(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 2021-10-04 View latest technical analysis
10 day averaged volume of Welent is 104013
|Date||Daily Closing Price||Open||High||Low||Volume|
|04 Mon Oct 2021||107.90||108.70||108.70||107.70||0.181 times|
|01 Fri Oct 2021||108.30||107.15||109.95||105.95||0.81 times|
|30 Thu Sep 2021||108.30||101.05||109.00||101.05||0.769 times|
|29 Wed Sep 2021||104.15||101.70||104.60||101.70||0.106 times|
|28 Tue Sep 2021||101.40||102.55||106.10||100.60||0.564 times|
|27 Mon Sep 2021||102.95||104.40||104.85||102.00||0.2 times|
|24 Fri Sep 2021||103.80||108.50||108.50||103.45||0.165 times|
|23 Thu Sep 2021||104.45||107.55||108.25||104.15||0.283 times|
|22 Wed Sep 2021||106.65||107.20||108.40||105.25||0.842 times|
|21 Tue Sep 2021||104.20||100.55||107.00||97.75||5.825 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 105.7, but if it comes below 105.7, then a intra day sell could be more profitable.
If you take a sell trade below 105.7, then use 105.7 as stoploss and 101.37 as target. However if you take a buy trade in stock , then use 105.7 as stoploss and 110.9 as target.
Share price targets for Welent (Welent)
Intraday share price targets for Welent (Welent)
|Downside Intraday Target||107.5|
|Downside Intraday Target||107.1|
|Upside Intraday Target||108.5|
|Upside Intraday Target||109.1|
|Upside Intraday Target||108.1|
Weekly technical analysis of Welent (Welent)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|04 Mon Oct 2021||107.90||108.70||108.70||107.70||0.074 times|
|01 Fri Oct 2021||108.30||104.40||109.95||100.60||0.324 times|
|24 Fri Sep 2021||103.80||103.20||108.50||97.75||5.035 times|
|17 Fri Sep 2021||101.60||96.45||102.35||95.55||0.687 times|
|09 Thu Sep 2021||96.30||95.25||100.15||95.25||2.067 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 Mon Oct 2021||107.90||107.15||109.95||105.95||0.074 times|
|30 Thu Sep 2021||108.30||99.00||109.00||94.05||2.152 times|
|31 Tue Aug 2021||98.25||106.65||106.80||84.25||0.771 times|
|30 Fri Jul 2021||105.60||110.85||115.90||104.05||0.595 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||23, 10, 38||Buy|
Price action analysis of Welent ( (Welent) ) based on a short 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 104.96 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.