 | 192.35 | 0.551 times |
| 17 Fri Mar 2023 | 199.10 | 210.70 | 214.30 | 191.00 | 1.864 times |
| 10 Fri Mar 2023 | 211.55 | 199.10 | 214.90 | 198.90 | 1.447 times |
| 03 Fri Mar 2023 | 199.05 | 182.70 | 200.55 | 177.85 | 1.023 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 |
| 28 Tue Mar 2023 | 186.80 | 184.40 | 214.90 | 184.00 | 0.869 times |
| 28 Tue Feb 2023 | 184.00 | 215.00 | 219.95 | 177.85 | 1.204 times |
| 31 Tue Jan 2023 | 210.75 | 234.65 | 242.60 | 200.10 | 0.662 times |
| 30 Fri Dec 2022 | 236.95 | 250.05 | 255.75 | 201.65 | 1.024 times |
Scroll below to view daily charts
Price has moved up 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, 28, 22 | Sell |
| MACD | -5, -4 | Sell |
| Stochastics | 16 | Sell |
| CCI | -183 | Sell |
| RSI | 44 | Sell |
| OBV | 1041 | Sell |
| VWAP | 196 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
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 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 to mid term time period is
Price action analysis of Welcorp ( (Welcorp) ) based on a mid to longer 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.
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 and the sell signal is strong.
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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 196.04 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.
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