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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 2023-02-06 View latest technical analysis

10 day averaged volume of Welent is 44632

Date Daily Closing Price Open High Low Volume
06 Mon Feb 2023 145.35 144.20 147.50 144.20 0.467 times
03 Fri Feb 2023 144.20 141.90 145.85 141.10 1.204 times
02 Thu Feb 2023 144.10 143.90 145.45 140.30 1.433 times
01 Wed Feb 2023 142.95 150.25 152.50 140.75 2.3 times
31 Tue Jan 2023 145.10 141.25 146.75 140.25 0.855 times
30 Mon Jan 2023 141.60 141.60 144.55 139.75 0.389 times
27 Fri Jan 2023 140.40 146.00 146.95 136.40 0.809 times
25 Wed Jan 2023 145.20 151.10 151.10 143.80 0.779 times
24 Tue Jan 2023 150.60 151.00 152.50 149.95 0.592 times
23 Mon Jan 2023 150.75 147.55 152.35 145.65 0.902 times

My analysis of stock is bearish for shortterm, and stock might move down till 142.5 or till 135.8. Use a stoploss of 148.02 and if the stock hits stoploss, then it can shoot up till 153.56

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 151.45
Upside Target 152.50
Upside Target 159.00
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 143.87
Downside Intraday Target 142.38
Upside Intraday Target 147.17
Upside Intraday Target 148.98
Upside Intraday Target 145.68

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
06 Mon Feb 2023 145.35 144.20 147.50 144.20 0.076 times
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

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
06 Mon Feb 2023 145.35 150.25 152.50 140.30 0.209 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 up 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 20, 22, 3 Sell
MACD -5, -4Sell
Stochastics 51None
CCI 12Buy
RSI 39Sell
OBV -210892Sell
VWAP 145Buy
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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. Bulls 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 and BUY signal is strong.

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

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 144.68 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.

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Daily charts

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Daily chart

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