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

(Welent) Welent complete technical analysis [charts+indicators] | Buy/Sell Welent | (Welent) share price targets

Complete technical analysis of Welent (Welent) by charts plus indicators, forecast predictions and share price targets for Welent (Welent)

10 day averaged volume of Welent is 96295

Date Daily Closing Price Open High Low Volume
04 Tue Oct 2022 123.90 126.95 126.95 122.60 0.352 times
03 Mon Oct 2022 122.55 129.85 129.85 122.05 0.552 times
30 Fri Sep 2022 127.45 124.05 128.70 124.05 0.508 times
29 Thu Sep 2022 125.55 126.15 128.45 122.30 0.518 times
28 Wed Sep 2022 122.75 126.00 128.40 121.70 0.78 times
27 Tue Sep 2022 127.80 127.90 130.75 122.20 1.389 times
26 Mon Sep 2022 126.30 133.10 134.55 124.05 0.883 times
23 Fri Sep 2022 133.45 142.85 144.65 132.50 1.406 times
22 Thu Sep 2022 142.85 135.00 144.70 134.75 1.02 times
21 Wed Sep 2022 134.60 139.80 139.80 131.05 1.04 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 124.4, but if it comes above 124.4, then a intra day buy could be more profitable.
If you take a sell trade below 124.4, then use 124.4 as stoploss and 117.4 as target. However if you take a buy trade in stock , then use 124.4 as stoploss and 130.28 as target.

Share price targets for Welent (Welent)

Target Type Value
Downside Target 82.30
Downside Target 93.05
Downside Target 101.10
Downside Target 109.50
Downside Target 112.75
Downside Target 118.00
Downside Target 121.70
Upside Target 129.85
Upside Target 132.55
Upside Target 134.55
Upside Target 139.40
Upside Target 144.70

Intraday share price targets for Welent (Welent)

Target Type Value
Downside Intraday Target 120.68
Downside Intraday Target 117.47
Upside Intraday Target 128.48
Upside Intraday Target 133.07
Upside Intraday Target 125.27

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
04 Tue Oct 2022 123.90 129.85 129.85 122.05 0.222 times
30 Fri Sep 2022 127.45 133.10 134.55 121.70 0.64 times
23 Fri Sep 2022 133.45 125.00 144.70 123.25 1.274 times
16 Fri Sep 2022 124.65 128.00 139.40 122.65 0.572 times
09 Fri Sep 2022 128.15 119.85 132.55 118.60 4.073 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 Welent (Welent)

Date Monthly Closing Price Open High Low Volume
04 Tue Oct 2022 123.90 129.85 129.85 122.05 0.035 times
30 Fri Sep 2022 127.45 112.90 144.70 112.75 1.853 times
30 Tue Aug 2022 113.60 102.50 118.00 101.10 1.062 times
29 Fri Jul 2022 101.00 95.95 102.85 93.05 0.445 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 Welent (Welent)

Indicator Name Indicator Value Indicator Signal
ADX 13, 17, 15 Sell
MACD 5, 8Sell
Stochastics 13Sell
CCI -66Sell
RSI 46Sell
OBV 331115Sell
VWAP 130Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

Price action analysis of Welent ( (Welent) ) 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 Welent ( (Welent) ) 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 Welent ( (Welent) ) 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 Welent ( (Welent) ) 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 Welent stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Welent Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a SELL signal for Welent in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Welent is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 130.11 and Welent (Welent) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

Welent 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 Welent 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

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme