(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 2024-06-19 View latest technical analysis
10 day averaged volume of Welcorp is 101235
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Wed Jun 2024 | 529.15 | 547.00 | 547.00 | 527.15 | 0.219 times |
| 18 Tue Jun 2024 | 539.80 | 539.25 | 549.95 | 538.00 | 0.736 times |
| 14 Fri Jun 2024 | 542.50 | 548.20 | 556.95 | 533.00 | 1.324 times |
| 13 Thu Jun 2024 | 542.50 | 548.20 | 556.95 | 533.00 | 1.324 times |
| 12 Wed Jun 2024 | 539.55 | 526.65 | 543.80 | 523.35 | 0.23 times |
| 11 Tue Jun 2024 | 523.85 | 529.25 | 533.85 | 522.60 | 0.443 times |
| 10 Mon Jun 2024 | 528.60 | 532.30 | 536.10 | 514.35 | 0.976 times |
| 07 Fri Jun 2024 | 535.15 | 519.75 | 538.00 | 515.10 | 0.906 times |
| 06 Thu Jun 2024 | 511.30 | 537.15 | 537.15 | 496.05 | 0.539 times |
| 05 Wed Jun 2024 | 491.70 | 490.85 | 505.40 | 469.00 | 1.622 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 513.2 as stoploss in an intra day buy trade for a target of 553.54. However, stock will show a bearish move below 513.2.
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 | 583.95 |
| Upside Target | 589.00 |
| Upside Target | 592.05 |
| Upside Target | 625.00 |
| Upside Target | 636.95 |
Intraday share price targets for Welcorp (Welcorp)
| Target Type | Value |
| Downside Intraday Target | 520.88 |
| Downside Intraday Target | 512.62 |
| Upside Intraday Target | 543.68 |
| Upside Intraday Target | 558.22 |
| Upside Intraday Target | 535.42 |
Weekly technical analysis of Welcorp (Welcorp)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Wed Jun 2024 | 529.15 | 539.25 | 549.95 | 527.15 | 0.222 times |
| 14 Fri Jun 2024 | 542.50 | 532.30 | 556.95 | 514.35 | 0.624 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 |
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 Welcorp (Welcorp)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Wed Jun 2024 | 529.15 | 565.10 | 583.95 | 441.00 | 0.76 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Welcorp stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Welcorp in short term and the sell signal is strong.
Welcorp Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 Welcorp in short term but SELL 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 526.48 and Welcorp (Welcorp) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Welcorp (Welcorp) stock. Volume based technical analysis of Welcorp (Welcorp) stock is negative.
Welcorp Stock is giving positive 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Welcorp stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Welcorp in short term and the sell signal is strong.
Welcorp Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 Welcorp in short term but SELL 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 526.48 and Welcorp (Welcorp) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Welcorp (Welcorp) stock. Volume based technical analysis of Welcorp (Welcorp) stock is negative.
Welcorp Stock is giving positive 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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