(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)
10 day averaged volume of Welcorp is 85748
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 601.65 | 609.15 | 610.00 | 594.15 | 0.854 times |
| 15 Wed May 2024 | 599.40 | 597.00 | 609.45 | 592.15 | 0.378 times |
| 14 Tue May 2024 | 593.20 | 586.65 | 597.10 | 581.25 | 0.616 times |
| 13 Mon May 2024 | 584.10 | 570.40 | 587.90 | 562.05 | 1.531 times |
| 10 Fri May 2024 | 555.45 | 560.40 | 568.00 | 537.75 | 0.466 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 595.9, but if it comes below 595.9, then a intra day sell could be more profitable.
If you take a sell trade below 595.9, then use 595.9 as stoploss and 575.22 as target. However if you take a buy trade in stock , then use 595.9 as stoploss and 620.8 as target.
Share price targets for Welcorp (Welcorp)
| Target Type | Value |
| Downside Target | 470.00 |
| Downside Target | 507.75 |
| Downside Target | 559.85 |
| Downside Target | 589.70 |
| Downside Target | 592.05 |
| Upside Target | 605.60 |
| Upside Target | 610.00 |
| Upside Target | 612.20 |
| Upside Target | 614.25 |
| Upside Target | 625.00 |
Intraday share price targets for Welcorp (Welcorp)
| Target Type | Value |
| Downside Intraday Target | 572.47 |
| Downside Intraday Target | 543.28 |
| Upside Intraday Target | 620.42 |
| Upside Intraday Target | 639.18 |
| Downside Intraday Target | 591.23 |
Weekly technical analysis of Welcorp (Welcorp)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 601.65 | 570.40 | 610.00 | 562.05 | 0.754 times |
| 10 Fri May 2024 | 555.45 | 604.80 | 605.60 | 537.75 | 0.996 times |
| 03 Fri May 2024 | 600.65 | 575.00 | 614.25 | 563.00 | 1.77 times |
| 26 Fri Apr 2024 | 571.35 | 535.35 | 589.70 | 534.35 | 1.248 times |
| 19 Fri Apr 2024 | 528.20 | 535.00 | 568.60 | 517.65 | 1.358 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 |
| 16 Thu May 2024 | 601.65 | 565.25 | 614.25 | 537.75 | 1.255 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 |
| 29 Thu Feb 2024 | 510.40 | 581.55 | 625.00 | 507.75 | 0.661 times |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 31, 17, 29 | Buy |
| MACD | 19, 17 | Buy |
| Stochastics | 79 | Buy |
| CCI | 107 | Buy |
| RSI | 53 | Buy |
| OBV | -24520 | Sell |
| VWAP | 588 | Buy |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Welcorp in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Welcorp Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 587.52 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for further forecast and predictions for tomorrow
Stock Exchange charts NSE Stock Exchange BSE Stock Exchange USA Stock Exchange Stock Charts NSE FNO Stock Analysis
BSE Stock Exchange BSE stock market news BSE India intraday tips
MNC.News NASDAQ NSE BSE Money SIP
Munafa NEWSTerms of Use Create Support ticket Your support tickets Powered by ePowerPress Stock Market News! Top Seo SMO © iAmRobos.com2024 All Rights reserved.