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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)

Showing technical analysis as on 2021-08-24 View latest technical analysis

10 day averaged volume of Welent is 32394

Date Daily Closing Price Open High Low Volume
24 Tue Aug 2021 91.30 87.05 91.90 87.05 1.164 times
23 Mon Aug 2021 86.80 89.05 92.40 84.25 1.789 times
20 Fri Aug 2021 89.90 92.00 92.60 89.05 1.038 times
18 Wed Aug 2021 92.20 90.50 94.80 90.50 0.502 times
17 Tue Aug 2021 95.20 96.00 97.40 93.00 0.573 times
16 Mon Aug 2021 96.65 97.95 99.10 96.05 0.308 times
13 Fri Aug 2021 97.75 99.65 101.10 96.65 1.049 times
12 Thu Aug 2021 98.70 93.55 99.30 93.55 0.181 times
11 Wed Aug 2021 96.55 96.55 99.85 91.90 1.443 times
10 Tue Aug 2021 98.65 102.55 103.00 97.35 1.095 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 93.5, but if it comes above 93.5, then a intra day buy could be more profitable.
If you take a sell trade below 93.5, then use 93.5 as stoploss and 86.1 as target. However if you take a buy trade in stock , then use 93.5 as stoploss and 99.63 as target.

Share price targets for Welent (Welent)

Target Type Value
Downside Target 84.25
Downside Target 89.05
Upside Target 91.90
Upside Target 95.45
Upside Target 98.40
Upside Target 103.55
Upside Target 106.80
Upside Target 110.35
Upside Target 115.00
Upside Target 115.90
Upside Target 117.05
Upside Target 131.00

Intraday share price targets for Welent (Welent)

Target Type Value
Downside Intraday Target 86.23
Downside Intraday Target 81.17
Upside Intraday Target 94.38
Upside Intraday Target 97.47
Downside Intraday Target 89.32

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
24 Tue Aug 2021 91.30 89.05 92.40 84.25 1.219 times
20 Fri Aug 2021 89.90 97.95 99.10 89.05 0.418 times
13 Fri Aug 2021 97.75 105.00 105.00 91.90 0.91 times
06 Fri Aug 2021 103.85 106.65 106.80 100.85 1.584 times
30 Fri Jul 2021 105.60 108.70 110.35 104.05 0.925 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
24 Tue Aug 2021 91.30 106.65 106.80 84.25 0.672 times
30 Fri Jul 2021 105.60 110.85 115.90 104.05 0.595 times
30 Wed Jun 2021 110.50 113.90 131.00 103.55 3.151 times
31 Mon May 2021 110.45 103.00 117.05 98.40 1.179 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 6, 37, 72 Sell
MACD -9, -7Sell
Stochastics 18Sell
CCI -86Buy
RSI 51Buy
OBV -336117Sell
VWAP 93Sell
ADL 0Sell
ROC -10Sell
Force Index 0Sell

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 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Welent in short term and the sell signal is strong.

Welent Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Welent is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 93.33 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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