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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 2022-09-20 View latest technical analysis

10 day averaged volume of Welcorp is 273492

Date Daily Closing Price Open High Low Volume
20 Tue Sep 2022 273.05 269.40 281.40 268.35 1.787 times
19 Mon Sep 2022 266.75 252.30 271.95 251.00 3.503 times
16 Fri Sep 2022 247.50 259.05 265.20 244.25 1.026 times
15 Thu Sep 2022 263.80 248.65 267.50 243.10 1.37 times
14 Wed Sep 2022 243.45 244.80 247.55 240.10 0.478 times
13 Tue Sep 2022 248.05 249.55 253.90 246.80 0.226 times
12 Mon Sep 2022 249.90 249.80 254.70 247.85 0.421 times
09 Fri Sep 2022 246.10 258.00 258.00 245.00 0.489 times
08 Thu Sep 2022 255.95 247.05 260.45 242.75 1.44 times
07 Wed Sep 2022 246.50 252.65 254.40 243.55 0.296 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 275, for a target of 258.4 or 244.58

Share price targets for Welcorp (Welcorp)

Target Type Value
Downside Target 160.00
Downside Target 183.40
Downside Target 202.50
Downside Target 215.55
Downside Target 221.80
Downside Target 239.70
Downside Target 243.20
Downside Target 250.50
Downside Target 251.00
Downside Target 260.45
Downside Target 267.50
Upside Target 281.40

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 255.57
Downside Intraday Target 238.08
Upside Intraday Target 285.97
Upside Intraday Target 298.88
Downside Intraday Target 268.48

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
20 Tue Sep 2022 273.05 252.30 281.40 251.00 1.503 times
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

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
20 Tue Sep 2022 273.05 224.60 281.40 224.60 1.636 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, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Welcorp (Welcorp)

Indicator Name Indicator Value Indicator Signal
ADX 34, 7, 65 Buy
MACD 19, 16Buy
Stochastics 63None
CCI 203Buy
RSI 63Buy
OBV 2073372Sell
VWAP 261Buy
ADL 0Sell
ROC 8Buy
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 gaining 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 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 moving up

CCI has generated a buy signal for Welcorp in short term and BUY 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

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 260.71 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

Click here for further forecast and predictions for tomorrow

Daily charts

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