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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)

10 day averaged volume of Welcorp is 56516

Date Daily Closing Price Open High Low Volume
24 Fri Mar 2023 197.65 198.65 206.30 196.90 1.319 times
23 Thu Mar 2023 199.05 199.65 202.20 198.10 0.384 times
22 Wed Mar 2023 199.90 198.00 201.90 195.50 1.05 times
21 Tue Mar 2023 195.05 196.65 197.60 194.10 0.251 times
20 Mon Mar 2023 194.35 195.00 200.90 192.35 0.746 times
17 Fri Mar 2023 199.10 197.40 203.30 197.40 0.809 times
16 Thu Mar 2023 197.15 198.35 200.40 191.00 1.365 times
15 Wed Mar 2023 202.35 200.15 204.70 199.90 0.251 times
14 Tue Mar 2023 199.95 200.65 206.00 196.10 2.552 times
13 Mon Mar 2023 199.95 210.70 214.30 196.60 1.829 times

My analysis of stock is bullish for shortterm, and stock might move up till 205.3 or till 214.6. Use a stoploss of 197.53 and if this stock hits its stoploss, then it can fall down till 189.79

Share price targets for Welcorp (Welcorp)

Target Type Value
Downside Target 177.85
Downside Target 184.00
Downside Target 191.00
Downside Target 196.90
Upside Target 206.30
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 191.23
Downside Intraday Target 184.82
Upside Intraday Target 205.18
Upside Intraday Target 212.72
Upside Intraday Target 198.77

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
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
24 Fri Feb 2023 185.60 195.00 196.90 184.45 0.66 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
24 Fri Mar 2023 197.65 184.40 214.90 184.00 0.78 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 24, 22, 5 Buy
MACD -3, -4Buy
Stochastics 33None
CCI 30Buy
RSI 46Sell
OBV 45020Sell
VWAP 199Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Welcorp ( (Welcorp) ) based on a short 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.

Price action analysis of Welcorp ( (Welcorp) ) based on a short 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.

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 BUY. Signal strength is Weak and stock is losing 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 below the red cloud Prices appear to be coming down

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 but selling is losing 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 198.74 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

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Daily charts

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Daily chart

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