Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2023-08-29 View latest technical analysis

10 day averaged volume of Welcorp is 46714

Date Daily Closing Price Open High Low Volume
29 Tue Aug 2023 317.90 319.05 323.40 316.35 0.553 times
28 Mon Aug 2023 319.00 317.55 321.75 315.00 0.79 times
25 Fri Aug 2023 317.85 321.55 324.50 317.10 0.361 times
24 Thu Aug 2023 324.35 321.15 328.95 319.95 1.211 times
23 Wed Aug 2023 319.70 329.95 329.95 318.30 0.367 times
22 Tue Aug 2023 323.05 319.95 326.95 316.25 0.883 times
21 Mon Aug 2023 316.95 311.35 322.50 311.35 0.96 times
18 Fri Aug 2023 311.85 315.80 320.40 309.85 3.117 times
17 Thu Aug 2023 316.20 318.05 322.10 315.40 0.407 times
16 Wed Aug 2023 319.10 324.00 328.70 316.60 1.255 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 317.2 as stoploss in an intra day buy trade for a target of 323.6. However, stock will show a bearish move below 317.2.

Share price targets for Welcorp (Welcorp)

Target Type Value
Downside Target 198.55
Downside Target 210.60
Downside Target 225.95
Downside Target 252.95
Downside Target 284.35
Downside Target 309.85
Upside Target 323.40
Upside Target 327.95
Upside Target 329.95
Upside Target 334.85
Upside Target 339.55
Upside Target 345.00

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 314.13
Downside Intraday Target 310.37
Upside Intraday Target 322.53
Upside Intraday Target 327.17
Upside Intraday Target 318.77

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
29 Tue Aug 2023 317.90 317.55 323.40 315.00 0.355 times
25 Fri Aug 2023 317.85 311.35 329.95 311.35 0.697 times
18 Fri Aug 2023 311.85 321.70 334.85 309.85 0.991 times
11 Fri Aug 2023 327.95 326.45 339.55 321.05 0.394 times
04 Fri Aug 2023 321.70 317.05 345.00 314.85 1.613 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
29 Tue Aug 2023 317.90 324.85 345.00 309.85 0.363 times
31 Mon Jul 2023 322.15 261.40 327.95 261.40 2.085 times
30 Fri Jun 2023 260.80 254.65 284.35 252.95 1.677 times
31 Wed May 2023 252.60 225.65 257.65 210.60 1.72 times

Scroll below to view daily charts

Price has moved down 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)

Price action analysis of Welcorp ( (Welcorp) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 gaining momentum.

MACD generated a SELL signal for Welcorp in short term but the sell signal is initial and weak.

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. Bears are getting stronger in this stock.

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 buy signal for Welcorp in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 317.39 and Welcorp (Welcorp) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Welcorp (Welcorp) stock. Volume based technical analysis of Welcorp (Welcorp) stock is negative.

Welcorp Stock has given negative 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.

Price action analysis of Welcorp ( (Welcorp) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 gaining momentum.

MACD generated a SELL signal for Welcorp in short term but the sell signal is initial and weak.

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. Bears are getting stronger in this stock.

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 buy signal for Welcorp in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 317.39 and Welcorp (Welcorp) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Welcorp (Welcorp) stock. Volume based technical analysis of Welcorp (Welcorp) stock is negative.

Welcorp Stock has given negative 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme