(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 2024-06-06 View latest technical analysis
10 day averaged volume of Welcorp is 92005
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 511.30 | 537.15 | 537.15 | 496.05 | 0.593 times |
| 05 Wed Jun 2024 | 491.70 | 490.85 | 505.40 | 469.00 | 1.785 times |
| 04 Tue Jun 2024 | 469.45 | 555.45 | 555.50 | 441.00 | 2.089 times |
| 03 Mon Jun 2024 | 550.05 | 565.10 | 583.95 | 548.60 | 2.111 times |
| 31 Fri May 2024 | 549.45 | 584.50 | 584.50 | 545.00 | 1.768 times |
| 30 Thu May 2024 | 601.05 | 602.00 | 608.50 | 594.05 | 0.61 times |
| 29 Wed May 2024 | 600.20 | 594.00 | 604.50 | 588.50 | 0.195 times |
| 28 Tue May 2024 | 600.45 | 614.75 | 614.80 | 588.05 | 0.231 times |
| 27 Mon May 2024 | 607.20 | 612.65 | 625.00 | 604.00 | 0.46 times |
| 24 Fri May 2024 | 604.50 | 602.00 | 612.50 | 600.50 | 0.64 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 536.2, but if it comes above 536.2, then a intra day buy could be more profitable.
If you take a sell trade below 536.2, then use 536.2 as stoploss and 485.4 as target. However if you take a buy trade in stock , then use 536.2 as stoploss and 578.6 as target.
Share price targets for Welcorp (Welcorp)
| Target Type | Value |
| Downside Target | 441.00 |
| Downside Target | 470.00 |
| Downside Target | 507.75 |
| Upside 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 | 440.22 |
| Downside Intraday Target | 369.13 |
| Upside Intraday Target | 583.17 |
| Upside Intraday Target | 655.03 |
| Upside Intraday Target | 512.08 |
Weekly technical analysis of Welcorp (Welcorp)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 511.30 | 565.10 | 583.95 | 441.00 | 2.015 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Welcorp (Welcorp)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 511.30 | 565.10 | 583.95 | 441.00 | 0.374 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 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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the sell signal is strong.
Welcorp 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 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 but selling is losing 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 532.6 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 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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the sell signal is strong.
Welcorp 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 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 but selling is losing 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 532.6 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 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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