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)

Showing technical analysis as on 2022-09-02 View latest technical analysis

10 day averaged volume of Welcorp is 108972

Date Daily Closing Price Open High Low Volume
02 Fri Sep 2022 241.60 228.40 243.20 228.40 2.652 times
01 Thu Sep 2022 228.15 224.60 233.15 224.60 0.75 times
30 Tue Aug 2022 226.40 225.65 230.05 225.65 1.074 times
29 Mon Aug 2022 224.35 223.90 229.30 221.80 0.345 times
26 Fri Aug 2022 227.70 228.75 233.65 226.60 0.658 times
25 Thu Aug 2022 228.60 234.00 236.80 226.85 0.691 times
24 Wed Aug 2022 233.10 235.45 241.85 231.10 2.227 times
23 Tue Aug 2022 233.80 215.55 235.95 215.55 2.377 times
22 Mon Aug 2022 218.80 223.85 223.85 217.60 0.443 times
19 Fri Aug 2022 221.50 230.80 230.80 220.20 0.337 times

Stock of Welcorp (Welcorp) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 243.5, for a target of 232.1 or 222.65

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
Downside Target 234.00
Downside Target 236.20
Downside Target 239.70
Upside Target 241.85
Upside Target 243.20
Upside Target 250.50

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 227.87
Downside Intraday Target 214.13
Upside Intraday Target 249.27
Upside Intraday Target 256.93
Downside Intraday Target 235.53

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
02 Fri Sep 2022 241.60 223.90 243.20 221.80 0.754 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
02 Fri Sep 2022 241.60 224.60 243.20 224.60 0.153 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 34, 14, 40 Buy
MACD 8, 6Buy
Stochastics 61None
CCI 164Buy
RSI 63Buy
OBV -16634Sell
VWAP 233Buy
ADL 0Sell
ROC 7Buy
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 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. Bulls 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 232.53 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