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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 2022-05-19 View latest technical analysis

10 day averaged volume of Welent is 28051

Date Daily Closing Price Open High Low Volume
19 Thu May 2022 76.95 79.15 79.15 76.75 0.297 times
18 Wed May 2022 80.15 78.65 80.65 77.60 0.693 times
17 Tue May 2022 78.15 76.30 78.50 76.30 0.421 times
16 Mon May 2022 76.30 76.35 80.00 72.70 2.291 times
13 Fri May 2022 76.20 82.70 83.20 75.15 3.628 times
12 Thu May 2022 71.40 75.05 75.95 69.00 0.754 times
11 Wed May 2022 76.55 83.50 83.50 73.40 0.497 times
10 Tue May 2022 79.05 80.00 81.45 78.50 0.324 times
09 Mon May 2022 80.25 81.50 81.75 79.30 0.361 times
06 Fri May 2022 81.95 84.25 84.25 80.30 0.579 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 77, but if it comes above 77, then a intra day buy could be more profitable.
If you take a sell trade below 77, then use 77 as stoploss and 70.2 as target. However if you take a buy trade in stock , then use 77 as stoploss and 82.78 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 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 72.88
Downside Intraday Target 68.82
Upside Intraday Target 80.83
Upside Intraday Target 84.72
Downside Intraday Target 76.77

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
19 Thu May 2022 76.95 76.35 80.65 72.70 0.665 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
19 Thu May 2022 76.95 88.60 88.85 69.00 0.373 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 19, 27, 16 Sell
MACD -4, -3Sell
Stochastics 55None
CCI -19Sell
RSI 46Sell
OBV 91965Sell
VWAP 77Buy
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Welent ( (Welent) ) based on a short term time period is

Price action analysis of Welent ( (Welent) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining momentum.

MACD generated a SELL signal for Welent in short term and the sell signal is strong.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 76.84 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 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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