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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 2024-02-27 View latest technical analysis

10 day averaged volume of Wonder Electricals is 9149

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	433.15	400.00	437.50	400.00	4.899 times
26 Mon Feb 2024	397.75	388.00	408.50	372.70	5.966 times
23 Fri Feb 2024	371.40	332.20	371.40	332.20	2.049 times
22 Thu Feb 2024	337.65	346.00	346.30	328.00	0.242 times
21 Wed Feb 2024	341.25	351.00	358.95	337.10	0.138 times
20 Tue Feb 2024	347.00	362.95	362.95	328.00	0.239 times
19 Mon Feb 2024	342.55	345.00	358.90	337.65	0.268 times
16 Fri Feb 2024	343.75	346.50	347.75	340.80	0.078 times
15 Thu Feb 2024	340.10	344.95	355.00	336.10	0.194 times
14 Wed Feb 2024	333.40	339.00	339.00	324.05	0.208 times

Stock of Wonder Electricals (WEL) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 405, for a target of 371 or 342.76

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
Downside Target	346.75
Downside Target	356.00
Downside Target	371.40
Downside Target	372.70
Downside Target	413.45
Upside Target	437.50
Upside Target	465.00

Intraday share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Intraday Target	391.4
Downside Intraday Target	349.65
Upside Intraday Target	456.2
Upside Intraday Target	479.25
Downside Intraday Target	414.45

Weekly technical analysis of Wonder Electricals (WEL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	433.15	388.00	437.50	372.70	3.7 times
23 Fri Feb 2024	371.40	345.00	371.40	328.00	1.389 times
16 Fri Feb 2024	343.75	340.00	356.00	303.00	1.133 times
09 Fri Feb 2024	321.35	310.70	359.00	307.00	1.108 times
02 Fri Feb 2024	308.30	346.75	346.75	305.00	0.471 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Wonder Electricals (WEL)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	433.15	339.75	437.50	303.00	1.329 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 up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Wonder Electricals ( (WEL) ) based on a short to mid 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.

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 BUY signal for Wonder Electricals in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Wonder Electricals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Wonder Electricals in short term and BUY 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

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 400.65 and Wonder Electricals (WEL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.