(Welcon) Welcon complete technical analysis [charts+indicators] | Buy/Sell Welcon | (Welcon) share price targets
Complete technical analysis of Welcon (Welcon) by charts plus indicators, forecast predictions and share price targets for Welcon (Welcon)
Showing technical analysis as on 2023-11-28 View latest technical analysis
10 day averaged volume of Welcon is 94795
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue Nov 2023 | 1.05 | 1.05 | 1.05 | 1.05 | 0.713 times |
| 20 Mon Nov 2023 | 1.10 | 1.10 | 1.10 | 1.10 | 1.077 times |
| 13 Mon Nov 2023 | 1.15 | 1.15 | 1.15 | 1.15 | 2.985 times |
| 06 Mon Nov 2023 | 1.21 | 1.21 | 1.21 | 1.21 | 0.709 times |
| 30 Mon Oct 2023 | 1.27 | 1.27 | 1.27 | 1.27 | 0.481 times |
| 23 Mon Oct 2023 | 1.33 | 1.33 | 1.33 | 1.33 | 1.72 times |
| 16 Mon Oct 2023 | 1.39 | 1.49 | 1.49 | 1.39 | 0.384 times |
| 28 Thu Sep 2023 | 1.46 | 1.45 | 1.54 | 1.40 | 1.39 times |
| 27 Wed Sep 2023 | 1.47 | 1.38 | 1.51 | 1.38 | 0.247 times |
| 26 Tue Sep 2023 | 1.45 | 1.52 | 1.52 | 1.42 | 0.632 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1, for a target of 1.2 or 1.41
Share price targets for Welcon (Welcon)
| Target Type | Value |
| Downside Target | 1.05 |
| Upside Target | 1.10 |
| Upside Target | 1.15 |
| Upside Target | 1.21 |
| Upside Target | 1.27 |
| Upside Target | 1.33 |
| Upside Target | 1.38 |
| Upside Target | 1.42 |
| Upside Target | 1.47 |
| Upside Target | 1.49 |
| Upside Target | 1.64 |
| Upside Target | 1.85 |
Intraday share price targets for Welcon (Welcon)
| Target Type | Value |
| Downside Intraday Target | 1.03 |
| Downside Intraday Target | 1.02 |
| Upside Intraday Target | 1.08 |
| Upside Intraday Target | 1.12 |
| Upside Intraday Target | 1.07 |
Weekly technical analysis of Welcon (Welcon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue Nov 2023 | 1.05 | 1.10 | 1.10 | 1.05 | 0.599 times |
| 13 Mon Nov 2023 | 1.15 | 1.15 | 1.15 | 1.15 | 4.211 times |
| 06 Mon Nov 2023 | 1.21 | 1.21 | 1.21 | 1.21 | 1.474 times |
| 30 Mon Oct 2023 | 1.27 | 1.27 | 1.27 | 1.27 | 0.28 times |
| 23 Mon Oct 2023 | 1.33 | 1.33 | 1.33 | 1.33 | 4.479 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 Welcon (Welcon)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Tue Nov 2023 | 1.05 | 1.21 | 1.21 | 1.05 | 2.122 times |
| 30 Mon Oct 2023 | 1.27 | 1.49 | 1.49 | 1.27 | 0.185 times |
| 28 Thu Sep 2023 | 1.46 | 1.58 | 1.64 | 1.38 | 1.014 times |
| 31 Thu Aug 2023 | 1.54 | 1.71 | 1.85 | 1.47 | 0.927 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Welcon (Welcon)
Price action analysis of Welcon ( (Welcon) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Welcon ( (Welcon) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Welcon ( (Welcon) ) 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 Welcon ( (Welcon) ) based on a mid to longer 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.
ADX buy sell signal for Welcon stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Welcon in short term and the sell signal is strong.
Welcon 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 SELL signal for Welcon in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 Welcon is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.25 and Welcon (Welcon) 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 Welcon (Welcon) stock. Volume based technical analysis of Welcon (Welcon) stock is negative.
Welcon 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.
Price action analysis of Welcon ( (Welcon) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Welcon ( (Welcon) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Welcon ( (Welcon) ) 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 Welcon ( (Welcon) ) based on a mid to longer 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.
ADX buy sell signal for Welcon stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Welcon in short term and the sell signal is strong.
Welcon 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 SELL signal for Welcon in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 Welcon is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.25 and Welcon (Welcon) 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 Welcon (Welcon) stock. Volume based technical analysis of Welcon (Welcon) stock is negative.
Welcon 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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