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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 2023-01-24 View latest technical analysis

10 day averaged volume of Welent is 47382

Date Daily Closing Price Open High Low Volume
24 Tue Jan 2023 150.60 151.00 152.50 149.95 0.558 times
23 Mon Jan 2023 150.75 147.55 152.35 145.65 0.849 times
20 Fri Jan 2023 147.20 148.35 148.35 145.95 0.694 times
19 Thu Jan 2023 148.20 147.40 149.15 147.05 0.558 times
18 Wed Jan 2023 147.85 145.05 148.45 145.05 0.202 times
17 Tue Jan 2023 146.15 146.15 147.30 145.10 0.767 times
16 Mon Jan 2023 147.45 150.00 151.45 146.75 0.988 times
13 Fri Jan 2023 149.40 146.70 149.95 145.40 0.692 times
12 Thu Jan 2023 146.45 154.10 154.10 145.65 1.041 times
11 Wed Jan 2023 154.05 157.45 157.45 153.05 1.697 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 148.4 as stoploss in an intra day buy trade for a target of 157.51. However, stock will show a bearish move below 148.4.

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 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 146.67
Downside Intraday Target 142.73
Upside Intraday Target 153.52
Upside Intraday Target 156.43
Downside Intraday Target 149.58

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
24 Tue Jan 2023 150.60 147.55 152.50 145.65 0.439 times
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

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
24 Tue Jan 2023 150.60 169.40 174.80 145.05 0.921 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 19, 25, 13 Sell
MACD -2, -1Sell
Stochastics 28Sell
CCI 80Buy
RSI 47Sell
OBV 294807Sell
VWAP 149Buy
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Welent ( (Welent) ) based on a short 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 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 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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Welent in short term and BUY 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 149.36 and Welent (Welent) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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