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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 2024-07-18 View latest technical analysis

10 day averaged volume of Wonder Electricals is 38244

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	1194.50	1220.05	1259.70	1163.70	0.618 times
16 Tue Jul 2024	1224.95	1187.95	1227.25	1170.00	0.358 times
22 Mon Apr 2024	1033.10	993.95	1033.10	984.95	0.473 times
19 Fri Apr 2024	983.95	999.90	1005.20	965.60	1.212 times
18 Thu Apr 2024	1016.40	999.70	1016.95	979.90	1.99 times
16 Tue Apr 2024	968.55	929.50	968.55	916.05	2.245 times
15 Mon Apr 2024	922.45	838.70	926.90	838.70	0.957 times
12 Fri Apr 2024	882.80	908.00	908.00	882.80	0.277 times
10 Wed Apr 2024	929.25	904.00	932.50	888.50	0.809 times
09 Tue Apr 2024	888.10	888.60	888.60	875.60	0.92 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 1240.4, for a target of 1036.5 or 866.52

Share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Target	303.00
Downside Target	327.15
Downside Target	413.45
Downside Target	443.30
Downside Target	476.15
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	984.95
Downside Target	1016.95
Downside Target	1163.70
Upside Target	1259.70

Intraday share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Intraday Target	1033.07
Downside Intraday Target	871.63
Upside Intraday Target	1307.82
Upside Intraday Target	1421.13
Downside Intraday Target	1146.38

Weekly technical analysis of Wonder Electricals (WEL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	1194.50	993.95	1259.70	984.95	0.226 times
19 Fri Apr 2024	983.95	838.70	1016.95	838.70	2.315 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

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
18 Thu Jul 2024	1194.50	1187.95	1259.70	1163.70	0.077 times
22 Mon Apr 2024	1033.10	682.80	1033.10	655.00	1.257 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

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 coming down

CCI has generated a SELL signal for Wonder Electricals in short term but SELL signal is weak.

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 989.05 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.