Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-06 View latest technical analysis

10 day averaged volume of Wonder Electricals is 52956

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	1360.70	1363.10	1434.90	1330.05	1.054 times
05 Mon Aug 2024	1369.85	1373.25	1386.95	1304.65	1.144 times
02 Fri Aug 2024	1373.30	1312.05	1377.00	1281.10	1.145 times
01 Thu Aug 2024	1313.30	1299.60	1313.75	1210.00	2.611 times
31 Wed Jul 2024	1251.20	1250.00	1258.65	1248.00	1.297 times
30 Tue Jul 2024	1249.80	1230.00	1264.80	1230.00	1.032 times
29 Mon Jul 2024	1233.70	1230.00	1249.00	1221.00	0.546 times
26 Fri Jul 2024	1229.30	1238.90	1248.50	1224.00	0.383 times
25 Thu Jul 2024	1232.65	1249.50	1249.50	1228.80	0.456 times
24 Wed Jul 2024	1247.35	1248.90	1249.50	1212.60	0.704 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1329.3, but if it comes below 1329.3, then a intra day sell could be more profitable.
If you take a sell trade below 1329.3, then use 1329.3 as stoploss and 1196.55 as target. However if you take a buy trade in stock , then use 1329.3 as stoploss and 1488.7 as target.

Share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Target	303.00
Downside Target	443.30
Downside Target	476.15
Downside Target	655.00
Downside Target	688.95
Downside Target	838.70
Downside Target	984.95
Downside Target	1016.95
Downside Target	1151.05
Downside Target	1210.00
Downside Target	1259.70
Downside Target	1304.65
Upside Target	1377.00
Upside Target	1434.90

Intraday share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Intraday Target	1298.6
Downside Intraday Target	1236.5
Upside Intraday Target	1428.85
Upside Intraday Target	1497
Upside Intraday Target	1366.75

Weekly technical analysis of Wonder Electricals (WEL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	1360.70	1373.25	1434.90	1304.65	0.332 times
02 Fri Aug 2024	1373.30	1230.00	1377.00	1210.00	2.184 times
26 Fri Jul 2024	1229.30	1247.70	1270.00	1171.20	1.66 times
19 Fri Jul 2024	1230.90	993.95	1259.70	984.95	0.395 times
19 Fri Apr 2024	983.95	838.70	1016.95	838.70	2.315 times

Price has moved down 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 Aug 2024	1360.70	1299.60	1434.90	1210.00	0.805 times
31 Wed Jul 2024	1251.20	1187.95	1270.00	1151.05	0.807 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

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 SELL signal for Wonder Electricals in short term but the sell signal is initial and weak.

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 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

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 1301.57 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.