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(Welent) Welent complete technical analysis [charts+indicators] | Buy/Sell Welent | (Welent) share price targets

Complete technical analysis of Welent (Welent) by charts plus indicators, forecast predictions and share price targets for Welent (Welent)

10 day averaged volume of Welent is 38813

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 365.60 365.45 369.75 355.95 1.428 times
29 Mon Apr 2024 364.75 347.30 371.60 347.30 2.485 times
26 Fri Apr 2024 344.55 349.85 349.85 342.05 0.205 times
25 Thu Apr 2024 345.00 349.55 349.55 342.30 0.756 times
24 Wed Apr 2024 350.50 350.45 355.60 348.15 0.586 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 370.3, for a target of 350.6 or 334.15

Share price targets for Welent (Welent)

Target Type Value
Downside Target 270.05
Downside Target 298.55
Downside Target 331.25
Downside Target 347.30
Downside Target 347.45
Downside Target 350.00
Downside Target 352.00
Downside Target 356.50
Upside Target 368.75
Upside Target 371.60
Upside Target 382.70

Intraday share price targets for Welent (Welent)

Target Type Value
Downside Intraday Target 351.4
Downside Intraday Target 337.2
Upside Intraday Target 375.7
Upside Intraday Target 385.8
Downside Intraday Target 361.5

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 365.60 347.30 371.60 347.30 1.691 times
26 Fri Apr 2024 344.55 340.10 356.50 339.40 0.55 times
19 Fri Apr 2024 342.70 321.95 352.00 310.85 1.583 times
12 Fri Apr 2024 324.25 334.35 334.35 315.00 0.758 times
05 Fri Apr 2024 327.95 307.25 331.25 307.25 1.272 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Welent (Welent)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 365.60 307.25 371.60 307.25 1.086 times
28 Thu Mar 2024 304.95 337.60 347.45 270.05 0.419 times
29 Thu Feb 2024 314.40 359.75 382.70 304.35 1.488 times
31 Wed Jan 2024 354.65 330.95 368.75 316.90 1.498 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 Welent (Welent)

Indicator Name Indicator Value Indicator Signal
ADX 34, 10, 53 Buy
MACD 17, 12Buy
Stochastics 84Buy
CCI 150Buy
RSI 55Buy
OBV 362135Sell
VWAP 351Buy
ADL 0Sell
ROC 15Buy
Force Index 0Sell

Price action analysis of Welent ( (Welent) ) 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 Welent ( (Welent) ) 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 Welent ( (Welent) ) 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 Welent ( (Welent) ) 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 Welent stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Welent 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.

Welent 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 Welent 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 Welent is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 351.42 and Welent (Welent) 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 Welent (Welent) stock. Volume based technical analysis of Welent (Welent) stock is negative.

Welent 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.

Click here for Welent charts

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