(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 2023-02-01 View latest technical analysis
10 day averaged volume of Welent is 29830
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 142.95 | 150.25 | 152.50 | 140.75 | 3.441 times |
| 31 Tue Jan 2023 | 145.10 | 141.25 | 146.75 | 140.25 | 1.279 times |
| 30 Mon Jan 2023 | 141.60 | 141.60 | 144.55 | 139.75 | 0.581 times |
| 27 Fri Jan 2023 | 140.40 | 146.00 | 146.95 | 136.40 | 1.211 times |
| 25 Wed Jan 2023 | 145.20 | 151.10 | 151.10 | 143.80 | 1.166 times |
| 24 Tue Jan 2023 | 150.60 | 151.00 | 152.50 | 149.95 | 0.886 times |
| 23 Mon Jan 2023 | 150.75 | 147.55 | 152.35 | 145.65 | 1.349 times |
| 20 Fri Jan 2023 | 147.20 | 148.35 | 148.35 | 145.95 | 1.103 times |
| 19 Thu Jan 2023 | 148.20 | 147.40 | 149.15 | 147.05 | 0.886 times |
| 18 Wed Jan 2023 | 147.85 | 145.05 | 148.45 | 145.05 | 0.321 times |
Stock of Welent (Welent) has showed a significant fall. This could be a good time to exit from this stock.
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 142.8 as stoploss in an intra day buy trade for a target of 151.46. However, stock will show a bearish move below 142.8.
Share price targets for Welent (Welent)
| Target Type | Value |
| Downside Target | 119.10 |
| Downside Target | 128.70 |
| Downside Target | 131.75 |
| Downside Target | 136.40 |
| Downside Target | 139.75 |
| Upside Target | 145.05 |
| Upside Target | 151.45 |
| Upside Target | 159.00 |
| Upside Target | 164.60 |
| Upside Target | 168.85 |
| Upside Target | 172.20 |
| Upside Target | 174.80 |
Intraday share price targets for Welent (Welent)
| Target Type | Value |
| Downside Intraday Target | 137.63 |
| Downside Intraday Target | 132.32 |
| Upside Intraday Target | 150.38 |
| Upside Intraday Target | 157.82 |
| Upside Intraday Target | 145.07 |
Weekly technical analysis of Welent (Welent)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 142.95 | 141.60 | 152.50 | 139.75 | 1.15 times |
| 27 Fri Jan 2023 | 140.40 | 147.55 | 152.50 | 136.40 | 0.905 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 |
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 |
| 01 Wed Feb 2023 | 142.95 | 150.25 | 152.50 | 140.75 | 0.089 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 |
| 30 Wed Nov 2022 | 150.90 | 128.80 | 159.00 | 128.70 | 1.613 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 | 21, 26, 11 | Sell |
| MACD | -5, -4 | Sell |
| Stochastics | 42 | None |
| CCI | -23 | Buy |
| RSI | 44 | Sell |
| OBV | -443012 | Sell |
| VWAP | 145 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Welent in short term and the sell signal is strong.
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. 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 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 145.38 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.
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