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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 2022-09-19 View latest technical analysis

10 day averaged volume of Welent is 132287

Date Daily Closing Price Open High Low Volume
19 Mon Sep 2022 133.05 125.00 134.65 123.25 0.727 times
16 Fri Sep 2022 124.65 134.70 138.50 122.65 0.802 times
15 Thu Sep 2022 135.00 138.55 138.55 133.00 0.689 times
14 Wed Sep 2022 138.55 132.00 139.40 130.00 0.57 times
13 Tue Sep 2022 134.05 134.45 134.90 131.50 0.556 times
12 Mon Sep 2022 132.95 128.00 133.70 128.00 1.025 times
09 Fri Sep 2022 128.15 129.80 132.55 127.00 0.639 times
08 Thu Sep 2022 128.35 124.85 129.35 121.60 0.763 times
07 Wed Sep 2022 124.05 119.80 126.05 119.80 0.589 times
06 Tue Sep 2022 120.75 124.40 124.40 120.05 0.345 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 131.2, but if it comes below 131.2, then a intra day sell could be more profitable.
If you take a sell trade below 131.2, then use 131.2 as stoploss and 122.8 as target. However if you take a buy trade in stock , then use 131.2 as stoploss and 141.3 as target.

Share price targets for Welent (Welent)

Target Type Value
Downside Target 69.00
Downside Target 82.30
Downside Target 93.05
Downside Target 98.10
Downside Target 101.10
Downside Target 108.25
Downside Target 112.75
Downside Target 118.00
Downside Target 122.00
Downside Target 123.25
Downside Target 132.55
Upside Target 134.65
Upside Target 139.40

Intraday share price targets for Welent (Welent)

Target Type Value
Downside Intraday Target 125.98
Downside Intraday Target 118.92
Upside Intraday Target 137.38
Upside Intraday Target 141.72
Downside Intraday Target 130.32

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
19 Mon Sep 2022 133.05 125.00 134.65 123.25 0.2 times
16 Fri Sep 2022 124.65 128.00 139.40 122.65 0.572 times
09 Fri Sep 2022 128.15 119.85 132.55 118.60 4.073 times
02 Fri Sep 2022 118.85 108.25 122.00 108.25 0.772 times
26 Fri Aug 2022 113.45 110.70 118.00 110.25 1.343 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
19 Mon Sep 2022 133.05 112.90 139.40 112.75 1.173 times
30 Tue Aug 2022 113.60 102.50 118.00 101.10 1.062 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

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 20, 16, 11 Buy
MACD 13, 12Buy
Stochastics 59None
CCI 12Buy
RSI 57Buy
OBV 992923Sell
VWAP 130Buy
ADL 0Sell
ROC 8Buy
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 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 Weak and stock is losing 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 and the buying is gaining 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 130.35 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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Daily charts

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