(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 48303
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Mar 2023 | 1.73 | 1.60 | 1.76 | 1.56 | 1.271 times |
| 28 Tue Mar 2023 | 1.69 | 1.79 | 1.79 | 1.66 | 0.67 times |
| 27 Mon Mar 2023 | 1.75 | 1.99 | 1.99 | 1.72 | 2.12 times |
| 24 Fri Mar 2023 | 1.93 | 1.99 | 1.99 | 1.91 | 0.206 times |
| 23 Thu Mar 2023 | 1.93 | 1.86 | 1.97 | 1.72 | 2.116 times |
| 22 Wed Mar 2023 | 1.86 | 2.02 | 2.02 | 1.78 | 1.872 times |
| 21 Tue Mar 2023 | 1.97 | 1.93 | 2.00 | 1.92 | 0.511 times |
| 20 Mon Mar 2023 | 1.90 | 1.82 | 1.90 | 1.76 | 0.418 times |
| 17 Fri Mar 2023 | 1.88 | 1.98 | 1.98 | 1.86 | 0.193 times |
| 16 Thu Mar 2023 | 1.85 | 2.04 | 2.04 | 1.80 | 0.695 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 1.7, for a target of 1.8 or 1.88
Share price targets for Welcon (Welcon)
| Target Type | Value |
| Downside Target | 1.56 |
| Downside Target | 1.70 |
| Upside Target | 1.76 |
| Upside Target | 1.82 |
| Upside Target | 1.99 |
| Upside Target | 2.05 |
| Upside Target | 2.08 |
| Upside Target | 2.33 |
| Upside Target | 2.49 |
| Upside Target | 2.64 |
| Upside Target | 2.70 |
Intraday share price targets for Welcon (Welcon)
| Target Type | Value |
| Downside Intraday Target | 1.53 |
| Downside Intraday Target | 1.33 |
| Upside Intraday Target | 1.96 |
| Upside Intraday Target | 2.19 |
| Upside Intraday Target | 1.76 |
Weekly technical analysis of Welcon (Welcon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Mar 2023 | 1.73 | 1.99 | 1.99 | 1.56 | 0.793 times |
| 24 Fri Mar 2023 | 1.93 | 1.82 | 2.02 | 1.72 | 0.977 times |
| 17 Fri Mar 2023 | 1.88 | 1.82 | 2.04 | 1.70 | 0.91 times |
| 10 Fri Mar 2023 | 1.94 | 1.93 | 2.08 | 1.85 | 0.59 times |
| 03 Fri Mar 2023 | 1.86 | 2.04 | 2.05 | 1.82 | 1.963 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 |
| 29 Wed Mar 2023 | 1.73 | 1.98 | 2.08 | 1.56 | 1 times |
| 28 Tue Feb 2023 | 1.92 | 2.29 | 2.33 | 1.76 | 0.548 times |
| 31 Tue Jan 2023 | 2.26 | 2.57 | 2.64 | 2.00 | 0.506 times |
| 30 Fri Dec 2022 | 2.49 | 2.12 | 2.70 | 1.82 | 2.164 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 26, 32, 9 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 19 | Sell |
| CCI | -164 | Sell |
| RSI | 44 | Sell |
| OBV | -363829 | Sell |
| VWAP | 2 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 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
Stock of Welcon is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.83 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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