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(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)

10 day averaged volume of Welcon is 95023

Date Daily Closing Price Open High Low Volume
08 Mon Apr 2024 1.02 0.97 1.07 0.97 1.616 times
01 Mon Apr 2024 1.02 1.07 1.07 1.02 0.439 times
26 Tue Mar 2024 1.07 1.08 1.08 1.07 0.112 times
18 Mon Mar 2024 1.12 1.12 1.22 1.12 0.34 times
11 Mon Mar 2024 1.17 1.17 1.26 1.17 0.913 times
04 Mon Mar 2024 1.23 1.23 1.32 1.23 1.418 times
26 Mon Feb 2024 1.29 1.29 1.35 1.23 1.865 times
19 Mon Feb 2024 1.29 1.19 1.31 1.19 1.228 times
12 Mon Feb 2024 1.25 1.27 1.27 1.21 1.276 times
05 Mon Feb 2024 1.21 1.18 1.21 1.16 1.347 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 1 as stoploss in an intra day buy trade for a target of 1.09. However, stock will show a bearish move below 1.

Share price targets for Welcon (Welcon)

Target Type Value
Downside Target 0.87
Downside Target 0.91
Downside Target 0.97
Downside Target 1.00
Downside Target 1.02
Upside Target 1.07
Upside Target 1.16
Upside Target 1.22
Upside Target 1.23
Upside Target 1.26
Upside Target 1.32
Upside Target 1.35

Intraday share price targets for Welcon (Welcon)

Target Type Value
Downside Intraday Target 0.97
Downside Intraday Target 0.92
Upside Intraday Target 1.07
Upside Intraday Target 1.12
Downside Intraday Target 1.02

Weekly technical analysis of Welcon (Welcon)

Date Weekly Closing Price Open High Low Volume
08 Mon Apr 2024 1.02 0.97 1.07 0.97 3.682 times
01 Mon Apr 2024 1.02 1.07 1.07 1.02 0.971 times
26 Tue Mar 2024 1.07 1.12 1.22 1.07 0.495 times
11 Mon Mar 2024 1.17 1.17 1.26 1.17 0.644 times
04 Mon Mar 2024 1.23 1.23 1.32 1.23 0.76 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Welcon (Welcon)

Date Monthly Closing Price Open High Low Volume
08 Mon Apr 2024 1.02 1.07 1.07 0.97 0.738 times
26 Tue Mar 2024 1.07 1.23 1.32 1.07 0.487 times
26 Mon Feb 2024 1.29 1.18 1.35 1.16 0.906 times
29 Mon Jan 2024 1.16 0.95 1.16 0.91 0.666 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 Welcon (Welcon)

Price action analysis of Welcon ( (Welcon) ) 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 Welcon ( (Welcon) ) 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 Welcon ( (Welcon) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 getting stronger in this stock.

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 but selling is losing 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 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 1.2 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 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 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 Welcon ( (Welcon) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 getting stronger in this stock.

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 but selling is losing 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 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 1.2 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.

Click here for Welcon charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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