(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 2022-09-09 View latest technical analysis
10 day averaged volume of Welcorp is 171808
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Sep 2022 | 246.10 | 258.00 | 258.00 | 245.00 | 0.778 times |
| 08 Thu Sep 2022 | 255.95 | 247.05 | 260.45 | 242.75 | 2.292 times |
| 07 Wed Sep 2022 | 246.50 | 252.65 | 254.40 | 243.55 | 0.472 times |
| 06 Tue Sep 2022 | 252.65 | 255.50 | 258.75 | 246.00 | 1.196 times |
| 05 Mon Sep 2022 | 254.25 | 243.80 | 255.20 | 242.25 | 2.127 times |
| 02 Fri Sep 2022 | 241.60 | 228.40 | 243.20 | 228.40 | 1.682 times |
| 01 Thu Sep 2022 | 228.15 | 224.60 | 233.15 | 224.60 | 0.476 times |
| 30 Tue Aug 2022 | 226.40 | 225.65 | 230.05 | 225.65 | 0.681 times |
| 29 Mon Aug 2022 | 224.35 | 223.90 | 229.30 | 221.80 | 0.219 times |
| 26 Fri Aug 2022 | 227.70 | 228.75 | 233.65 | 226.60 | 0.418 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 245.2, but if it comes below 245.2, then a intra day sell could be more profitable.
If you take a sell trade below 245.2, then use 245.2 as stoploss and 232.01 as target. However if you take a buy trade in stock , then use 245.2 as stoploss and 261 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 | 260.45 |
Intraday share price targets for Welcorp (Welcorp)
| Target Type | Value |
| Downside Intraday Target | 238.75 |
| Downside Intraday Target | 231.4 |
| Upside Intraday Target | 256.95 |
| Upside Intraday Target | 267.8 |
| Upside Intraday Target | 249.6 |
Weekly technical analysis of Welcorp (Welcorp)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Sep 2022 | 246.10 | 243.80 | 260.45 | 242.25 | 2.245 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Welcorp (Welcorp)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Fri Sep 2022 | 246.10 | 224.60 | 260.45 | 224.60 | 0.64 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 | 31, 9, 55 | Buy |
| MACD | 15, 12 | Buy |
| Stochastics | 73 | Buy |
| CCI | 60 | Sell |
| RSI | 62 | Buy |
| OBV | 814915 | Sell |
| VWAP | 247 | Sell |
| ADL | 0 | Sell |
| ROC | 8 | Buy |
| Force Index | 0 | Sell |
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 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.
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 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 246.68 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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