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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 2024-08-29 View latest technical analysis

10 day averaged volume of Wonder Electricals is 133156

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	1423.50	1406.00	1479.45	1390.00	0.679 times
28 Wed Aug 2024	1415.60	1443.75	1450.00	1405.00	0.637 times
27 Tue Aug 2024	1420.20	1372.05	1501.55	1372.05	0.94 times
26 Mon Aug 2024	1365.05	1523.35	1523.35	1350.00	4.06 times
23 Fri Aug 2024	1464.05	1618.00	1619.90	1452.00	1.991 times
22 Thu Aug 2024	1583.30	1490.00	1607.90	1481.05	1.588 times
21 Wed Aug 2024	1490.15	1509.80	1509.85	1485.00	0.103 times
20 Tue Aug 2024	1492.80	1500.00	1503.85	1481.05	0.095 times
19 Mon Aug 2024	1485.60	1499.85	1569.00	1470.05	0.204 times
16 Fri Aug 2024	1446.45	1493.55	1514.65	1430.30	0.191 times

My analysis of stock is bearish for shortterm, and stock might move down till 1383.1 or till 1295.2. Use a stoploss of 1456.31 and if the stock hits stoploss, then it can shoot up till 1529.53

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	1033.10
Downside Target	1151.05
Downside Target	1210.00
Downside Target	1270.00
Downside Target	1304.65
Downside Target	1350.00
Downside Target	1377.00
Upside Target	1430.30
Upside Target	1523.35
Upside Target	1608.90
Upside Target	1619.90

Intraday share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Intraday Target	1341.22
Downside Intraday Target	1258.93
Upside Intraday Target	1514.57
Upside Intraday Target	1605.63
Upside Intraday Target	1432.28

Weekly technical analysis of Wonder Electricals (WEL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	1423.50	1523.35	1523.35	1350.00	1.586 times
23 Fri Aug 2024	1464.05	1499.85	1619.90	1452.00	2.112 times
16 Fri Aug 2024	1446.45	1514.05	1608.90	1430.30	0.669 times
09 Fri Aug 2024	1514.80	1373.25	1545.70	1304.65	1.069 times
02 Fri Aug 2024	1373.30	1230.00	1377.00	1210.00	2.184 times

Price has moved down 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
29 Thu Aug 2024	1423.50	1299.60	1619.90	1210.00	5.605 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, and volume has increased substantially. This means that the move can 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Wonder Electricals ( (WEL) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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

RSI is generating a BUY signal in short term but buying is losing 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 1434.9 and Wonder Electricals (WEL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.