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 28808

Date Daily Closing Price Open High Low Volume
18 Wed May 2022 80.15 78.65 80.65 77.60 0.675 times
17 Tue May 2022 78.15 76.30 78.50 76.30 0.41 times
16 Mon May 2022 76.30 76.35 80.00 72.70 2.23 times
13 Fri May 2022 76.20 82.70 83.20 75.15 3.532 times
12 Thu May 2022 71.40 75.05 75.95 69.00 0.734 times
11 Wed May 2022 76.55 83.50 83.50 73.40 0.484 times
10 Tue May 2022 79.05 80.00 81.45 78.50 0.315 times
09 Mon May 2022 80.25 81.50 81.75 79.30 0.352 times
06 Fri May 2022 81.95 84.25 84.25 80.30 0.563 times
05 Thu May 2022 83.00 84.40 85.95 82.45 0.441 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 77.6 as stoploss in an intra day buy trade for a target of 83.3. However, stock will show a bearish move below 77.6.

Share price targets for Welent (Welent)

Target Type Value
Downside Target 69.00
Downside Target 72.30
Downside Target 75.65
Upside Target 80.30
Upside Target 83.50
Upside Target 85.40
Upside Target 88.85
Upside Target 90.35
Upside Target 92.70
Upside Target 93.75
Upside Target 102.05
Upside Target 105.05

Intraday share price targets for Welent (Welent)

Target Type Value
Downside Intraday Target 75.02
Downside Intraday Target 69.88
Upside Intraday Target 82.97
Upside Intraday Target 85.78
Downside Intraday Target 77.83

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
18 Wed May 2022 80.15 76.35 80.65 72.70 0.612 times
13 Fri May 2022 76.20 81.50 83.50 69.00 2.339 times
06 Fri May 2022 81.95 88.60 88.85 80.30 0.386 times
29 Fri Apr 2022 88.95 86.95 92.70 85.40 0.814 times
22 Fri Apr 2022 87.80 89.00 93.75 85.50 1.171 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
18 Wed May 2022 80.15 88.60 88.85 69.00 0.363 times
29 Fri Apr 2022 88.95 72.60 93.75 72.60 0.296 times
31 Thu Mar 2022 72.95 78.80 85.85 72.30 5.203 times
28 Mon Feb 2022 78.80 101.30 102.05 75.65 0.782 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 21, 27, 12 Sell
MACD -4, -3Sell
Stochastics 50None
CCI 20Buy
RSI 47Sell
OBV 9216Sell
VWAP 77Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Welent ( (Welent) ) based on a short term time period is

Price action analysis of Welent ( (Welent) ) based on a short 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 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

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 and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 77.11 and Welent (Welent) stock is trading above this level. This is a good sign for the stock and it could move higher. 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