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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 2024-04-16 View latest technical analysis

10 day averaged volume of Wonder Electricals is 25929

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	968.55	929.50	968.55	916.05	3.312 times
15 Mon Apr 2024	922.45	838.70	926.90	838.70	1.411 times
12 Fri Apr 2024	882.80	908.00	908.00	882.80	0.409 times
10 Wed Apr 2024	929.25	904.00	932.50	888.50	1.194 times
09 Tue Apr 2024	888.10	888.60	888.60	875.60	1.357 times
08 Mon Apr 2024	846.30	820.00	850.70	790.60	1.12 times
05 Fri Apr 2024	810.20	831.40	862.90	781.50	1.478 times
04 Thu Apr 2024	822.60	825.00	825.50	790.45	1.195 times
03 Wed Apr 2024	786.35	786.35	786.35	771.00	0.202 times
02 Tue Apr 2024	748.95	715.15	748.95	694.10	0.548 times

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

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 877.5, but if it comes below 877.5, then a intra day sell could be more profitable.
If you take a sell trade below 877.5, then use 877.5 as stoploss and 724.99 as target. However if you take a buy trade in stock , then use 877.5 as stoploss and 1060.6 as target.

Share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Target	300.00
Downside Target	327.15
Downside Target	413.45
Downside Target	443.30
Downside Target	465.00
Downside Target	476.15
Downside Target	496.10
Downside Target	595.20
Downside Target	623.35
Downside Target	655.00
Downside Target	688.95
Downside Target	790.60
Downside Target	838.70
Downside Target	862.90
Downside Target	932.50
Downside Target	968.55

Intraday share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Intraday Target	881.98
Downside Intraday Target	795.42
Upside Intraday Target	1011.83
Upside Intraday Target	1055.12
Downside Intraday Target	925.27

Weekly technical analysis of Wonder Electricals (WEL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	968.55	838.70	968.55	838.70	1.158 times
12 Fri Apr 2024	882.80	820.00	932.50	790.60	0.905 times
05 Fri Apr 2024	810.20	682.80	862.90	655.00	1.934 times
28 Thu Mar 2024	682.25	624.95	688.95	623.35	1.228 times
22 Fri Mar 2024	595.20	519.90	595.20	496.10	1.236 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
16 Tue Apr 2024	968.55	682.80	968.55	655.00	0.893 times
28 Thu Mar 2024	682.25	482.00	688.95	443.30	1.482 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

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 neutral. A longer time frame might give a better analysis.

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 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 890.13 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.