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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 2022-09-06 View latest technical analysis

10 day averaged volume of Welcorp is 158782

Date Daily Closing Price Open High Low Volume
06 Tue Sep 2022 252.65 255.50 258.75 246.00 1.294 times
05 Mon Sep 2022 254.25 243.80 255.20 242.25 2.301 times
02 Fri Sep 2022 241.60 228.40 243.20 228.40 1.82 times
01 Thu Sep 2022 228.15 224.60 233.15 224.60 0.515 times
30 Tue Aug 2022 226.40 225.65 230.05 225.65 0.737 times
29 Mon Aug 2022 224.35 223.90 229.30 221.80 0.237 times
26 Fri Aug 2022 227.70 228.75 233.65 226.60 0.452 times
25 Thu Aug 2022 228.60 234.00 236.80 226.85 0.474 times
24 Wed Aug 2022 233.10 235.45 241.85 231.10 1.529 times
23 Tue Aug 2022 233.80 215.55 235.95 215.55 1.631 times

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 254.8, for a target of 239 or 225.75

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 239.70
Downside Target 241.85
Downside Target 242.25
Downside Target 243.20
Downside Target 250.50
Upside Target 258.75

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 243.68
Downside Intraday Target 234.72
Upside Intraday Target 260.18
Upside Intraday Target 267.72
Downside Intraday Target 251.22

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
06 Tue Sep 2022 252.65 243.80 258.75 242.25 1.087 times
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

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
06 Tue Sep 2022 252.65 224.60 258.75 224.60 0.389 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 39, 11, 57 Buy
MACD 13, 9Buy
Stochastics 93Buy
CCI 158Buy
RSI 66Buy
OBV 336526Sell
VWAP 240Buy
ADL 0Sell
ROC 15Buy
Force Index 0Sell

Price action analysis of Welcorp ( (Welcorp) ) based on a short 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 short 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 240.06 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

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