(Welcon) Welcon complete technical analysis [charts+indicators] | Buy/Sell Welcon | (Welcon) share price targets
Complete technical analysis of Welcon (Welcon) by charts plus indicators, forecast predictions and share price targets for Welcon (Welcon)
Showing technical analysis as on 2024-01-01 View latest technical analysis
10 day averaged volume of Welcon is 162905
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Mon Jan 2024 | 0.97 | 0.95 | 0.97 | 0.91 | 0.654 times |
| 26 Tue Dec 2023 | 0.93 | 0.87 | 0.95 | 0.87 | 2.223 times |
| 18 Mon Dec 2023 | 0.91 | 0.91 | 0.91 | 0.91 | 1.007 times |
| 11 Mon Dec 2023 | 0.95 | 0.95 | 0.95 | 0.95 | 1.424 times |
| 04 Mon Dec 2023 | 1.00 | 1.00 | 1.00 | 1.00 | 0.875 times |
| 28 Tue Nov 2023 | 1.05 | 1.05 | 1.05 | 1.05 | 0.415 times |
| 20 Mon Nov 2023 | 1.10 | 1.10 | 1.10 | 1.10 | 0.627 times |
| 13 Mon Nov 2023 | 1.15 | 1.15 | 1.15 | 1.15 | 1.737 times |
| 06 Mon Nov 2023 | 1.21 | 1.21 | 1.21 | 1.21 | 0.413 times |
| 30 Mon Oct 2023 | 1.27 | 1.27 | 1.27 | 1.27 | 0.28 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1, but if it comes above 1, then a intra day buy could be more profitable.
If you take a sell trade below 1, then use 1 as stoploss and 0.8 as target. However if you take a buy trade in stock , then use 1 as stoploss and 1.26 as target.
Share price targets for Welcon (Welcon)
| Target Type | Value |
| Downside Target | 0.87 |
| Downside Target | 0.91 |
| Downside Target | 0.95 |
| Downside Target | 0.97 |
| Upside Target | 1.00 |
| Upside Target | 1.05 |
| Upside Target | 1.10 |
| Upside Target | 1.21 |
| Upside Target | 1.27 |
| Upside Target | 1.38 |
| Upside Target | 1.49 |
| Upside Target | 1.64 |
Intraday share price targets for Welcon (Welcon)
| Target Type | Value |
| Downside Intraday Target | 0.93 |
| Downside Intraday Target | 0.89 |
| Upside Intraday Target | 0.99 |
| Upside Intraday Target | 1.01 |
| Downside Intraday Target | 0.95 |
Weekly technical analysis of Welcon (Welcon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Mon Jan 2024 | 0.97 | 0.95 | 0.97 | 0.91 | 0.203 times |
| 26 Tue Dec 2023 | 0.93 | 0.91 | 0.95 | 0.87 | 2.269 times |
| 11 Mon Dec 2023 | 0.95 | 0.95 | 0.95 | 0.95 | 1.628 times |
| 04 Mon Dec 2023 | 1.00 | 1.00 | 1.00 | 1.00 | 0.84 times |
| 28 Tue Nov 2023 | 1.05 | 1.10 | 1.10 | 1.05 | 0.599 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 Welcon (Welcon)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Mon Jan 2024 | 0.97 | 0.95 | 0.97 | 0.91 | 0.118 times |
| 26 Tue Dec 2023 | 0.93 | 1.00 | 1.00 | 0.87 | 1.732 times |
| 28 Tue Nov 2023 | 1.05 | 1.21 | 1.21 | 1.05 | 2.122 times |
| 30 Mon Oct 2023 | 1.27 | 1.49 | 1.49 | 1.27 | 0.185 times |
Scroll below to view daily charts
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 Welcon (Welcon)
Price action analysis of Welcon ( (Welcon) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Welcon ( (Welcon) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Welcon ( (Welcon) ) 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 Welcon ( (Welcon) ) based on a mid to longer 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.
ADX buy sell signal for Welcon stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Welcon in short term and the sell signal is strong.
Welcon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Welcon in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Welcon is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.02 and Welcon (Welcon) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Welcon (Welcon) stock. Volume based technical analysis of Welcon (Welcon) stock is negative.
Welcon Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Welcon ( (Welcon) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Welcon ( (Welcon) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Welcon ( (Welcon) ) 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 Welcon ( (Welcon) ) based on a mid to longer 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.
ADX buy sell signal for Welcon stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Welcon in short term and the sell signal is strong.
Welcon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Welcon in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Welcon is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.02 and Welcon (Welcon) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Welcon (Welcon) stock. Volume based technical analysis of Welcon (Welcon) stock is negative.
Welcon Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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