(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 2024-06-12 View latest technical analysis
10 day averaged volume of Welcorp is 107732
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 539.55 | 526.65 | 543.80 | 523.35 | 0.217 times |
| 11 Tue Jun 2024 | 523.85 | 529.25 | 533.85 | 522.60 | 0.416 times |
| 10 Mon Jun 2024 | 528.60 | 532.30 | 536.10 | 514.35 | 0.917 times |
| 07 Fri Jun 2024 | 535.15 | 519.75 | 538.00 | 515.10 | 0.852 times |
| 06 Thu Jun 2024 | 511.30 | 537.15 | 537.15 | 496.05 | 0.507 times |
| 05 Wed Jun 2024 | 491.70 | 490.85 | 505.40 | 469.00 | 1.525 times |
| 04 Tue Jun 2024 | 469.45 | 555.45 | 555.50 | 441.00 | 1.784 times |
| 03 Mon Jun 2024 | 550.05 | 565.10 | 583.95 | 548.60 | 1.803 times |
| 31 Fri May 2024 | 549.45 | 584.50 | 584.50 | 545.00 | 1.51 times |
| 30 Thu May 2024 | 601.05 | 602.00 | 608.50 | 594.05 | 0.521 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 522.8 as stoploss in an intra day buy trade for a target of 568.35. However, stock will show a bearish move below 522.8.
Share price targets for Welcorp (Welcorp)
| Target Type | Value |
| Downside Target | 441.00 |
| Downside Target | 470.00 |
| Downside Target | 507.75 |
| Downside Target | 537.75 |
| Upside Target | 559.85 |
| Upside Target | 583.95 |
| Upside Target | 589.00 |
| Upside Target | 592.05 |
| 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 | 521.33 |
| Downside Intraday Target | 503.12 |
| Upside Intraday Target | 550.78 |
| Upside Intraday Target | 562.02 |
| Downside Intraday Target | 532.57 |
Weekly technical analysis of Welcorp (Welcorp)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 539.55 | 532.30 | 543.80 | 514.35 | 0.239 times |
| 07 Fri Jun 2024 | 535.15 | 565.10 | 583.95 | 441.00 | 2.321 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 |
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 |
| 12 Wed Jun 2024 | 539.55 | 565.10 | 583.95 | 441.00 | 0.534 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Welcorp ( (Welcorp) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Welcorp Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Welcorp in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Welcorp is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 522.96 and Welcorp (Welcorp) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Welcorp ( (Welcorp) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Welcorp Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Welcorp in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Welcorp is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 522.96 and Welcorp (Welcorp) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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