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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 2024-10-09 View latest technical analysis

10 day averaged volume of Wonder Electricals is 39642

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	1404.30	1380.00	1438.90	1286.15	1.699 times
08 Tue Oct 2024	1345.70	1320.00	1376.90	1308.00	0.227 times
07 Mon Oct 2024	1331.85	1449.95	1449.95	1320.00	0.524 times
04 Fri Oct 2024	1428.25	1358.10	1447.95	1320.00	1.18 times
03 Thu Oct 2024	1358.10	1409.65	1409.65	1345.50	0.731 times
01 Tue Oct 2024	1409.65	1427.70	1427.70	1385.00	0.618 times
30 Mon Sep 2024	1407.70	1524.90	1525.00	1400.00	0.915 times
27 Fri Sep 2024	1506.10	1474.80	1519.90	1411.35	2.23 times
26 Thu Sep 2024	1474.80	1520.00	1520.00	1465.00	0.719 times
25 Wed Sep 2024	1503.55	1494.75	1513.40	1463.10	0.899 times

My analysis of stock is bearish for shortterm, and stock might move down till 1356.2 or till 1280.1. Use a stoploss of 1419.54 and if the stock hits stoploss, then it can shoot up till 1482.9

Share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Target	655.00
Downside Target	1033.10
Downside Target	1151.05
Downside Target	1210.00
Downside Target	1270.00
Upside Target	1411.35
Upside Target	1449.95
Upside Target	1525.00
Upside Target	1527.15
Upside Target	1569.00
Upside Target	1619.90

Intraday share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Intraday Target	1310.32
Downside Intraday Target	1216.33
Upside Intraday Target	1474.12
Upside Intraday Target	1543.93
Downside Intraday Target	1380.13

Weekly technical analysis of Wonder Electricals (WEL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	1404.30	1449.95	1449.95	1286.15	0.711 times
04 Fri Oct 2024	1428.25	1524.90	1525.00	1320.00	0.475 times
27 Fri Sep 2024	1506.10	1525.00	1569.00	1411.35	0.748 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

Price has moved down 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 Wed Oct 2024	1404.30	1427.70	1449.95	1286.15	0.18 times
30 Mon Sep 2024	1407.70	1450.00	1569.00	1310.00	0.491 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

Scroll below to view daily charts

Price has moved down 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 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 Wonder Electricals ( (WEL) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL signal for Wonder Electricals in short term but the sell signal is initial and weak.

Wonder Electricals 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Wonder Electricals 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 positive zone. This is a BUY 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 1436.79 and Wonder Electricals (WEL) 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 Wonder Electricals (WEL) stock. Volume based technical analysis of Wonder Electricals (WEL) stock is negative.

Wonder Electricals 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.