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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 2023-09-22 View latest technical analysis

10 day averaged volume of Welcorp is 175726

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	388.55	396.75	396.75	382.75	0.301 times
21 Thu Sep 2023	393.90	397.95	406.70	390.15	0.472 times
20 Wed Sep 2023	398.30	396.95	404.30	390.00	0.415 times
18 Mon Sep 2023	395.65	395.00	403.50	392.50	0.404 times
15 Fri Sep 2023	396.85	389.95	402.10	383.60	0.719 times
14 Thu Sep 2023	383.60	362.00	388.00	362.00	3.239 times
13 Wed Sep 2023	361.90	360.95	366.40	352.00	0.435 times
12 Tue Sep 2023	355.35	387.60	387.60	352.30	1.51 times
11 Mon Sep 2023	387.60	382.25	392.40	370.25	0.837 times
08 Fri Sep 2023	380.75	357.10	384.60	353.50	1.104 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 387.1, but if it comes below 387.1, then a intra day sell could be more profitable.
If you take a sell trade below 387.1, then use 387.1 as stoploss and 358.1 as target. However if you take a buy trade in stock , then use 387.1 as stoploss and 421.9 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	382.75
Downside Target	384.60
Upside Target	402.10
Upside Target	406.70

Intraday share price targets for Welcorp (Welcorp)

Target Type	Value
Downside Intraday Target	378.63
Downside Intraday Target	368.72
Upside Intraday Target	402.58
Upside Intraday Target	416.62
Upside Intraday Target	392.67

Weekly technical analysis of Welcorp (Welcorp)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	388.55	395.00	406.70	382.75	0.236 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
22 Fri Sep 2023	388.55	327.05	406.70	327.05	0.951 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 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 380.94 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.