(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 2022-09-27 View latest technical analysis
10 day averaged volume of Welcorp is 330247
|Date||Daily Closing Price||Open||High||Low||Volume|
|27 Tue Sep 2022||275.40||269.75||278.25||257.00||0.88 times|
|26 Mon Sep 2022||266.15||275.25||279.40||262.85||0.737 times|
|23 Fri Sep 2022||280.70||295.00||296.00||278.35||0.417 times|
|22 Thu Sep 2022||292.55||283.00||298.35||281.30||0.702 times|
|21 Wed Sep 2022||283.20||272.10||286.40||269.00||1.196 times|
|20 Tue Sep 2022||273.05||269.40||281.40||268.35||1.48 times|
|19 Mon Sep 2022||266.75||252.30||271.95||251.00||2.901 times|
|16 Fri Sep 2022||247.50||259.05||265.20||244.25||0.85 times|
|15 Thu Sep 2022||263.80||248.65||267.50||243.10||1.134 times|
|14 Wed Sep 2022||243.45||244.80||247.55||240.10||0.396 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 274.4, but if it comes below 274.4, then a intra day sell could be more profitable.
If you take a sell trade below 274.4, then use 274.4 as stoploss and 257.11 as target. However if you take a buy trade in stock , then use 274.4 as stoploss and 295.2 as target.
Share price targets for Welcorp (Welcorp)
Intraday share price targets for Welcorp (Welcorp)
|Downside Intraday Target||261.8|
|Downside Intraday Target||248.2|
|Upside Intraday Target||284.2|
|Upside Intraday Target||293|
|Downside Intraday Target||270.6|
Weekly technical analysis of Welcorp (Welcorp)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|27 Tue Sep 2022||275.40||275.25||279.40||257.00||0.242 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|
|27 Tue Sep 2022||275.40||224.60||298.35||224.60||2.172 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||25, 18, 17||Buy|
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 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 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 Weak 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 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 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 269.66 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.