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(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 24487

Date Daily Closing Price Open High Low Volume
03 Fri Dec 2021 95.60 95.55 97.35 94.90 0.446 times
02 Thu Dec 2021 95.25 95.65 96.05 94.30 0.132 times
01 Wed Dec 2021 94.40 96.20 96.20 92.50 0.314 times
30 Tue Nov 2021 93.65 97.70 97.70 93.00 2.135 times
29 Mon Nov 2021 94.05 94.50 95.75 91.50 1.344 times
26 Fri Nov 2021 96.40 100.40 100.40 95.35 0.995 times
25 Thu Nov 2021 99.20 98.00 100.80 97.45 1.046 times
24 Wed Nov 2021 98.20 96.20 100.05 96.20 0.533 times
23 Tue Nov 2021 98.75 95.75 100.00 95.40 1.028 times
22 Mon Nov 2021 96.90 98.10 99.00 92.40 1.4 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 94.5 as stoploss in an intra day buy trade for a target of 96.88. However, stock will show a bearish move below 94.5.

Share price targets for Welent (Welent)

Target Type Value
Downside Target 84.25
Downside Target 91.50
Upside Target 97.70
Upside Target 99.40
Upside Target 99.50
Upside Target 100.80
Upside Target 105.50
Upside Target 106.80
Upside Target 109.00
Upside Target 109.95

Intraday share price targets for Welent (Welent)

Target Type Value
Downside Intraday Target 92.17
Downside Intraday Target 88.73
Upside Intraday Target 98.37
Upside Intraday Target 101.13
Downside Intraday Target 94.93

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
03 Fri Dec 2021 95.60 94.50 97.70 91.50 0.874 times
26 Fri Nov 2021 96.40 98.10 100.80 92.40 0.823 times
18 Thu Nov 2021 98.75 94.00 105.50 93.35 2.263 times
12 Fri Nov 2021 96.60 98.15 99.50 95.60 2.574 times
04 Thu Nov 2021 98.30 99.40 99.40 95.80 0.362 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
03 Fri Dec 2021 95.60 96.20 97.35 92.50 0.049 times
30 Tue Nov 2021 93.65 99.40 105.50 91.50 0.917 times
29 Fri Oct 2021 97.90 107.15 109.95 92.00 0.348 times
30 Thu Sep 2021 108.30 99.00 109.00 94.05 2.152 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 Welent (Welent)

Indicator Name Indicator Value Indicator Signal
ADX 19, 22, 9 Sell
MACD -2, -2Sell
Stochastics 32None
CCI -15Buy
RSI 50Buy
OBV -42983Sell
VWAP 96Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Welent ( (Welent) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Welent ( (Welent) ) based on a mid to longer 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.

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 and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Welent 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 weakening, and bulls 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 Welent in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 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 96.06 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 negative.

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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Daily chart

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