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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 2024-01-22 View latest technical analysis

10 day averaged volume of Wonder Electricals is 5823

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	343.60	344.90	346.65	338.65	0.111 times
19 Fri Jan 2024	340.90	347.75	355.00	334.60	0.472 times
18 Thu Jan 2024	340.25	345.00	350.90	337.25	0.263 times
17 Wed Jan 2024	345.75	354.95	354.95	340.10	0.207 times
16 Tue Jan 2024	355.35	350.30	359.50	337.10	0.954 times
15 Mon Jan 2024	354.25	352.20	355.95	342.65	0.828 times
12 Fri Jan 2024	350.30	352.00	354.95	345.55	1.436 times
11 Thu Jan 2024	342.20	353.85	367.95	330.05	1.837 times
10 Wed Jan 2024	345.85	355.00	355.00	338.00	1.005 times
09 Tue Jan 2024	348.85	356.90	356.90	340.50	2.261 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 338.9 as stoploss in an intra day buy trade for a target of 366.22. However, stock will show a bearish move below 338.9.

Share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Target	210.05
Downside Target	215.30
Downside Target	220.15
Downside Target	246.10
Downside Target	269.85
Downside Target	300.00
Downside Target	326.20
Upside Target	346.65
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	339.28
Downside Intraday Target	334.97
Upside Intraday Target	347.28
Upside Intraday Target	350.97
Downside Intraday Target	342.97

Weekly technical analysis of Wonder Electricals (WEL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	343.60	344.90	346.65	338.65	0.041 times
19 Fri Jan 2024	340.90	352.20	359.50	334.60	0.375 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

Price has moved up 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
22 Mon Jan 2024	343.60	413.45	413.45	330.05	0.326 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 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 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 in or below the green cloud Prices appear to be moving up

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 but buying is losing 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 347.81 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.