(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)
Intraday share price targets for Welent (Welent)
|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|
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.