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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 2022-09-07 View latest technical analysis

10 day averaged volume of Welcorp is 174500

Date Daily Closing Price Open High Low Volume
07 Wed Sep 2022 246.50 252.65 254.40 243.55 0.465 times
06 Tue Sep 2022 252.65 255.50 258.75 246.00 1.178 times
05 Mon Sep 2022 254.25 243.80 255.20 242.25 2.094 times
02 Fri Sep 2022 241.60 228.40 243.20 228.40 1.656 times
01 Thu Sep 2022 228.15 224.60 233.15 224.60 0.468 times
30 Tue Aug 2022 226.40 225.65 230.05 225.65 0.671 times
29 Mon Aug 2022 224.35 223.90 229.30 221.80 0.216 times
26 Fri Aug 2022 227.70 228.75 233.65 226.60 0.411 times
25 Thu Aug 2022 228.60 234.00 236.80 226.85 0.432 times
24 Wed Aug 2022 233.10 235.45 241.85 231.10 1.391 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 240.9, but if it comes below 240.9, then a intra day sell could be more profitable.
If you take a sell trade below 240.9, then use 240.9 as stoploss and 227.76 as target. However if you take a buy trade in stock , then use 240.9 as stoploss and 256.7 as target.

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
Upside Target 250.50
Upside Target 258.75

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 239.58
Downside Intraday Target 232.67
Upside Intraday Target 256.08
Upside Intraday Target 265.67
Upside Intraday Target 249.17

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
07 Wed Sep 2022 246.50 243.80 258.75 242.25 1.241 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
07 Wed Sep 2022 246.50 224.60 258.75 224.60 0.422 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 35, 12, 49 Buy
MACD 14, 10Buy
Stochastics 83Buy
CCI 91Sell
RSI 65Buy
OBV 318661Sell
VWAP 241Buy
ADL 0Sell
ROC 5Buy
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 losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Welcorp in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 241.42 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

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Daily charts

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