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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 2022-09-16 View latest technical analysis

10 day averaged volume of Welcorp is 215049

Date Daily Closing Price Open High Low Volume
16 Fri Sep 2022 247.50 259.05 265.20 244.25 1.305 times
15 Thu Sep 2022 263.80 248.65 267.50 243.10 1.742 times
14 Wed Sep 2022 243.45 244.80 247.55 240.10 0.608 times
13 Tue Sep 2022 248.05 249.55 253.90 246.80 0.287 times
12 Mon Sep 2022 249.90 249.80 254.70 247.85 0.535 times
09 Fri Sep 2022 246.10 258.00 258.00 245.00 0.621 times
08 Thu Sep 2022 255.95 247.05 260.45 242.75 1.831 times
07 Wed Sep 2022 246.50 252.65 254.40 243.55 0.377 times
06 Tue Sep 2022 252.65 255.50 258.75 246.00 0.956 times
05 Mon Sep 2022 254.25 243.80 255.20 242.25 1.699 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 252.3 as stoploss in an intra day sell trade for a target of 239.61. However, stock will show a bullish move above 252.3.

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 260.45
Upside Target 267.50

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 235.9
Downside Intraday Target 224.3
Upside Intraday Target 263.3
Upside Intraday Target 279.1
Upside Intraday Target 251.7

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
16 Fri Sep 2022 247.50 249.80 267.50 240.10 0.816 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
16 Fri Sep 2022 247.50 224.60 267.50 224.60 1.038 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 30, 10, 52 Buy
MACD 15, 15Buy
Stochastics 57None
CCI 39Sell
RSI 61Buy
OBV 470151Sell
VWAP 253Sell
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Welcorp ( (Welcorp) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Welcorp ( (Welcorp) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 gaining 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 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

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 253.32 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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