Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 74116

Date Daily Closing Price Open High Low Volume
31 Fri Mar 2023 200.95 199.40 203.00 199.40 0.225 times
29 Wed Mar 2023 196.95 186.95 199.30 186.80 4.119 times
28 Tue Mar 2023 186.80 192.45 193.30 186.00 0.49 times
27 Mon Mar 2023 191.25 202.80 202.80 188.35 0.873 times
24 Fri Mar 2023 197.65 198.65 206.30 196.90 1.006 times
23 Thu Mar 2023 199.05 199.65 202.20 198.10 0.293 times
22 Wed Mar 2023 199.90 198.00 201.90 195.50 0.8 times
21 Tue Mar 2023 195.05 196.65 197.60 194.10 0.192 times
20 Mon Mar 2023 194.35 195.00 200.90 192.35 0.569 times
17 Fri Mar 2023 199.10 197.40 203.30 197.40 0.617 times

My analysis of stock is bullish for shortterm, and stock might move up till 204.9 or till 211.8. Use a stoploss of 199.2 and if this stock hits its stoploss, then it can fall down till 193.46

Share price targets for Welcorp (Welcorp)

Target Type Value
Downside Target 177.85
Downside Target 184.00
Downside Target 191.00
Downside 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 190.3
Downside Intraday Target 179.65
Upside Intraday Target 207.3
Upside Intraday Target 213.65
Downside Intraday Target 196.65

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
31 Fri Mar 2023 200.95 202.80 203.00 186.00 1.996 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Welcorp (Welcorp)

Date Monthly Closing Price Open High Low Volume
31 Fri Mar 2023 200.95 184.40 214.90 184.00 1.152 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 25, 23, 5 Buy
MACD -4, -4Buy
Stochastics 44None
CCI 89Buy
RSI 49Sell
OBV 326562Sell
VWAP 196Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Welcorp ( (Welcorp) ) based on a short 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 short 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 short to mid 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Welcorp in short term but the buy signal is initial and weak.

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

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Welcorp in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 196.31 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme