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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 2022-07-28 View latest technical analysis

10 day averaged volume of Welent is 44885

Date Daily Closing Price Open High Low Volume
28 Thu Jul 2022 99.55 98.80 100.85 97.65 0.651 times
27 Wed Jul 2022 98.00 97.95 98.50 97.35 0.216 times
26 Tue Jul 2022 97.90 100.00 100.00 97.55 0.385 times
25 Mon Jul 2022 100.15 99.20 100.75 98.60 1.38 times
22 Fri Jul 2022 100.65 97.70 101.80 97.70 1.125 times
21 Thu Jul 2022 97.85 97.90 98.45 96.35 0.643 times
20 Wed Jul 2022 97.70 97.85 102.00 97.25 2.246 times
19 Tue Jul 2022 97.20 97.35 100.00 96.50 1.061 times
18 Mon Jul 2022 97.00 97.10 97.95 95.20 1.579 times
14 Thu Jul 2022 97.55 96.00 98.00 95.25 0.772 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 98.9, but if it comes below 98.9, then a intra day sell could be more profitable.
If you take a sell trade below 98.9, then use 98.9 as stoploss and 97.25 as target. However if you take a buy trade in stock , then use 98.9 as stoploss and 100.8 as target.

Share price targets for Welent (Welent)

Target Type Value
Downside Target 69.00
Downside Target 72.30
Downside Target 82.30
Downside Target 85.85
Downside Target 91.60
Downside Target 97.35
Downside Target 98.10
Downside Target 99.00
Upside Target 100.85
Upside Target 101.50
Upside Target 102.00
Upside Target 109.50

Intraday share price targets for Welent (Welent)

Target Type Value
Downside Intraday Target 97.65
Downside Intraday Target 95.75
Upside Intraday Target 101.15
Upside Intraday Target 102.75
Downside Intraday Target 99.25

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
28 Thu Jul 2022 99.55 99.20 100.85 97.35 0.396 times
22 Fri Jul 2022 100.65 97.10 102.00 95.20 1.1 times
14 Thu Jul 2022 97.55 94.80 98.00 93.05 0.561 times
08 Fri Jul 2022 94.20 97.85 99.00 93.15 1.323 times
01 Fri Jul 2022 97.40 94.50 101.50 91.60 0.473 times

Price has moved down 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
28 Thu Jul 2022 99.55 95.95 102.00 93.05 0.425 times
30 Thu Jun 2022 97.80 95.55 109.50 82.30 2.987 times
31 Tue May 2022 95.05 88.60 98.10 69.00 1.081 times
29 Fri Apr 2022 88.95 72.60 93.75 72.60 0.296 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 26, 12, 36 Buy
MACD 3, 3Buy
Stochastics 53None
CCI 67Buy
RSI 54Buy
OBV -296597Sell
VWAP 98Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Welent ( (Welent) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY 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 98.34 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.

Click here for Welent charts

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Daily charts

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Daily chart

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