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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)

10 day averaged volume of Welcorp is 921795

Date Daily Closing Price Open High Low Volume
02 Thu Dec 2021 170.00 167.50 171.00 162.80 0.248 times
01 Wed Dec 2021 166.20 166.50 169.00 156.15 0.537 times
30 Tue Nov 2021 165.50 171.00 174.65 162.00 0.538 times
29 Mon Nov 2021 170.75 170.10 175.45 164.35 0.924 times
26 Fri Nov 2021 169.90 164.00 173.85 159.80 1.01 times
25 Thu Nov 2021 167.85 153.15 169.80 153.15 1.371 times
24 Wed Nov 2021 153.35 151.00 157.45 150.70 0.363 times
23 Tue Nov 2021 150.00 145.20 153.70 144.90 0.254 times
22 Mon Nov 2021 147.75 155.00 155.55 143.40 0.534 times
18 Thu Nov 2021 155.00 160.20 162.30 153.75 1.294 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 164.8, but if it comes below 164.8, then a intra day sell could be more profitable.
If you take a sell trade below 164.8, then use 164.8 as stoploss and 150.17 as target. However if you take a buy trade in stock , then use 164.8 as stoploss and 182.3 as target.

Share price targets for Welcorp (Welcorp)

Target Type Value
Downside Target 106.00
Downside Target 114.35
Downside Target 123.00
Downside Target 127.10
Downside Target 135.30
Downside Target 140.15
Downside Target 149.25
Downside Target 153.60
Downside Target 156.15
Downside Target 163.40
Upside Target 171.00
Upside Target 173.85
Upside Target 175.45

Intraday share price targets for Welcorp (Welcorp)

Target Type Value
Downside Intraday Target 158.95
Downside Intraday Target 147.9
Upside Intraday Target 178.25
Upside Intraday Target 186.5
Downside Intraday Target 167.2

Weekly technical analysis of Welcorp (Welcorp)

Date Weekly Closing Price Open High Low Volume
02 Thu Dec 2021 170.00 170.10 175.45 156.15 0.636 times
26 Fri Nov 2021 169.90 155.00 173.85 143.40 0.71 times
18 Thu Nov 2021 155.00 147.90 163.40 140.15 4.321 times
12 Fri Nov 2021 147.90 131.65 149.55 128.00 3.822 times
04 Thu Nov 2021 130.60 135.30 135.30 127.10 0.43 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
02 Thu Dec 2021 170.00 166.50 171.00 156.15 0.069 times
30 Tue Nov 2021 165.50 135.30 175.45 127.10 1.69 times
29 Fri Oct 2021 133.50 143.90 153.60 123.00 1.218 times
30 Thu Sep 2021 144.40 118.50 149.25 114.35 0.779 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)

Indicator Name Indicator Value Indicator Signal
ADX 26, 14, 30 Buy
MACD 15, 13Buy
Stochastics 75Buy
CCI 67Buy
RSI 53Buy
OBV 6103340Sell
VWAP 163Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

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 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 red color and prices are in or above the red 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 163.04 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.

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Daily charts

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