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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 2024-02-06 View latest technical analysis

10 day averaged volume of Wonder Electricals is 5146

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	331.85	317.00	340.90	315.45	1.128 times
05 Mon Feb 2024	314.25	310.70	319.05	307.00	0.656 times
02 Fri Feb 2024	308.30	329.90	329.90	305.00	1.143 times
01 Thu Feb 2024	323.35	339.75	339.75	318.30	0.9 times
31 Wed Jan 2024	334.45	341.90	344.45	332.70	0.264 times
30 Tue Jan 2024	336.75	341.95	346.35	335.60	0.279 times
29 Mon Jan 2024	337.75	346.75	346.75	332.65	0.406 times
25 Thu Jan 2024	341.75	350.05	358.00	332.65	1.208 times
24 Wed Jan 2024	355.55	361.00	361.00	327.15	0.838 times
23 Tue Jan 2024	357.15	357.50	377.95	347.40	4.179 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 327.6 as stoploss in an intra day buy trade for a target of 340.42. However, stock will show a bearish move below 327.6.

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	326.20
Upside Target	340.90
Upside Target	346.75
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	312.27
Downside Intraday Target	292.68
Upside Intraday Target	346.17
Upside Intraday Target	360.48
Downside Intraday Target	326.58

Weekly technical analysis of Wonder Electricals (WEL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	331.85	310.70	340.90	307.00	0.596 times
02 Fri Feb 2024	308.30	346.75	346.75	305.00	0.471 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

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
06 Tue Feb 2024	331.85	339.75	340.90	305.00	0.151 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 neutral. A longer time frame might give a better analysis.

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 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 red color and prices are below the red 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 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 340.56 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.