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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)

10 day averaged volume of Wonder Electricals is 9233

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	1168.90	1170.10	1203.95	1144.10	1.315 times
12 Fri Jul 2024	1204.30	1243.00	1270.00	1170.00	0.835 times
11 Thu Jul 2024	1221.85	1227.90	1247.95	1146.00	1.322 times
10 Wed Jul 2024	1190.80	1170.00	1190.85	1134.20	1.945 times
09 Tue Jul 2024	1134.15	1134.00	1134.15	1101.75	0.704 times
08 Mon Jul 2024	1080.15	1029.00	1080.15	1029.00	1.021 times
05 Fri Jul 2024	1028.75	952.00	1028.75	952.00	1.015 times
04 Thu Jul 2024	979.80	998.00	1000.00	970.00	0.464 times
03 Wed Jul 2024	981.85	971.00	997.95	941.60	1.495 times
02 Tue Jul 2024	959.75	968.20	978.00	935.00	0.43 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1119.1, but if it comes below 1119.1, then a intra day sell could be more profitable.
If you take a sell trade below 1119.1, then use 1119.1 as stoploss and 1006.43 as target. However if you take a buy trade in stock , then use 1119.1 as stoploss and 1254.4 as target.

Share price targets for Wonder Electricals (WEL_BE)

Target Type	Value
Downside Target	263.40
Downside Target	308.15
Downside Target	852.00
Downside Target	890.85
Downside Target	923.45
Downside Target	958.00
Downside Target	993.90
Downside Target	1028.75
Downside Target	1050.00
Downside Target	1144.10
Upside Target	1203.95
Upside Target	1218.00
Upside Target	1270.00
Upside Target	1279.90

Intraday share price targets for Wonder Electricals (WEL_BE)

Target Type	Value
Downside Intraday Target	1140.68
Downside Intraday Target	1112.47
Upside Intraday Target	1200.53
Upside Intraday Target	1232.17
Upside Intraday Target	1172.32

Weekly technical analysis of Wonder Electricals (WEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	1168.90	1170.10	1203.95	1144.10	0.226 times
12 Fri Jul 2024	1204.30	1029.00	1270.00	1029.00	1.396 times
05 Fri Jul 2024	1028.75	929.00	1028.75	923.45	2.95 times
28 Fri Jun 2024	923.45	967.00	967.00	866.10	1.037 times
21 Fri Jun 2024	933.55	935.00	958.00	900.00	0.609 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
15 Mon Jul 2024	1168.90	929.00	1270.00	923.45	1.445 times
28 Fri Jun 2024	923.45	924.05	993.90	852.00	0.347 times
31 Fri May 2024	970.60	1073.35	1218.00	890.85	1.817 times
30 Tue Apr 2024	1129.80	1069.00	1279.90	1050.00	4.341 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_BE)

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 neutral. A longer time frame might give a better analysis.

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 1114.62 and Wonder Electricals (WEL_BE) 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_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.