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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 2024-01-10 View latest technical analysis

10 day averaged volume of Wonder Electricals is 31024

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jan 2024	345.85	355.00	355.00	338.00	0.189 times
09 Tue Jan 2024	348.85	356.90	356.90	340.50	0.424 times
08 Mon Jan 2024	350.80	365.60	374.50	349.35	0.138 times
05 Fri Jan 2024	359.95	367.00	376.65	356.35	0.164 times
04 Thu Jan 2024	365.85	379.65	379.65	362.90	0.247 times
03 Wed Jan 2024	370.75	396.00	396.00	366.05	0.378 times
02 Tue Jan 2024	386.40	407.70	407.70	380.70	0.139 times
01 Mon Jan 2024	399.90	413.45	413.45	398.00	0.182 times
29 Fri Dec 2023	406.35	406.20	414.80	395.10	0.271 times
28 Thu Dec 2023	406.15	465.00	465.00	398.10	4.452 times

My analysis of stock is bullish for shortterm, and stock might move up till 397.9 or till 475.9. Use a stoploss of 332.96 and if this stock hits its stoploss, then it can fall down till 268

Share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Target	210.05
Downside Target	215.30
Downside Target	220.15
Downside Target	224.55
Downside Target	231.00
Downside Target	239.95
Downside Target	246.10
Downside Target	269.85
Downside Target	300.00
Downside Target	326.20
Downside Target	338.00
Upside Target	356.35
Upside Target	374.50
Upside Target	413.45
Upside Target	465.00

Intraday share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Intraday Target	331.07
Downside Intraday Target	316.28
Upside Intraday Target	367.57
Upside Intraday Target	389.28
Upside Intraday Target	352.78

Weekly technical analysis of Wonder Electricals (WEL)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jan 2024	345.85	365.60	374.50	338.00	0.676 times
05 Fri Jan 2024	359.95	413.45	413.45	356.35	0.12 times
29 Fri Dec 2023	406.35	317.95	465.00	300.00	0.843 times
31 Thu Aug 2023	298.95	234.90	326.20	231.00	43.597 times
25 Fri Aug 2023	226.55	239.95	239.95	224.55	0.385 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)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Wed Jan 2024	345.85	413.45	413.45	338.00	0.202 times
29 Fri Dec 2023	406.35	317.95	465.00	300.00	0.703 times
31 Thu Aug 2023	298.95	269.95	326.20	220.15	4.452 times
31 Mon Jul 2023	265.05	226.00	269.85	210.05	2.172 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)

Price action analysis of Wonder Electricals ( (WEL) ) 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 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 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 SELL signal for Wonder Electricals in short term but the sell signal is initial and weak.

Wonder Electricals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Wonder Electricals in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 394.29 and Wonder Electricals (WEL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.