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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 2024-11-06 View latest technical analysis

10 day averaged volume of Wonder Electricals is 33980

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	1606.45	1590.00	1644.85	1582.00	2.774 times
05 Tue Nov 2024	1567.70	1554.95	1639.95	1540.80	2.598 times
04 Mon Nov 2024	1540.80	1514.95	1564.60	1483.55	2.553 times
01 Fri Nov 2024	1506.95	1497.40	1529.30	1497.40	0.15 times
31 Thu Oct 2024	1497.40	1549.95	1624.90	1490.60	1.122 times
30 Wed Oct 2024	1521.60	1520.00	1548.95	1484.80	0.718 times
29 Tue Oct 2024	1488.25	1498.50	1525.95	1452.05	0.735 times
28 Mon Oct 2024	1463.40	1453.00	1500.00	1420.10	0.732 times
25 Fri Oct 2024	1477.30	1462.10	1479.95	1419.05	0.375 times
24 Thu Oct 2024	1469.85	1499.45	1515.00	1460.00	0.143 times

Stock of Wonder Electricals (WEL) has showed a significant upmove. This could be a good time to enter in this stock!

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 1595.5, for a target of 1550 or 1512.16

Share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Target	1151.05
Downside Target	1210.00
Downside Target	1270.00
Downside Target	1419.05
Downside Target	1459.00
Downside Target	1559.95
Downside Target	1569.00
Downside Target	1599.00
Upside Target	1619.90
Upside Target	1624.90
Upside Target	1644.85

Intraday share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Intraday Target	1511.72
Downside Intraday Target	1416.98
Upside Intraday Target	1673.02
Upside Intraday Target	1739.58
Downside Intraday Target	1578.28

Weekly technical analysis of Wonder Electricals (WEL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	1606.45	1514.95	1644.85	1483.55	2.293 times
01 Fri Nov 2024	1506.95	1453.00	1624.90	1420.10	1.357 times
25 Fri Oct 2024	1477.30	1549.95	1559.95	1419.05	0.374 times
18 Fri Oct 2024	1529.80	1569.90	1599.00	1459.00	0.791 times
11 Fri Oct 2024	1535.05	1449.95	1565.00	1286.15	2.139 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 Wonder Electricals (WEL)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	1606.45	1497.40	1644.85	1483.55	0.334 times
31 Thu Oct 2024	1497.40	1427.70	1624.90	1286.15	0.75 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 SELL signal in short term but selling 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 1545.44 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.