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(WELCORP) Welspun Corp complete technical analysis [charts+indicators] | Buy/Sell Welspun Corp | (WELCORP) share price targets

Complete technical analysis of Welspun Corp (WELCORP) by charts plus indicators, forecast predictions and share price targets for Welspun Corp (WELCORP)

Welspun Corp trades in NSE in Construction & Engineering sector.

10 day averaged volume of Welspun Corp is 1704702

Date Daily Closing Price Open High Low Volume
12 Fri Aug 2022 212.05 207.85 214.50 207.20 0.492 times
11 Thu Aug 2022 208.05 207.55 209.00 205.50 0.463 times
10 Wed Aug 2022 205.20 210.90 211.95 205.00 0.577 times
08 Mon Aug 2022 210.90 206.00 214.00 202.45 0.838 times
05 Fri Aug 2022 206.45 209.05 210.45 203.00 2.098 times
04 Thu Aug 2022 220.70 225.00 230.75 218.00 0.726 times
03 Wed Aug 2022 224.05 227.00 228.00 221.70 0.48 times
02 Tue Aug 2022 226.70 232.80 234.45 225.20 0.624 times
01 Mon Aug 2022 233.50 227.60 236.45 226.75 1.691 times
30 Sat Jul 2022 226.00 214.00 227.65 213.50 2.004 times

My analysis of stock is bearish for shortterm, and stock might move down till 206.8 or till 197.7. Use a stoploss of 214.35 and if the stock hits stoploss, then it can shoot up till 221.92

Share price targets for Welspun Corp (WELCORP)

Target Type Value
Downside Target 159.75
Downside Target 168.00
Downside Target 183.05
Downside Target 202.45
Upside Target 214.50
Upside Target 219.90
Upside Target 226.00
Upside Target 227.65
Upside Target 229.00
Upside Target 236.45
Upside Target 239.85
Upside Target 250.65

Intraday share price targets for Welspun Corp (WELCORP)

Target Type Value
Downside Intraday Target 204.83
Downside Intraday Target 197.62
Upside Intraday Target 216.88
Upside Intraday Target 221.72
Downside Intraday Target 209.67

Weekly technical analysis of Welspun Corp (WELCORP)

Date Weekly Closing Price Open High Low Volume
12 Fri Aug 2022 212.05 206.00 214.50 202.45 0.422 times
05 Fri Aug 2022 206.45 227.60 236.45 203.00 1.367 times
30 Sat Jul 2022 226.00 209.00 227.65 205.60 1.569 times
22 Fri Jul 2022 210.10 211.60 219.90 207.25 0.984 times
15 Fri Jul 2022 209.45 218.90 226.00 206.40 1.078 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 Welspun Corp (WELCORP)

Date Monthly Closing Price Open High Low Volume
12 Fri Aug 2022 212.05 227.60 236.45 202.45 0.645 times
30 Sat Jul 2022 226.00 217.00 229.00 205.45 0.651 times
30 Thu Jun 2022 218.85 226.00 239.85 183.05 0.466 times
31 Tue May 2022 226.30 202.10 250.65 159.75 1.295 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 Welspun Corp (WELCORP)

Indicator Name Indicator Value Indicator Signal
ADX 24, 22, 5 Buy
MACD -1, 1Sell
Stochastics 18Sell
CCI -45Buy
RSI 55Buy
OBV -2298528Sell
VWAP 219Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Welspun Corp ( (WELCORP) ) based on a short 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 Welspun Corp ( (WELCORP) ) 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 Welspun Corp ( (WELCORP) ) 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 Welspun Corp ( (WELCORP) ) based on a mid to longer term time period is

ADX buy sell signal for Welspun Corp stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Welspun Corp in short term and the sell signal is strong.

Welspun Corp 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Welspun Corp in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Welspun Corp is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 218.74 and Welspun Corp (WELCORP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Welspun Corp (WELCORP) stock. Volume based technical analysis of Welspun Corp (WELCORP) stock is negative.

Welspun Corp Stock is giving positive 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 Welspun Corp charts

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Daily charts

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Daily chart

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