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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)

10 day averaged volume of Welent is 24231

Date Daily Closing Price Open High Low Volume
28 Tue Mar 2023 122.40 123.55 125.00 121.35 1.025 times
27 Mon Mar 2023 123.10 125.00 125.35 122.40 0.65 times
24 Fri Mar 2023 125.40 125.00 126.85 122.10 0.824 times
23 Thu Mar 2023 126.35 122.55 129.55 122.55 1.257 times
22 Wed Mar 2023 124.45 121.10 126.85 121.10 0.555 times
21 Tue Mar 2023 125.05 126.25 126.95 124.50 0.671 times
20 Mon Mar 2023 126.10 126.00 128.15 124.80 0.645 times
17 Fri Mar 2023 127.80 128.00 128.75 127.00 0.318 times
16 Thu Mar 2023 126.95 126.90 128.50 122.60 1.42 times
15 Wed Mar 2023 125.80 127.70 129.65 125.00 0.387 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 123.5, but if it comes above 123.5, then a intra day buy could be more profitable.
If you take a sell trade below 123.5, then use 123.5 as stoploss and 119.6 as target. However if you take a buy trade in stock , then use 123.5 as stoploss and 126.7 as target.

Share price targets for Welent (Welent)

Target Type Value
Downside Target 117.35
Downside Target 121.10
Upside Target 128.70
Upside Target 136.05
Upside Target 136.40
Upside Target 137.40
Upside Target 142.00
Upside Target 152.50
Upside Target 159.00
Upside Target 172.20
Upside Target 174.80

Intraday share price targets for Welent (Welent)

Target Type Value
Downside Intraday Target 120.72
Downside Intraday Target 119.03
Upside Intraday Target 124.72
Upside Intraday Target 127.03
Upside Intraday Target 123.03

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
28 Tue Mar 2023 122.40 125.00 125.35 121.35 0.424 times
24 Fri Mar 2023 125.40 126.00 129.55 121.10 0.572 times
17 Fri Mar 2023 127.80 133.90 136.05 122.60 1.293 times
10 Fri Mar 2023 133.90 123.15 137.40 123.15 0.879 times
03 Fri Mar 2023 125.45 123.20 128.95 117.35 1.002 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 Tue Mar 2023 122.40 123.65 137.40 121.10 0.682 times
28 Tue Feb 2023 122.80 150.25 152.50 117.35 0.635 times
31 Tue Jan 2023 145.10 169.40 174.80 136.40 1.034 times
30 Fri Dec 2022 166.35 150.40 172.20 142.00 1.536 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 12, 25, 35 Sell
MACD -7, -7Buy
Stochastics 21Sell
CCI -134Sell
RSI 44Sell
OBV -10354Sell
VWAP 125Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Welent ( (Welent) ) based on a short 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 short 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Welent stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Welent in short term but the buy signal is initial and weak.

Welent Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 but selling is losing 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 125.33 and Welent (Welent) stock is trading below this level. This means that stock is falling with high volumes. 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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