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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 2022-09-13 View latest technical analysis

10 day averaged volume of Welcorp is 181975

Date Daily Closing Price Open High Low Volume
13 Tue Sep 2022 248.05 249.55 253.90 246.80 0.339 times
12 Mon Sep 2022 249.90 249.80 254.70 247.85 0.632 times
09 Fri Sep 2022 246.10 258.00 258.00 245.00 0.734 times
08 Thu Sep 2022 255.95 247.05 260.45 242.75 2.164 times
07 Wed Sep 2022 246.50 252.65 254.40 243.55 0.445 times
06 Tue Sep 2022 252.65 255.50 258.75 246.00 1.129 times
05 Mon Sep 2022 254.25 243.80 255.20 242.25 2.008 times
02 Fri Sep 2022 241.60 228.40 243.20 228.40 1.588 times
01 Thu Sep 2022 228.15 224.60 233.15 224.60 0.449 times
30 Tue Aug 2022 226.40 225.65 230.05 225.65 0.643 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 247.7, but if it comes below 247.7, then a intra day sell could be more profitable.
If you take a sell trade below 247.7, then use 247.7 as stoploss and 235.91 as target. However if you take a buy trade in stock , then use 247.7 as stoploss and 261.8 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 215.55
Downside Target 221.80
Downside Target 234.00
Downside Target 239.70
Downside Target 243.20
Downside Target 246.80
Upside Target 250.50
Upside Target 254.70
Upside Target 260.45

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 245
Downside Intraday Target 241.95
Upside Intraday Target 252.9
Upside Intraday Target 257.75
Upside Intraday Target 249.85

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
13 Tue Sep 2022 248.05 249.80 254.70 246.80 0.15 times
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

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
13 Tue Sep 2022 248.05 224.60 260.45 224.60 0.713 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 27, 9, 50 Buy
MACD 15, 14Buy
Stochastics 67None
CCI 39Sell
RSI 63Buy
OBV 921492Sell
VWAP 248Sell
ADL 0Sell
ROC 11Buy
Force Index 0Sell

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 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 losing momentum.

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

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 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 and the buying is gaining 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 248.12 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.

Click here for Welcorp charts

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Daily charts

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