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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 2024-01-12 View latest technical analysis

10 day averaged volume of Wonder Electricals is 7689

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	350.30	352.00	354.95	345.55	1.088 times
11 Thu Jan 2024	342.20	353.85	367.95	330.05	1.391 times
10 Wed Jan 2024	345.85	355.00	355.00	338.00	0.761 times
09 Tue Jan 2024	348.85	356.90	356.90	340.50	1.712 times
08 Mon Jan 2024	350.80	365.60	374.50	349.35	0.557 times
05 Fri Jan 2024	359.95	367.00	376.65	356.35	0.662 times
04 Thu Jan 2024	365.85	379.65	379.65	362.90	0.997 times
03 Wed Jan 2024	370.75	396.00	396.00	366.05	1.526 times
02 Tue Jan 2024	386.40	407.70	407.70	380.70	0.562 times
01 Mon Jan 2024	399.90	413.45	413.45	398.00	0.736 times

My analysis of stock is bullish for shortterm, and stock might move up till 399.8 or till 466. Use a stoploss of 344.57 and if this stock hits its stoploss, then it can fall down till 289.36

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
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	328.73
Downside Intraday Target	307.17
Upside Intraday Target	373.18
Upside Intraday Target	396.07
Upside Intraday Target	351.62

Weekly technical analysis of Wonder Electricals (WEL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	350.30	365.60	374.50	330.05	1.229 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
12 Fri Jan 2024	350.30	413.45	413.45	330.05	0.268 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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) ) 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 gaining 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Wonder Electricals 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 Wonder Electricals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 359.61 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.