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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 46422

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 396.90 406.80 406.80 394.05 0.387 times
17 Fri May 2024 402.40 399.40 407.25 392.05 1.578 times
16 Thu May 2024 393.20 372.40 403.85 368.30 3.391 times
15 Wed May 2024 368.85 374.60 374.60 364.70 0.373 times
14 Tue May 2024 369.30 368.85 371.35 367.20 0.377 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 402.8, for a target of 383.5 or 367.36

Share price targets for Welent (Welent)

Target Type Value
Downside Target 270.05
Downside Target 304.35
Downside Target 316.90
Downside Target 339.40
Downside Target 347.30
Downside Target 373.70
Downside Target 382.70
Downside Target 386.90
Downside Target 394.05
Upside Target 406.80
Upside Target 407.25

Intraday share price targets for Welent (Welent)

Target Type Value
Downside Intraday Target 391.7
Downside Intraday Target 386.5
Upside Intraday Target 404.45
Upside Intraday Target 412
Upside Intraday Target 399.25

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 396.90 406.80 406.80 394.05 0.057 times
17 Fri May 2024 402.40 378.10 407.25 362.80 1.567 times
10 Fri May 2024 376.55 372.00 386.90 350.10 0.759 times
03 Fri May 2024 372.15 347.30 373.70 347.30 2.962 times
26 Fri Apr 2024 344.55 340.10 356.50 339.40 0.55 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 Welent (Welent)

Date Monthly Closing Price Open High Low Volume
20 Mon May 2024 396.90 366.55 407.25 350.10 1.01 times
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

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 29, 7, 61 Buy
MACD 27, 23Buy
Stochastics 85Buy
CCI 130Sell
RSI 62Buy
OBV 342867Sell
VWAP 384Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

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 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 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 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 coming down

CCI has generated a SELL signal for Welent in short term but SELL signal is weak.

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 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 384.13 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

Click here for further forecast and predictions for tomorrow

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