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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 2023-01-16 View latest technical analysis

10 day averaged volume of Welent is 81092

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Jan 2023	147.45	150.00	151.45	146.75	0.577 times
13 Fri Jan 2023	149.40	146.70	149.95	145.40	0.404 times
12 Thu Jan 2023	146.45	154.10	154.10	145.65	0.609 times
11 Wed Jan 2023	154.05	157.45	157.45	153.05	0.992 times
10 Tue Jan 2023	162.70	161.75	164.55	158.95	1.467 times
09 Mon Jan 2023	160.65	168.85	168.85	159.85	1.467 times
06 Fri Jan 2023	165.15	169.80	170.75	164.60	0.841 times
05 Thu Jan 2023	169.30	169.50	169.50	168.00	0.512 times
04 Wed Jan 2023	168.00	170.70	170.70	167.15	0.581 times
03 Tue Jan 2023	169.40	171.55	174.80	168.60	1.084 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 152.2, but if it comes above 152.2, then a intra day buy could be more profitable.
If you take a sell trade below 152.2, then use 152.2 as stoploss and 142.9 as target. However if you take a buy trade in stock , then use 152.2 as stoploss and 160.02 as target.

Share price targets for Welent (Welent)

Target Type	Value
Downside Target	112.75
Downside Target	119.10
Downside Target	128.70
Downside Target	131.75
Downside Target	142.00
Upside Target	151.45
Upside Target	159.00
Upside Target	164.60
Upside Target	165.85
Upside Target	168.85
Upside Target	171.00
Upside Target	172.20
Upside Target	174.80

Intraday share price targets for Welent (Welent)

Target Type	Value
Downside Intraday Target	145.65
Downside Intraday Target	143.85
Upside Intraday Target	150.35
Upside Intraday Target	153.25
Upside Intraday Target	148.55

Weekly technical analysis of Welent (Welent)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Jan 2023	147.45	150.00	151.45	146.75	0.117 times
13 Fri Jan 2023	149.40	168.85	168.85	145.40	0.976 times
06 Fri Jan 2023	165.15	169.40	174.80	164.60	0.865 times
30 Fri Dec 2022	166.35	142.00	171.00	142.00	1.743 times
23 Fri Dec 2022	146.35	152.10	165.85	145.25	2.201 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
16 Mon Jan 2023	147.45	169.40	174.80	145.40	0.767 times
30 Fri Dec 2022	166.35	150.40	172.20	142.00	1.536 times
30 Wed Nov 2022	150.90	128.80	159.00	128.70	1.531 times
31 Mon Oct 2022	128.00	129.85	131.75	119.10	0.192 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)

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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

Welent Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term but selling 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 160.37 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.