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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 2022-05-17 View latest technical analysis

10 day averaged volume of Welent is 28705

Date Daily Closing Price Open High Low Volume
17 Tue May 2022 78.15 76.30 78.50 76.30 0.412 times
16 Mon May 2022 76.30 76.35 80.00 72.70 2.238 times
13 Fri May 2022 76.20 82.70 83.20 75.15 3.545 times
12 Thu May 2022 71.40 75.05 75.95 69.00 0.737 times
11 Wed May 2022 76.55 83.50 83.50 73.40 0.486 times
10 Tue May 2022 79.05 80.00 81.45 78.50 0.316 times
09 Mon May 2022 80.25 81.50 81.75 79.30 0.353 times
06 Fri May 2022 81.95 84.25 84.25 80.30 0.565 times
05 Thu May 2022 83.00 84.40 85.95 82.45 0.442 times
04 Wed May 2022 83.45 88.10 88.30 83.10 0.941 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 78 as stoploss in an intra day buy trade for a target of 83.74. However, stock will show a bearish move below 78.

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 73.9
Downside Intraday Target 69.65
Upside Intraday Target 81.2
Upside Intraday Target 84.25
Downside Intraday Target 76.95

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
17 Tue May 2022 78.15 76.35 80.00 72.70 0.487 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
17 Tue May 2022 78.15 88.60 88.85 69.00 0.341 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, 28, 24 Sell
MACD -4, -3Sell
Stochastics 39None
CCI -38Buy
RSI 47Sell
OBV -47178Sell
VWAP 78Buy
ADL 0Sell
ROC -11Sell
Force Index 0Sell

Price action analysis of Welent ( (Welent) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Welent Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 77.5 and Welent (Welent) stock is trading above this level. This is a good sign for the stock and it could move higher. 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

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Daily charts

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Daily chart

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