(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 2024-01-23 View latest technical analysis
10 day averaged volume of Welcon is 173541
Date | Daily Closing Price | Open | High | Low | Volume |
23 Tue Jan 2024 | 1.11 | 1.11 | 1.11 | 1.11 | 0.671 times |
15 Mon Jan 2024 | 1.06 | 1.06 | 1.06 | 1.06 | 1.144 times |
08 Mon Jan 2024 | 1.01 | 0.99 | 1.01 | 0.95 | 0.444 times |
01 Mon Jan 2024 | 0.97 | 0.95 | 0.97 | 0.91 | 0.614 times |
26 Tue Dec 2023 | 0.93 | 0.87 | 0.95 | 0.87 | 2.087 times |
18 Mon Dec 2023 | 0.91 | 0.91 | 0.91 | 0.91 | 0.945 times |
11 Mon Dec 2023 | 0.95 | 0.95 | 0.95 | 0.95 | 1.336 times |
04 Mon Dec 2023 | 1.00 | 1.00 | 1.00 | 1.00 | 0.821 times |
28 Tue Nov 2023 | 1.05 | 1.05 | 1.05 | 1.05 | 0.389 times |
20 Mon Nov 2023 | 1.10 | 1.10 | 1.10 | 1.10 | 0.588 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1 or till 0.7. Use a stoploss of 1.19 and if the stock hits stoploss, then it can shoot up till 1.4
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 |
Downside Target | 1.00 |
Downside Target | 1.05 |
Downside Target | 1.11 |
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 | 1.08 |
Downside Intraday Target | 1.04 |
Upside Intraday Target | 1.13 |
Upside Intraday Target | 1.14 |
Downside Intraday Target | 1.09 |
Weekly technical analysis of Welcon (Welcon)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Tue Jan 2024 | 1.11 | 1.06 | 1.11 | 1.06 | 4.091 times |
08 Mon Jan 2024 | 1.01 | 0.99 | 1.01 | 0.95 | 0.722 times |
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 |
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 Welcon (Welcon)
Date | Monthly Closing Price | Open | High | Low | Volume |
23 Tue Jan 2024 | 1.11 | 0.95 | 1.11 | 0.91 | 0.554 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 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 Welcon ( (Welcon) ) 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 Welcon ( (Welcon) ) based on a short to mid 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 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 BUY signal for Welcon in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Welcon Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Welcon in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 Welcon is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 0.99 and Welcon (Welcon) 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 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 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 Welcon ( (Welcon) ) 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 Welcon ( (Welcon) ) based on a short to mid 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 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 BUY signal for Welcon in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Welcon Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Welcon in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 Welcon is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 0.99 and Welcon (Welcon) 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 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.
Click here for further forecast and predictions for tomorrow