(Welcorp) Welcorp complete technical analysis [charts+indicators] | Buy/Sell Welcorp | (Welcorp) share price targets
Complete technical analysis of Welcorp (Welcorp) by charts plus indicators, forecast predictions and share price targets for Welcorp (Welcorp)
Showing technical analysis as on 2024-06-03 View latest technical analysis
10 day averaged volume of Welcorp is 53865
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 550.05 | 565.10 | 583.95 | 548.60 | 3.605 times |
| 31 Fri May 2024 | 549.45 | 584.50 | 584.50 | 545.00 | 3.02 times |
| 30 Thu May 2024 | 601.05 | 602.00 | 608.50 | 594.05 | 1.042 times |
| 29 Wed May 2024 | 600.20 | 594.00 | 604.50 | 588.50 | 0.332 times |
| 28 Tue May 2024 | 600.45 | 614.75 | 614.80 | 588.05 | 0.395 times |
| 27 Mon May 2024 | 607.20 | 612.65 | 625.00 | 604.00 | 0.786 times |
| 24 Fri May 2024 | 604.50 | 602.00 | 612.50 | 600.50 | 1.094 times |
| 23 Thu May 2024 | 603.20 | 609.95 | 609.95 | 596.50 | 0.188 times |
| 22 Wed May 2024 | 601.15 | 611.35 | 615.10 | 589.00 | 1.813 times |
| 21 Tue May 2024 | 610.60 | 636.95 | 636.95 | 606.35 | 1.025 times |
Stock of Welcorp (Welcorp) has showed a significant upmove. This could be a good time to enter in this stock!
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 547, for a target of 571.7 or 592.21
Share price targets for Welcorp (Welcorp)
| Target Type | Value |
| Downside Target | 470.00 |
| Downside Target | 507.75 |
| Downside Target | 537.75 |
| Upside Target | 559.85 |
| Upside Target | 583.95 |
| Upside Target | 592.05 |
| Upside Target | 605.60 |
| Upside Target | 625.00 |
| Upside Target | 631.95 |
| Upside Target | 636.95 |
Intraday share price targets for Welcorp (Welcorp)
| Target Type | Value |
| Downside Intraday Target | 537.78 |
| Downside Intraday Target | 525.52 |
| Upside Intraday Target | 573.13 |
| Upside Intraday Target | 596.22 |
| Upside Intraday Target | 560.87 |
Weekly technical analysis of Welcorp (Welcorp)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 550.05 | 565.10 | 583.95 | 548.60 | 0.647 times |
| 31 Fri May 2024 | 549.45 | 612.65 | 625.00 | 545.00 | 1.353 times |
| 24 Fri May 2024 | 604.50 | 636.95 | 636.95 | 589.00 | 0.61 times |
| 18 Sat May 2024 | 628.80 | 570.40 | 631.95 | 562.05 | 0.947 times |
| 10 Fri May 2024 | 555.45 | 604.80 | 605.60 | 537.75 | 0.996 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 Welcorp (Welcorp)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 550.05 | 565.10 | 583.95 | 548.60 | 0.12 times |
| 31 Fri May 2024 | 549.45 | 565.25 | 636.95 | 537.75 | 1.989 times |
| 30 Tue Apr 2024 | 564.25 | 527.35 | 592.05 | 517.65 | 1.119 times |
| 28 Thu Mar 2024 | 515.95 | 518.80 | 559.85 | 470.00 | 0.412 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 Welcorp (Welcorp)
Price action analysis of Welcorp ( (Welcorp) ) 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 Welcorp ( (Welcorp) ) 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 Welcorp ( (Welcorp) ) 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 Welcorp ( (Welcorp) ) 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 Welcorp stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Welcorp in short term but the sell signal is initial and weak.
Welcorp 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Welcorp 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Welcorp is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 576.9 and Welcorp (Welcorp) 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 Welcorp (Welcorp) stock. Volume based technical analysis of Welcorp (Welcorp) stock is negative.
Welcorp Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Welcorp ( (Welcorp) ) 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 Welcorp ( (Welcorp) ) 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 Welcorp ( (Welcorp) ) 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 Welcorp ( (Welcorp) ) 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 Welcorp stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Welcorp in short term but the sell signal is initial and weak.
Welcorp 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Welcorp 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Welcorp is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 576.9 and Welcorp (Welcorp) 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 Welcorp (Welcorp) stock. Volume based technical analysis of Welcorp (Welcorp) stock is negative.
Welcorp Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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