Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-23 View latest technical analysis

10 day averaged volume of Wonder Electricals is 58398

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	1537.50	1525.00	1558.30	1470.10	0.982 times
20 Fri Sep 2024	1527.05	1399.00	1527.15	1388.10	3.949 times
19 Thu Sep 2024	1388.35	1390.00	1399.00	1365.55	0.807 times
18 Wed Sep 2024	1368.40	1380.30	1399.95	1350.10	0.239 times
17 Tue Sep 2024	1396.90	1429.00	1429.00	1345.00	1.002 times
16 Mon Sep 2024	1396.05	1380.00	1400.00	1330.05	0.587 times
13 Fri Sep 2024	1353.90	1386.95	1399.95	1343.20	0.387 times
12 Thu Sep 2024	1359.95	1394.00	1408.60	1350.05	0.991 times
11 Wed Sep 2024	1392.45	1384.00	1430.60	1362.00	0.739 times
10 Tue Sep 2024	1370.65	1323.35	1375.05	1315.15	0.878 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 1512.4, for a target of 1449.6 or 1397.16

Share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Target	443.30
Downside Target	655.00
Downside Target	688.95
Downside Target	1033.10
Downside Target	1151.05
Downside Target	1210.00
Downside Target	1270.00
Downside Target	1310.00
Downside Target	1430.60
Downside Target	1523.35
Downside Target	1527.15
Upside Target	1558.30
Upside Target	1619.90

Intraday share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Intraday Target	1485.63
Downside Intraday Target	1433.77
Upside Intraday Target	1573.83
Upside Intraday Target	1610.17
Downside Intraday Target	1521.97

Weekly technical analysis of Wonder Electricals (WEL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	1537.50	1525.00	1558.30	1470.10	0.149 times
20 Fri Sep 2024	1527.05	1380.00	1527.15	1330.05	1.928 times
13 Fri Sep 2024	1353.90	1317.30	1430.60	1310.00	1.06 times
06 Fri Sep 2024	1354.35	1450.00	1451.80	1345.05	0.215 times
30 Fri Aug 2024	1435.80	1523.35	1523.35	1350.00	1.654 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
23 Mon Sep 2024	1537.50	1450.00	1558.30	1310.00	0.372 times
30 Fri Aug 2024	1435.80	1299.60	1619.90	1210.00	5.696 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

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 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 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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1449.75 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.