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(WEL_BE) Wonder Electricals complete technical analysis [charts+indicators] | Buy/Sell Wonder Electricals | (WEL_BE) share price targets

Complete technical analysis of Wonder Electricals (WEL_BE) by charts plus indicators, forecast predictions and share price targets for Wonder Electricals (WEL_BE)

Showing technical analysis as on 2024-05-02 View latest technical analysis

10 day averaged volume of Wonder Electricals is 12801

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	1073.35	1073.35	1073.35	1073.35	0.165 times
30 Tue Apr 2024	1129.80	1129.80	1129.80	1129.80	0.083 times
29 Mon Apr 2024	1189.25	1225.80	1279.90	1189.25	0.653 times
26 Fri Apr 2024	1251.80	1216.15	1251.90	1192.30	2.68 times
25 Thu Apr 2024	1192.30	1135.60	1192.35	1135.60	2.27 times
24 Wed Apr 2024	1135.60	1119.90	1138.95	1100.00	1.714 times
23 Tue Apr 2024	1084.75	1069.00	1084.75	1050.00	1.549 times
22 Fri Dec 2023	308.15	293.50	308.15	293.50	0.639 times
21 Thu Dec 2023	293.50	288.00	294.95	280.00	0.059 times
20 Wed Dec 2023	287.50	299.95	299.95	287.50	0.023 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1001.6, but if it comes below 1001.6, then a intra day sell could be more profitable.
If you take a sell trade below 1001.6, then use 1001.6 as stoploss and 583.92 as target. However if you take a buy trade in stock , then use 1001.6 as stoploss and 1502.8 as target.

Share price targets for Wonder Electricals (WEL_BE)

Target Type	Value
Downside Target	248.10
Downside Target	263.40
Downside Target	274.45
Downside Target	289.85
Downside Target	308.15
Downside Target	322.45
Downside Target	1050.00
Downside Target	1073.35
Upside Target	1251.90
Upside Target	1279.90

Intraday share price targets for Wonder Electricals (WEL_BE)

Target Type	Value
Downside Intraday Target	1004.5
Downside Intraday Target	935.65
Upside Intraday Target	1211.05
Upside Intraday Target	1348.75
Upside Intraday Target	1142.2

Weekly technical analysis of Wonder Electricals (WEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	1073.35	1225.80	1279.90	1073.35	0.11 times
26 Fri Apr 2024	1251.80	1069.00	1251.90	1050.00	7.425 times
22 Fri Dec 2023	308.15	276.00	308.15	275.00	1.454 times
15 Fri Dec 2023	275.95	277.60	289.85	266.05	4.342 times
08 Fri Dec 2023	264.45	280.00	280.00	263.40	2.422 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Thu May 2024	1073.35	1073.35	1073.35	1073.35	0.018 times
30 Tue Apr 2024	1129.80	1069.00	1279.90	1050.00	4.341 times
22 Fri Dec 2023	308.15	280.00	308.15	263.40	2.55 times
30 Thu Nov 2023	280.00	315.00	322.45	274.45	0.329 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_BE)

Price action analysis of Wonder Electricals ( (WEL_BE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Wonder Electricals ( (WEL_BE) ) 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_BE) ) 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_BE) ) 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 losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Wonder Electricals in short term but SELL 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

Although the stock is in the BUY zone, but buying 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 1113.99 and Wonder Electricals (WEL_BE) 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 Wonder Electricals (WEL_BE) stock. Volume based technical analysis of Wonder Electricals (WEL_BE) 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.