(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 2022-08-16 View latest technical analysis
10 day averaged volume of Welent is 87520
|Date||Daily Closing Price||Open||High||Low||Volume|
|16 Tue Aug 2022||112.20||106.25||112.85||106.25||0.635 times|
|12 Fri Aug 2022||108.15||106.55||110.35||106.55||0.337 times|
|11 Thu Aug 2022||109.10||114.50||114.50||108.85||0.25 times|
|10 Wed Aug 2022||111.20||110.05||114.00||109.15||0.916 times|
|08 Mon Aug 2022||111.85||111.80||114.25||109.55||1.457 times|
|05 Fri Aug 2022||111.15||107.60||113.15||107.55||0.884 times|
|04 Thu Aug 2022||107.50||106.70||109.90||104.00||1.65 times|
|03 Wed Aug 2022||106.15||106.30||107.10||103.45||0.827 times|
|02 Tue Aug 2022||106.75||105.30||110.35||103.10||1.761 times|
|01 Mon Aug 2022||105.90||102.50||106.80||101.10||1.247 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 109.3, but if it comes below 109.3, then a intra day sell could be more profitable.
If you take a sell trade below 109.3, then use 109.3 as stoploss and 103.85 as target. However if you take a buy trade in stock , then use 109.3 as stoploss and 115.9 as target.
Share price targets for Welent (Welent)
Intraday share price targets for Welent (Welent)
|Downside Intraday Target||108.02|
|Downside Intraday Target||103.83|
|Upside Intraday Target||114.62|
|Upside Intraday Target||117.03|
|Downside Intraday Target||110.43|
Weekly technical analysis of Welent (Welent)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|16 Tue Aug 2022||112.20||106.25||112.85||106.25||0.215 times|
|12 Fri Aug 2022||108.15||111.80||114.50||106.55||0.465 times|
|05 Fri Aug 2022||111.15||102.50||113.15||101.10||3.151 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|
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|
|16 Tue Aug 2022||112.20||102.50||114.50||101.10||0.692 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||29, 8, 57||Buy|
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 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 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.
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 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 108.72 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