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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 2022-09-26 View latest technical analysis

10 day averaged volume of Welcorp is 317406

Date Daily Closing Price Open High Low Volume
26 Mon Sep 2022 266.15 275.25 279.40 262.85 0.767 times
23 Fri Sep 2022 280.70 295.00 296.00 278.35 0.433 times
22 Thu Sep 2022 292.55 283.00 298.35 281.30 0.73 times
21 Wed Sep 2022 283.20 272.10 286.40 269.00 1.244 times
20 Tue Sep 2022 273.05 269.40 281.40 268.35 1.54 times
19 Mon Sep 2022 266.75 252.30 271.95 251.00 3.019 times
16 Fri Sep 2022 247.50 259.05 265.20 244.25 0.884 times
15 Thu Sep 2022 263.80 248.65 267.50 243.10 1.18 times
14 Wed Sep 2022 243.45 244.80 247.55 240.10 0.412 times
13 Tue Sep 2022 248.05 249.55 253.90 246.80 0.194 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 272.7 as stoploss in an intra day sell trade for a target of 254.55. However, stock will show a bullish move above 272.7.

Share price targets for Welcorp (Welcorp)

Target Type Value
Downside Target 160.00
Downside Target 183.40
Downside Target 202.50
Downside Target 221.80
Downside Target 239.70
Downside Target 250.50
Downside Target 251.00
Downside Target 260.45
Downside Target 262.85
Upside Target 267.50
Upside Target 279.40
Upside Target 298.35

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 259.53
Downside Intraday Target 252.92
Upside Intraday Target 276.08
Upside Intraday Target 286.02
Upside Intraday Target 269.47

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
26 Mon Sep 2022 266.15 275.25 279.40 262.85 0.11 times
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

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
26 Mon Sep 2022 266.15 224.60 298.35 224.60 2.052 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 29, 16, 28 Buy
MACD 24, 22Buy
Stochastics 68None
CCI 14Sell
RSI 57Buy
OBV 2426350Sell
VWAP 269Sell
ADL 0Sell
ROC 7Buy
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 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.

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

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 268.75 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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