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

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

Showing technical analysis as on 2024-08-09 View latest technical analysis

10 day averaged volume of Wonder Electricals is 70585

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1514.80	1534.85	1545.70	1492.55	0.582 times
08 Thu Aug 2024	1503.20	1544.00	1544.00	1437.90	1.037 times
07 Wed Aug 2024	1496.30	1400.00	1496.75	1377.05	2.051 times
06 Tue Aug 2024	1360.70	1363.10	1434.90	1330.05	0.791 times
05 Mon Aug 2024	1369.85	1373.25	1386.95	1304.65	0.858 times
02 Fri Aug 2024	1373.30	1312.05	1377.00	1281.10	0.859 times
01 Thu Aug 2024	1313.30	1299.60	1313.75	1210.00	1.959 times
31 Wed Jul 2024	1251.20	1250.00	1258.65	1248.00	0.973 times
30 Tue Jul 2024	1249.80	1230.00	1264.80	1230.00	0.774 times
29 Mon Jul 2024	1233.70	1230.00	1249.00	1221.00	0.41 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 1567.6, for a target of 1409 or 1276.89

Share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Target	303.00
Downside Target	443.30
Downside Target	476.15
Downside Target	655.00
Downside Target	688.95
Downside Target	838.70
Downside Target	984.95
Downside Target	1016.95
Downside Target	1151.05
Downside Target	1210.00
Downside Target	1259.70
Downside Target	1304.65
Downside Target	1377.00
Upside Target	1545.70

Intraday share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Intraday Target	1364.4
Downside Intraday Target	1214
Upside Intraday Target	1605.45
Upside Intraday Target	1696.1
Downside Intraday Target	1455.05

Weekly technical analysis of Wonder Electricals (WEL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1514.80	1373.25	1545.70	1304.65	1.069 times
02 Fri Aug 2024	1373.30	1230.00	1377.00	1210.00	2.184 times
26 Fri Jul 2024	1229.30	1247.70	1270.00	1171.20	1.66 times
19 Fri Jul 2024	1230.90	993.95	1259.70	984.95	0.395 times
19 Fri Apr 2024	983.95	838.70	1016.95	838.70	2.315 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 Wonder Electricals (WEL)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1514.80	1299.60	1545.70	1210.00	1.466 times
31 Wed Jul 2024	1251.20	1187.95	1270.00	1151.05	0.807 times
22 Mon Apr 2024	1033.10	682.80	1033.10	655.00	1.257 times
28 Thu Mar 2024	682.25	482.00	688.95	443.30	1.482 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 Wonder Electricals (WEL)

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

MACD generated a BUY signal for Wonder Electricals 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.

Wonder Electricals 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Wonder Electricals 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 negative zone. This is the SELL zone

Stock of Wonder Electricals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1379.82 and Wonder Electricals (WEL) 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 Wonder Electricals (WEL) stock. Volume based technical analysis of Wonder Electricals (WEL) stock is negative.

Wonder Electricals 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.