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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 2022-05-06 View latest technical analysis

10 day averaged volume of Welent is 27232

Date Daily Closing Price Open High Low Volume
06 Fri May 2022 81.95 84.25 84.25 80.30 0.596 times
05 Thu May 2022 83.00 84.40 85.95 82.45 0.466 times
04 Wed May 2022 83.45 88.10 88.30 83.10 0.992 times
02 Mon May 2022 87.80 88.60 88.85 87.10 0.396 times
29 Fri Apr 2022 88.95 89.30 90.15 88.15 1.065 times
28 Thu Apr 2022 90.20 90.90 91.55 88.05 0.844 times
27 Wed Apr 2022 89.90 89.10 92.70 89.10 1.286 times
26 Tue Apr 2022 90.20 88.10 90.75 88.10 1.08 times
25 Mon Apr 2022 87.95 86.95 88.50 85.40 2.077 times
22 Fri Apr 2022 87.80 89.00 90.00 87.35 0.624 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 82.1, for a target of 85.1 or 87.56

Share price targets for Welent (Welent)

Target Type Value
Downside Target 72.30
Downside Target 75.65
Downside Target 80.30
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 78.55
Downside Intraday Target 75.15
Upside Intraday Target 87.1
Upside Intraday Target 92.25
Upside Intraday Target 83.7

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
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
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
06 Fri May 2022 81.95 88.60 88.85 80.30 0.076 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 17, 27, 22 Sell
MACD 0, 2Sell
Stochastics 7Sell
CCI -154Sell
RSI 51Buy
OBV 53124Sell
VWAP 88Sell
ADL 0Sell
ROC -8Sell
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Welent stock for short term is SELL. Signal strength is Strong and stock is gaining 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 87.67 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.

Click here for Welent charts

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Daily charts

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Daily chart

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