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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 2022-05-13 View latest technical analysis

10 day averaged volume of Welent is 17303

Date Daily Closing Price Open High Low Volume
13 Fri May 2022 76.20 82.70 83.20 75.15 5.881 times
12 Thu May 2022 71.40 75.05 75.95 69.00 1.222 times
11 Wed May 2022 76.55 83.50 83.50 73.40 0.806 times
10 Tue May 2022 79.05 80.00 81.45 78.50 0.525 times
09 Mon May 2022 80.25 81.50 81.75 79.30 0.585 times
06 Fri May 2022 81.95 84.25 84.25 80.30 0.938 times
05 Thu May 2022 83.00 84.40 85.95 82.45 0.734 times
04 Wed May 2022 83.45 88.10 88.30 83.10 1.561 times
02 Mon May 2022 87.80 88.60 88.85 87.10 0.624 times
29 Fri Apr 2022 88.95 89.30 90.15 88.15 1.676 times

Stock of Welent (Welent) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 79.5, but if it comes above 79.5, then a intra day buy could be more profitable.
If you take a sell trade below 79.5, then use 79.5 as stoploss and 72.8 as target. However if you take a buy trade in stock , then use 79.5 as stoploss and 85 as target.

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 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 68.97
Downside Intraday Target 61.73
Upside Intraday Target 83.47
Upside Intraday Target 90.73
Upside Intraday Target 76.23

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
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
13 Wed Apr 2022 89.95 86.05 91.10 86.05 1.006 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Welent (Welent)

Date Monthly Closing Price Open High Low Volume
13 Fri May 2022 76.20 88.60 88.85 69.00 0.254 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, 29, 16 Sell
MACD -4, -2Sell
Stochastics 20Sell
CCI -58Buy
RSI 49Sell
OBV -111913Sell
VWAP 80Sell
ADL 0Sell
ROC -16Sell
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

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.

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 SELL signal in short term but selling is losing 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 79.54 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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