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 2022-09-14 View latest technical analysis

10 day averaged volume of Welcorp is 184381

Date Daily Closing Price Open High Low Volume
14 Wed Sep 2022 243.45 244.80 247.55 240.10 0.709 times
13 Tue Sep 2022 248.05 249.55 253.90 246.80 0.335 times
12 Mon Sep 2022 249.90 249.80 254.70 247.85 0.624 times
09 Fri Sep 2022 246.10 258.00 258.00 245.00 0.725 times
08 Thu Sep 2022 255.95 247.05 260.45 242.75 2.136 times
07 Wed Sep 2022 246.50 252.65 254.40 243.55 0.44 times
06 Tue Sep 2022 252.65 255.50 258.75 246.00 1.114 times
05 Mon Sep 2022 254.25 243.80 255.20 242.25 1.982 times
02 Fri Sep 2022 241.60 228.40 243.20 228.40 1.567 times
01 Thu Sep 2022 228.15 224.60 233.15 224.60 0.443 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 248.4 as stoploss in an intra day sell trade for a target of 236.73. However, stock will show a bullish move above 248.4.

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 242.25
Downside Target 243.20
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 237.47
Downside Intraday Target 231.48
Upside Intraday Target 252.07
Upside Intraday Target 260.68
Upside Intraday Target 246.08

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
14 Wed Sep 2022 243.45 249.80 254.70 240.10 0.261 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 down 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
14 Wed Sep 2022 243.45 224.60 260.45 224.60 0.767 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 25, 15, 26 Buy
MACD 14, 14Buy
Stochastics 64None
CCI -31Sell
RSI 63Buy
OBV 656460Sell
VWAP 249Sell
ADL 0Sell
ROC 8Buy
Force Index 0Sell

Price action analysis of Welcorp ( (Welcorp) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Welcorp ( (Welcorp) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Welcorp in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 249.16 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

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