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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 2024-03-06 View latest technical analysis

10 day averaged volume of Wonder Electricals is 37595

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	547.90	559.70	568.00	534.95	1.291 times
05 Tue Mar 2024	542.85	504.85	542.90	491.20	1.515 times
04 Mon Mar 2024	517.05	538.00	541.55	495.00	1.277 times
02 Sat Mar 2024	515.80	515.85	515.85	490.00	0.321 times
01 Fri Mar 2024	491.30	482.00	494.90	465.15	1.358 times
29 Thu Feb 2024	471.35	466.80	476.15	432.00	0.906 times
28 Wed Feb 2024	453.50	434.00	454.80	411.50	1.422 times
27 Tue Feb 2024	433.15	400.00	437.50	400.00	1.192 times
26 Mon Feb 2024	397.75	388.00	408.50	372.70	1.452 times
23 Fri Feb 2024	371.40	332.20	371.40	332.20	0.499 times

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 580.3, for a target of 485.5 or 406.5

Share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Target	220.15
Downside Target	300.00
Downside Target	326.20
Downside Target	356.00
Downside Target	371.40
Downside Target	413.45
Downside Target	465.00
Downside Target	465.15
Downside Target	476.15
Downside Target	491.20
Downside Target	515.85
Upside Target	568.00

Intraday share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Intraday Target	503.4
Downside Intraday Target	458.9
Upside Intraday Target	580.2
Upside Intraday Target	612.5
Downside Intraday Target	535.7

Weekly technical analysis of Wonder Electricals (WEL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	547.90	538.00	568.00	491.20	0.614 times
02 Sat Mar 2024	515.80	388.00	515.85	372.70	9.307 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

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 Wed Mar 2024	547.90	482.00	568.00	465.15	0.831 times
29 Thu Feb 2024	471.35	339.75	476.15	303.00	2.001 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

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 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 478.4 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.