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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 2022-09-01 View latest technical analysis

10 day averaged volume of Welcorp is 110734

Date Daily Closing Price Open High Low Volume
01 Thu Sep 2022 228.15 224.60 233.15 224.60 0.738 times
30 Tue Aug 2022 226.40 225.65 230.05 225.65 1.057 times
29 Mon Aug 2022 224.35 223.90 229.30 221.80 0.34 times
26 Fri Aug 2022 227.70 228.75 233.65 226.60 0.648 times
25 Thu Aug 2022 228.60 234.00 236.80 226.85 0.68 times
24 Wed Aug 2022 233.10 235.45 241.85 231.10 2.192 times
23 Tue Aug 2022 233.80 215.55 235.95 215.55 2.339 times
22 Mon Aug 2022 218.80 223.85 223.85 217.60 0.436 times
19 Fri Aug 2022 221.50 230.80 230.80 220.20 0.332 times
18 Thu Aug 2022 226.30 224.55 234.00 224.55 1.079 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 230.4 as stoploss in an intra day sell trade for a target of 221.91. However, stock will show a bullish move above 230.4.

Share price targets for Welcorp (Welcorp)

Target Type Value
Downside Target 160.00
Downside Target 183.40
Downside Target 202.50
Downside Target 211.15
Downside Target 221.80
Upside Target 233.15
Upside Target 234.00
Upside Target 236.20
Upside Target 239.70
Upside Target 241.85
Upside Target 250.50

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 222.25
Downside Intraday Target 216.35
Upside Intraday Target 233.6
Upside Intraday Target 239.05
Downside Intraday Target 227.7

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
01 Thu Sep 2022 228.15 223.90 233.15 221.80 0.339 times
26 Fri Aug 2022 227.70 223.85 241.85 215.55 1.597 times
19 Fri Aug 2022 221.50 211.20 234.00 211.15 1.137 times
12 Fri Aug 2022 211.70 204.50 214.35 202.50 0.513 times
05 Fri Aug 2022 206.35 227.95 236.20 202.75 1.34 times

Price has moved up 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
01 Thu Sep 2022 228.15 224.60 233.15 224.60 0.034 times
30 Tue Aug 2022 226.40 227.95 241.85 202.50 1.476 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

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 28, 17, 24 Buy
MACD 6, 6Buy
Stochastics 44None
CCI 21Buy
RSI 60Buy
OBV -145559Sell
VWAP 229Sell
ADL 0Sell
ROC 0Buy
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 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 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.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Welcorp in short term and the buy signal is strong.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying 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 229.44 and Welcorp (Welcorp) stock is trading below this level. This means that stock is falling with high volumes. 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.

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Daily charts

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