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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 2024-10-07 View latest technical analysis

10 day averaged volume of Wonder Electricals is 65461

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	1331.85	1449.95	1449.95	1320.00	0.317 times
04 Fri Oct 2024	1428.25	1358.10	1447.95	1320.00	0.714 times
03 Thu Oct 2024	1358.10	1409.65	1409.65	1345.50	0.443 times
01 Tue Oct 2024	1409.65	1427.70	1427.70	1385.00	0.374 times
30 Mon Sep 2024	1407.70	1524.90	1525.00	1400.00	0.554 times
27 Fri Sep 2024	1506.10	1474.80	1519.90	1411.35	1.351 times
26 Thu Sep 2024	1474.80	1520.00	1520.00	1465.00	0.436 times
25 Wed Sep 2024	1503.55	1494.75	1513.40	1463.10	0.544 times
24 Tue Sep 2024	1500.25	1539.00	1569.00	1492.00	1.185 times
23 Mon Sep 2024	1537.50	1525.00	1558.30	1470.10	0.876 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1351.1, but if it comes above 1351.1, then a intra day buy could be more profitable.
If you take a sell trade below 1351.1, then use 1351.1 as stoploss and 1272.4 as target. However if you take a buy trade in stock , then use 1351.1 as stoploss and 1416.74 as target.

Share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Target	655.00
Downside Target	1033.10
Downside Target	1151.05
Downside Target	1210.00
Downside Target	1270.00
Downside Target	1310.00
Upside Target	1411.35
Upside Target	1449.95
Upside Target	1525.00
Upside Target	1527.15
Upside Target	1569.00
Upside Target	1619.90

Intraday share price targets for Wonder Electricals (WEL)

Target Type	Value
Downside Intraday Target	1284.58
Downside Intraday Target	1237.32
Upside Intraday Target	1414.53
Upside Intraday Target	1497.22
Upside Intraday Target	1367.27

Weekly technical analysis of Wonder Electricals (WEL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	1331.85	1449.95	1449.95	1320.00	0.152 times
04 Fri Oct 2024	1428.25	1524.90	1525.00	1320.00	0.475 times
27 Fri Sep 2024	1506.10	1525.00	1569.00	1411.35	0.748 times
20 Fri Sep 2024	1527.05	1380.00	1527.15	1330.05	1.928 times
13 Fri Sep 2024	1353.90	1317.30	1430.60	1310.00	1.06 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
07 Mon Oct 2024	1331.85	1427.70	1449.95	1320.00	0.11 times
30 Mon Sep 2024	1407.70	1450.00	1569.00	1310.00	0.491 times
30 Fri Aug 2024	1435.80	1299.60	1619.90	1210.00	5.696 times
31 Wed Jul 2024	1251.20	1187.95	1270.00	1151.05	0.807 times

Scroll below to view daily charts

Price has moved down 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 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 Weak 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Wonder Electricals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 1467.61 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.