(WelspunI) Welspun I complete technical analysis [charts+indicators] | Buy/Sell Welspun I | (WelspunI) share price targets
Complete technical analysis of Welspun I (WelspunI) by charts plus indicators, forecast predictions and share price targets for Welspun I (WelspunI)
10 day averaged volume of Welspun I is 208475
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 149.90 | 152.30 | 154.80 | 149.00 | 1.039 times |
| 29 Mon Apr 2024 | 151.85 | 155.85 | 155.85 | 150.85 | 1.063 times |
| 26 Fri Apr 2024 | 153.05 | 158.05 | 159.50 | 152.25 | 1.111 times |
| 25 Thu Apr 2024 | 155.25 | 159.95 | 163.50 | 153.15 | 1.338 times |
| 24 Wed Apr 2024 | 159.25 | 162.25 | 163.40 | 158.35 | 2.451 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 148.8 as stoploss in an intra day buy trade for a target of 152.67. However, stock will show a bearish move below 148.8.
Share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Target | 132.95 |
| Downside Target | 139.25 |
| Downside Target | 144.95 |
| Upside Target | 155.85 |
| Upside Target | 158.50 |
| Upside Target | 159.40 |
| Upside Target | 160.00 |
| Upside Target | 163.50 |
| Upside Target | 165.55 |
| Upside Target | 168.05 |
| Upside Target | 171.70 |
Intraday share price targets for Welspun I (WelspunI)
| Target Type | Value |
| Downside Intraday Target | 147.32 |
| Downside Intraday Target | 144.73 |
| Upside Intraday Target | 154.17 |
| Upside Intraday Target | 158.43 |
| Upside Intraday Target | 151.58 |
Weekly technical analysis of Welspun I (WelspunI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 149.90 | 155.85 | 155.85 | 149.00 | 0.317 times |
| 26 Fri Apr 2024 | 153.05 | 147.70 | 163.50 | 147.45 | 2.596 times |
| 19 Fri Apr 2024 | 146.25 | 141.05 | 151.00 | 141.05 | 1.171 times |
| 12 Fri Apr 2024 | 151.70 | 156.00 | 160.00 | 150.80 | 0.415 times |
| 05 Fri Apr 2024 | 154.80 | 139.25 | 159.40 | 139.25 | 2.635 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 Welspun I (WelspunI)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 149.90 | 139.25 | 163.50 | 139.25 | 1.514 times |
| 28 Thu Mar 2024 | 137.65 | 155.20 | 158.50 | 132.95 | 0.492 times |
| 29 Thu Feb 2024 | 154.70 | 166.50 | 168.05 | 144.95 | 0.998 times |
| 31 Wed Jan 2024 | 163.30 | 146.35 | 171.70 | 133.20 | 1.149 times |
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Welspun I (WelspunI)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 22, 23, 2 | Sell |
| MACD | 2, 2 | Sell |
| Stochastics | 45 | None |
| CCI | -17 | Sell |
| RSI | 63 | Buy |
| OBV | -926355 | Sell |
| VWAP | 155 | Sell |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Welspun I ( (WelspunI) ) 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 Welspun I ( (WelspunI) ) 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 Welspun I ( (WelspunI) ) 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 Welspun I ( (WelspunI) ) based on a mid to longer term time period is
ADX buy sell signal for Welspun I stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Welspun I in short term but the sell signal is initial and weak.
Welspun I 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. Bears 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 coming down
CCI has generated a SELL signal for Welspun I in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 Welspun I is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 154.54 and Welspun I (WelspunI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Welspun I (WelspunI) stock. Volume based technical analysis of Welspun I (WelspunI) stock is negative.
Welspun I Stock is giving positive 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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