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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 2022-05-04 View latest technical analysis

10 day averaged volume of Welent is 35941

Date Daily Closing Price Open High Low Volume
04 Wed May 2022 83.45 88.10 88.30 83.10 0.752 times
02 Mon May 2022 87.80 88.60 88.85 87.10 0.3 times
29 Fri Apr 2022 88.95 89.30 90.15 88.15 0.807 times
28 Thu Apr 2022 90.20 90.90 91.55 88.05 0.64 times
27 Wed Apr 2022 89.90 89.10 92.70 89.10 0.975 times
26 Tue Apr 2022 90.20 88.10 90.75 88.10 0.818 times
25 Mon Apr 2022 87.95 86.95 88.50 85.40 1.574 times
22 Fri Apr 2022 87.80 89.00 90.00 87.35 0.473 times
21 Thu Apr 2022 89.40 88.60 90.35 88.05 0.886 times
20 Wed Apr 2022 87.40 89.00 89.35 87.00 0.994 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 84, but if it comes above 84, then a intra day buy could be more profitable.
If you take a sell trade below 84, then use 84 as stoploss and 80.2 as target. However if you take a buy trade in stock , then use 84 as stoploss and 87.23 as target.

Share price targets for Welent (Welent)

Target Type Value
Downside Target 72.30
Downside Target 75.65
Downside Target 83.10
Upside Target 85.40
Upside Target 88.85
Upside Target 90.35
Upside Target 91.10
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 81.42
Downside Intraday Target 79.38
Upside Intraday Target 87.17
Upside Intraday Target 90.88
Upside Intraday Target 85.13

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
04 Wed May 2022 83.45 88.60 88.85 83.10 0.219 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
13 Wed Apr 2022 89.95 86.05 91.10 86.05 1.006 times
08 Fri Apr 2022 86.10 75.70 87.55 75.70 0.107 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 Wed May 2022 83.45 88.60 88.85 83.10 0.043 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 22, 24, 6 Sell
MACD 2, 2Sell
Stochastics 25Sell
CCI -196Sell
RSI 48Sell
OBV 249135Sell
VWAP 88Sell
ADL 0Sell
ROC -6Sell
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 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 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 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 but the sell signal is initial and weak.

Welent Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Welent in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 88.34 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 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

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Daily chart

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