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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 2022-08-03 View latest technical analysis

10 day averaged volume of Welent is 62029

Date Daily Closing Price Open High Low Volume
03 Wed Aug 2022 106.15 106.30 107.10 103.45 1.167 times
02 Tue Aug 2022 106.75 105.30 110.35 103.10 2.485 times
01 Mon Aug 2022 105.90 102.50 106.80 101.10 1.759 times
29 Fri Jul 2022 101.00 101.05 102.85 99.60 0.947 times
28 Thu Jul 2022 99.55 98.80 100.85 97.65 0.471 times
27 Wed Jul 2022 98.00 97.95 98.50 97.35 0.156 times
26 Tue Jul 2022 97.90 100.00 100.00 97.55 0.279 times
25 Mon Jul 2022 100.15 99.20 100.75 98.60 0.998 times
22 Fri Jul 2022 100.65 97.70 101.80 97.70 0.814 times
21 Thu Jul 2022 97.85 97.90 98.45 96.35 0.465 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 106.6, for a target of 102.4 or 98.95

Share price targets for Welent (Welent)

Target Type Value
Downside Target 69.00
Downside Target 72.60
Downside Target 82.30
Downside Target 93.05
Downside Target 97.35
Downside Target 101.10
Downside Target 102.00
Downside Target 102.85
Upside Target 109.50
Upside Target 110.35

Intraday share price targets for Welent (Welent)

Target Type Value
Downside Intraday Target 101.38
Downside Intraday Target 96.62
Upside Intraday Target 110.63
Upside Intraday Target 115.12
Downside Intraday Target 105.87

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
03 Wed Aug 2022 106.15 102.50 110.35 101.10 1.897 times
29 Fri Jul 2022 101.00 99.20 102.85 97.35 0.592 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

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
03 Wed Aug 2022 106.15 102.50 110.35 101.10 0.266 times
29 Fri Jul 2022 101.00 95.95 102.85 93.05 0.445 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

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 34, 7, 67 Buy
MACD 5, 4Buy
Stochastics 79Buy
CCI 109Sell
RSI 57Buy
OBV 73180Sell
VWAP 104Buy
ADL 0Sell
ROC 9Buy
Force Index 0Sell

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 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Welent in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 103.55 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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