(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, 1 | Sell |
| Stochastics | 18 | Sell |
| CCI | -45 | Buy |
| RSI | 55 | Buy |
| OBV | -2298528 | Sell |
| VWAP | 219 | Sell |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
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.
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