(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 2022-05-27 View latest technical analysis
10 day averaged volume of Welent is 73126
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 91.70 | 89.95 | 93.25 | 89.95 | 0.196 times |
| 26 Thu May 2022 | 90.20 | 90.20 | 93.20 | 87.15 | 0.788 times |
| 25 Wed May 2022 | 90.15 | 93.70 | 97.60 | 89.25 | 1.669 times |
| 24 Tue May 2022 | 95.45 | 91.00 | 95.95 | 89.10 | 1.721 times |
| 23 Mon May 2022 | 91.35 | 85.10 | 92.55 | 85.10 | 1.46 times |
| 20 Fri May 2022 | 84.90 | 78.50 | 90.20 | 78.45 | 1.55 times |
| 19 Thu May 2022 | 76.95 | 79.15 | 79.15 | 76.75 | 0.114 times |
| 18 Wed May 2022 | 80.15 | 78.65 | 80.65 | 77.60 | 0.266 times |
| 17 Tue May 2022 | 78.15 | 76.30 | 78.50 | 76.30 | 0.162 times |
| 16 Mon May 2022 | 76.30 | 76.35 | 80.00 | 72.70 | 0.879 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 89.6, but if it comes below 89.6, then a intra day sell could be more profitable.
If you take a sell trade below 89.6, then use 89.6 as stoploss and 83.2 as target. However if you take a buy trade in stock , then use 89.6 as stoploss and 97.3 as target.
Share price targets for Welent (Welent)
| Target Type | Value |
| Downside Target | 69.00 |
| Downside Target | 72.30 |
| Downside Target | 75.65 |
| Downside Target | 80.30 |
| Downside Target | 83.50 |
| Downside Target | 88.85 |
| Downside Target | 90.35 |
| Upside Target | 92.70 |
| Upside Target | 93.75 |
| Upside Target | 97.60 |
| Upside Target | 102.05 |
| Upside Target | 105.05 |
Intraday share price targets for Welent (Welent)
| Target Type | Value |
| Downside Intraday Target | 85.33 |
| Downside Intraday Target | 78.97 |
| Upside Intraday Target | 97.83 |
| Upside Intraday Target | 103.97 |
| Downside Intraday Target | 91.47 |
Weekly technical analysis of Welent (Welent)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 91.70 | 85.10 | 97.60 | 85.10 | 1.964 times |
| 20 Fri May 2022 | 84.90 | 76.35 | 90.20 | 72.70 | 1.392 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 |
Price has moved up 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 |
| 27 Fri May 2022 | 91.70 | 88.60 | 97.60 | 69.00 | 0.989 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 up 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 | 29, 15, 32 | Buy |
| MACD | 3, 1 | Buy |
| Stochastics | 74 | Buy |
| CCI | 69 | Buy |
| RSI | 51 | Buy |
| OBV | 357816 | Sell |
| VWAP | 88 | Buy |
| ADL | 0 | Sell |
| ROC | 20 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Welent ( (Welent) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Welent ( (Welent) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Welent ( (Welent) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Welent ( (Welent) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Welent stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Welent in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Welent Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Welent is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 88.42 and Welent (Welent) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Welent (Welent) stock. Volume based technical analysis of Welent (Welent) stock is negative.
Welent Stock is giving positive 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.
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