(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 2023-02-03 View latest technical analysis
10 day averaged volume of Welent is 41899
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri Feb 2023 | 144.20 | 141.90 | 145.85 | 141.10 | 1.283 times |
| 02 Thu Feb 2023 | 144.10 | 143.90 | 145.45 | 140.30 | 1.527 times |
| 01 Wed Feb 2023 | 142.95 | 150.25 | 152.50 | 140.75 | 2.45 times |
| 31 Tue Jan 2023 | 145.10 | 141.25 | 146.75 | 140.25 | 0.911 times |
| 30 Mon Jan 2023 | 141.60 | 141.60 | 144.55 | 139.75 | 0.414 times |
| 27 Fri Jan 2023 | 140.40 | 146.00 | 146.95 | 136.40 | 0.862 times |
| 25 Wed Jan 2023 | 145.20 | 151.10 | 151.10 | 143.80 | 0.83 times |
| 24 Tue Jan 2023 | 150.60 | 151.00 | 152.50 | 149.95 | 0.631 times |
| 23 Mon Jan 2023 | 150.75 | 147.55 | 152.35 | 145.65 | 0.961 times |
| 20 Fri Jan 2023 | 147.20 | 148.35 | 148.35 | 145.95 | 0.785 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 142.4 as stoploss in an intra day buy trade for a target of 149.01. However, stock will show a bearish move below 142.4.
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 | 138.47 |
| Downside Intraday Target | 132.73 |
| Upside Intraday Target | 151.22 |
| Upside Intraday Target | 158.23 |
| Upside Intraday Target | 145.48 |
Weekly technical analysis of Welent (Welent)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri Feb 2023 | 144.20 | 141.60 | 152.50 | 139.75 | 2.005 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Welent (Welent)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Fri Feb 2023 | 144.20 | 150.25 | 152.50 | 140.30 | 0.191 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 | 19, 23, 10 | Sell |
| MACD | -5, -4 | Sell |
| Stochastics | 46 | None |
| CCI | -44 | Buy |
| RSI | 41 | Sell |
| OBV | -190247 | Sell |
| VWAP | 145 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Welent ( (Welent) ) based on a short term time period is
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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 144.84 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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