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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 2022-05-16 View latest technical analysis

10 day averaged volume of Welent is 25180

Date Daily Closing Price Open High Low Volume
16 Mon May 2022 76.30 76.35 80.00 72.70 2.552 times
13 Fri May 2022 76.20 82.70 83.20 75.15 4.041 times
12 Thu May 2022 71.40 75.05 75.95 69.00 0.84 times
11 Wed May 2022 76.55 83.50 83.50 73.40 0.554 times
10 Tue May 2022 79.05 80.00 81.45 78.50 0.361 times
09 Mon May 2022 80.25 81.50 81.75 79.30 0.402 times
06 Fri May 2022 81.95 84.25 84.25 80.30 0.645 times
05 Thu May 2022 83.00 84.40 85.95 82.45 0.504 times
04 Wed May 2022 83.45 88.10 88.30 83.10 1.073 times
02 Mon May 2022 87.80 88.60 88.85 87.10 0.429 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 78.6, but if it comes above 78.6, then a intra day buy could be more profitable.
If you take a sell trade below 78.6, then use 78.6 as stoploss and 71.7 as target. However if you take a buy trade in stock , then use 78.6 as stoploss and 84.32 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 80.00
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 72.67
Downside Intraday Target 69.03
Upside Intraday Target 79.97
Upside Intraday Target 83.63
Upside Intraday Target 76.33

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
16 Mon May 2022 76.30 76.35 80.00 72.70 0.412 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
16 Mon May 2022 76.30 88.60 88.85 69.00 0.328 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 18, 30, 24 Sell
MACD -4, -2Sell
Stochastics 27Sell
CCI -76Sell
RSI 47Sell
OBV 2192Sell
VWAP 78Sell
ADL 0Sell
ROC -14Sell
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 Strong and stock is gaining 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 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 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 77.86 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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