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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 2022-09-23 View latest technical analysis

10 day averaged volume of Welcorp is 317015

Date Daily Closing Price Open High Low Volume
23 Fri Sep 2022 280.70 295.00 296.00 278.35 0.434 times
22 Thu Sep 2022 292.55 283.00 298.35 281.30 0.731 times
21 Wed Sep 2022 283.20 272.10 286.40 269.00 1.246 times
20 Tue Sep 2022 273.05 269.40 281.40 268.35 1.542 times
19 Mon Sep 2022 266.75 252.30 271.95 251.00 3.022 times
16 Fri Sep 2022 247.50 259.05 265.20 244.25 0.885 times
15 Thu Sep 2022 263.80 248.65 267.50 243.10 1.182 times
14 Wed Sep 2022 243.45 244.80 247.55 240.10 0.413 times
13 Tue Sep 2022 248.05 249.55 253.90 246.80 0.195 times
12 Mon Sep 2022 249.90 249.80 254.70 247.85 0.363 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 271.5, but if it comes below 271.5, then a intra day sell could be more profitable.
If you take a sell trade below 271.5, then use 271.5 as stoploss and 252.63 as target. However if you take a buy trade in stock , then use 271.5 as stoploss and 294.1 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 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 298.35

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 255.02
Downside Intraday Target 229.33
Upside Intraday Target 302.37
Upside Intraday Target 324.03
Downside Intraday Target 276.68

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
23 Fri Sep 2022 280.70 252.30 298.35 251.00 2.297 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
23 Fri Sep 2022 280.70 224.60 298.35 224.60 1.952 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 33, 7, 65 Buy
MACD 26, 21Buy
Stochastics 84Buy
CCI 96Sell
RSI 60Buy
OBV 2594533Sell
VWAP 268Buy
ADL 0Sell
ROC 14Buy
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 losing 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 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 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 268.27 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.

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Daily charts

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