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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 2024-01-18 View latest technical analysis

10 day averaged volume of Wonder Electricals is 6670

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	340.25	345.00	350.90	337.25	0.23 times
17 Wed Jan 2024	345.75	354.95	354.95	340.10	0.181 times
16 Tue Jan 2024	355.35	350.30	359.50	337.10	0.833 times
15 Mon Jan 2024	354.25	352.20	355.95	342.65	0.723 times
12 Fri Jan 2024	350.30	352.00	354.95	345.55	1.254 times
11 Thu Jan 2024	342.20	353.85	367.95	330.05	1.604 times
10 Wed Jan 2024	345.85	355.00	355.00	338.00	0.877 times
09 Tue Jan 2024	348.85	356.90	356.90	340.50	1.974 times
08 Mon Jan 2024	350.80	365.60	374.50	349.35	0.642 times
05 Fri Jan 2024	359.95	367.00	376.65	356.35	0.763 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 329.1 as stoploss in an intra day buy trade for a target of 362.13. However, stock will show a bearish move below 329.1.

Share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Target	210.05
Downside Target	215.30
Downside Target	220.15
Downside Target	231.00
Downside Target	246.10
Downside Target	269.85
Downside Target	300.00
Downside Target	326.20
Downside Target	337.10
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	331.73
Downside Intraday Target	323.22
Upside Intraday Target	354.13
Upside Intraday Target	368.02
Upside Intraday Target	345.62

Weekly technical analysis of Wonder Electricals (WEL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	340.25	352.20	359.50	337.10	0.31 times
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

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
18 Thu Jan 2024	340.25	413.45	413.45	330.05	0.314 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 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 short to mid 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 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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 349.4 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.