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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 2023-01-20 View latest technical analysis

10 day averaged volume of Welent is 58786

Date Daily Closing Price Open High Low Volume
20 Fri Jan 2023 147.20 148.35 148.35 145.95 0.56 times
19 Thu Jan 2023 148.20 147.40 149.15 147.05 0.45 times
18 Wed Jan 2023 147.85 145.05 148.45 145.05 0.163 times
17 Tue Jan 2023 146.15 146.15 147.30 145.10 0.618 times
16 Mon Jan 2023 147.45 150.00 151.45 146.75 0.796 times
13 Fri Jan 2023 149.40 146.70 149.95 145.40 0.558 times
12 Thu Jan 2023 146.45 154.10 154.10 145.65 0.839 times
11 Wed Jan 2023 154.05 157.45 157.45 153.05 1.368 times
10 Tue Jan 2023 162.70 161.75 164.55 158.95 2.023 times
09 Mon Jan 2023 160.65 168.85 168.85 159.85 2.024 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 149.4, but if it comes above 149.4, then a intra day buy could be more profitable.
If you take a sell trade below 149.4, then use 149.4 as stoploss and 138.7 as target. However if you take a buy trade in stock , then use 149.4 as stoploss and 158.21 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 144.35
Downside Intraday Target 141.5
Upside Intraday Target 150.75
Upside Intraday Target 154.3
Upside Intraday Target 147.9

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
20 Fri Jan 2023 147.20 150.00 151.45 145.05 0.38 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
20 Fri Jan 2023 147.20 169.40 174.80 145.05 0.861 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 1.613 times
31 Mon Oct 2022 128.00 129.85 131.75 119.10 0.182 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 14, 30, 34 Sell
MACD -2, 0Sell
Stochastics 11Sell
CCI -55Sell
RSI 44Sell
OBV 245760Sell
VWAP 155Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

Price action analysis of Welent ( (Welent) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 gaining momentum.

MACD generated a SELL signal for Welent in short term and the sell signal is strong.

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 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

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 154.5 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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