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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 2024-02-01 View latest technical analysis

10 day averaged volume of Wonder Electricals is 4306

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	323.35	339.75	339.75	318.30	1.075 times
31 Wed Jan 2024	334.45	341.90	344.45	332.70	0.316 times
30 Tue Jan 2024	336.75	341.95	346.35	335.60	0.333 times
29 Mon Jan 2024	337.75	346.75	346.75	332.65	0.485 times
25 Thu Jan 2024	341.75	350.05	358.00	332.65	1.444 times
24 Wed Jan 2024	355.55	361.00	361.00	327.15	1.001 times
23 Tue Jan 2024	357.15	357.50	377.95	347.40	4.994 times
22 Mon Jan 2024	343.60	344.90	346.65	338.65	0.151 times
19 Fri Jan 2024	340.90	347.75	355.00	334.60	0.639 times
18 Thu Jan 2024	340.25	345.00	350.90	337.25	0.356 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 325.1, for a target of 336.8 or 346.53

Share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Target	210.05
Downside Target	220.15
Downside Target	269.85
Downside Target	300.00
Downside Target	318.30
Upside Target	326.20
Upside Target	346.75
Upside Target	356.35
Upside Target	359.50
Upside Target	374.50
Upside Target	377.95
Upside Target	413.45
Upside Target	465.00

Intraday share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Intraday Target	312.18
Downside Intraday Target	301.02
Upside Intraday Target	340.63
Upside Intraday Target	357.92
Upside Intraday Target	329.47

Weekly technical analysis of Wonder Electricals (WEL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	323.35	346.75	346.75	318.30	0.291 times
25 Thu Jan 2024	341.75	344.90	377.95	327.15	2.06 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

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
01 Thu Feb 2024	323.35	339.75	339.75	318.30	0.036 times
31 Wed Jan 2024	334.45	413.45	413.45	327.15	0.454 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

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 SELL. 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 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 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 347.7 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.