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

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

Showing technical analysis as on 2024-08-27 View latest technical analysis

10 day averaged volume of Welterman I is 900

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	25.66	25.66	25.66	25.66	1.951 times
26 Mon Aug 2024	27.01	27.01	27.01	24.46	5.473 times
23 Fri Aug 2024	25.73	25.73	25.73	25.73	0.333 times
22 Thu Aug 2024	24.51	24.51	24.51	24.51	0.182 times
21 Wed Aug 2024	23.35	23.35	23.35	23.35	0.017 times
20 Tue Aug 2024	22.24	20.14	22.24	20.14	0.582 times
19 Mon Aug 2024	21.19	21.00	21.19	21.00	2.804 times
16 Fri Aug 2024	20.19	20.19	20.19	20.19	0.087 times
14 Wed Aug 2024	19.23	19.23	19.23	19.23	0.028 times
13 Tue Aug 2024	18.32	18.32	18.32	18.32	0.001 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 23.5, but if it comes below 23.5, then a intra day sell could be more profitable.
If you take a sell trade below 23.5, then use 23.5 as stoploss and 20.02 as target. However if you take a buy trade in stock , then use 23.5 as stoploss and 27.6 as target.

Share price targets for Welterman I (WeltermanI)

Target Type	Value
Downside Target	12.80
Downside Target	15.44
Downside Target	15.83
Downside Target	16.62
Downside Target	17.45
Downside Target	18.45
Downside Target	19.55
Downside Target	20.14
Downside Target	21.51
Downside Target	22.64
Downside Target	24.46
Upside Target	25.73
Upside Target	27.01
Upside Target	27.72

Intraday share price targets for Welterman I (WeltermanI)

Target Type	Value
Downside Intraday Target	24.41
Downside Intraday Target	23.16
Upside Intraday Target	26.96
Upside Intraday Target	28.26
Upside Intraday Target	25.71

Weekly technical analysis of Welterman I (WeltermanI)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	25.66	27.01	27.01	24.46	1.895 times
23 Fri Aug 2024	25.73	21.00	25.73	20.14	6.424 times
16 Fri Aug 2024	20.19	17.45	20.19	17.45	2.346 times
09 Fri Aug 2024	16.62	15.83	16.62	15.83	0.217 times
26 Fri Jul 2024	16.66	18.27	18.45	16.66	2.456 times

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

Monthly technical analysis of Welterman I (WeltermanI)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	25.66	16.62	27.01	16.62	1.794 times
30 Tue Jul 2024	15.83	21.50	21.51	15.83	59.376 times
18 Tue Jun 2024	22.64	22.64	22.64	22.64	0.003 times
27 Mon May 2024	23.83	17.76	27.72	15.44	1.856 times

Scroll below to view daily charts

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

Indicators analysis of Welterman I (WeltermanI)

Price action analysis of Welterman I ( (WeltermanI) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a BUY signal for Welterman I 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.

Welterman I 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 green color and prices are above the green cloud Prices appear to be coming down

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

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 Welterman 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 24.96 and Welterman I (WeltermanI) 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 Welterman I (WeltermanI) stock. Volume based technical analysis of Welterman I (WeltermanI) stock is negative.

Welterman 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.