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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 87520

Date Daily Closing Price Open High Low Volume
16 Tue Aug 2022 112.20 106.25 112.85 106.25 0.635 times
12 Fri Aug 2022 108.15 106.55 110.35 106.55 0.337 times
11 Thu Aug 2022 109.10 114.50 114.50 108.85 0.25 times
10 Wed Aug 2022 111.20 110.05 114.00 109.15 0.916 times
08 Mon Aug 2022 111.85 111.80 114.25 109.55 1.457 times
05 Fri Aug 2022 111.15 107.60 113.15 107.55 0.884 times
04 Thu Aug 2022 107.50 106.70 109.90 104.00 1.65 times
03 Wed Aug 2022 106.15 106.30 107.10 103.45 0.827 times
02 Tue Aug 2022 106.75 105.30 110.35 103.10 1.761 times
01 Mon Aug 2022 105.90 102.50 106.80 101.10 1.247 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 109.3, but if it comes below 109.3, then a intra day sell could be more profitable.
If you take a sell trade below 109.3, then use 109.3 as stoploss and 103.85 as target. However if you take a buy trade in stock , then use 109.3 as stoploss and 115.9 as target.

Share price targets for Welent (Welent)

Target Type Value
Downside Target 69.00
Downside Target 72.60
Downside Target 82.30
Downside Target 93.05
Downside Target 97.35
Downside Target 101.10
Downside Target 106.25
Downside Target 106.55
Downside Target 109.50
Upside Target 112.85
Upside Target 113.15
Upside Target 114.50

Intraday share price targets for Welent (Welent)

Target Type Value
Downside Intraday Target 108.02
Downside Intraday Target 103.83
Upside Intraday Target 114.62
Upside Intraday Target 117.03
Downside Intraday Target 110.43

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
16 Tue Aug 2022 112.20 106.25 112.85 106.25 0.215 times
12 Fri Aug 2022 108.15 111.80 114.50 106.55 0.465 times
05 Fri Aug 2022 111.15 102.50 113.15 101.10 3.151 times
30 Sat Jul 2022 101.00 99.20 102.85 97.35 0.592 times
22 Fri Jul 2022 100.65 97.10 102.00 95.20 1.1 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 Welent (Welent)

Date Monthly Closing Price Open High Low Volume
16 Tue Aug 2022 112.20 102.50 114.50 101.10 0.692 times
30 Sat Jul 2022 101.00 95.95 102.85 93.05 0.445 times
30 Thu Jun 2022 97.80 95.55 109.50 82.30 2.948 times
31 Tue May 2022 95.05 88.60 98.10 69.00 1.096 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 29, 8, 57 Buy
MACD 7, 7Buy
Stochastics 69None
CCI 49Buy
RSI 60Buy
OBV 674250Sell
VWAP 109Buy
ADL 0Sell
ROC 11Buy
Force Index 0Sell

Price action analysis of Welent ( (Welent) ) 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Welent 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.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Welent in short term and BUY signal is strong.

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 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 108.72 and Welent (Welent) 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 Welent (Welent) stock. Volume based technical analysis of Welent (Welent) stock is negative.

Welent 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.

Click here for Welent charts

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Daily charts

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Daily chart

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