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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 2023-09-21 View latest technical analysis

10 day averaged volume of Welcorp is 173748

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Sep 2023	393.90	397.95	406.70	390.15	0.477 times
20 Wed Sep 2023	398.30	396.95	404.30	390.00	0.42 times
18 Mon Sep 2023	395.65	395.00	403.50	392.50	0.408 times
15 Fri Sep 2023	396.85	389.95	402.10	383.60	0.727 times
14 Thu Sep 2023	383.60	362.00	388.00	362.00	3.276 times
13 Wed Sep 2023	361.90	360.95	366.40	352.00	0.44 times
12 Tue Sep 2023	355.35	387.60	387.60	352.30	1.527 times
11 Mon Sep 2023	387.60	382.25	392.40	370.25	0.846 times
08 Fri Sep 2023	380.75	357.10	384.60	353.50	1.116 times
07 Thu Sep 2023	352.50	343.00	354.85	340.30	0.876 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 383.9, but if it comes below 383.9, then a intra day sell could be more profitable.
If you take a sell trade below 383.9, then use 383.9 as stoploss and 354.89 as target. However if you take a buy trade in stock , then use 383.9 as stoploss and 418.7 as target.

Share price targets for Welcorp (Welcorp)

Target Type	Value
Downside Target	210.60
Downside Target	252.95
Downside Target	284.35
Downside Target	309.85
Downside Target	327.05
Downside Target	352.00
Downside Target	359.30
Downside Target	384.60
Downside Target	390.00
Upside Target	402.10
Upside Target	406.70

Intraday share price targets for Welcorp (Welcorp)

Target Type	Value
Downside Intraday Target	387.03
Downside Intraday Target	380.17
Upside Intraday Target	403.73
Upside Intraday Target	413.57
Upside Intraday Target	396.87

Weekly technical analysis of Welcorp (Welcorp)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Sep 2023	393.90	395.00	406.70	390.00	0.192 times
15 Fri Sep 2023	396.85	382.25	402.10	352.00	2.288 times
08 Fri Sep 2023	380.75	339.05	384.60	330.15	0.516 times
01 Fri Sep 2023	338.60	317.55	359.30	315.00	5.676 times
25 Fri Aug 2023	317.85	311.35	329.95	311.35	0.697 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
21 Thu Sep 2023	393.90	327.05	406.70	327.05	0.927 times
31 Thu Aug 2023	327.05	324.85	359.30	309.85	0.583 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

Scroll below to view daily charts

Price has moved up 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 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 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 and the buying is gaining 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 378.25 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.