Homepage Active Options Active Stocks

Stock analysis Wonder Electricals Ltd WEL

More indepth analysis on MunafaSutra.com

Moving Averages for Wonder Electricals Ltd

  • 5Day Average: 236.42
  • 12Day Average: 227.92
  • 20Day Average: 229.75
  • 50Day Average: 225.35
  • 100Day Average: 227.67

WEL Indicators & signals

Indicator MACD (12,26,9)

231.89, 229.76, 0.87
Indicator MACD is in positive zone

Indicator ADX (14)

15.85, 17.79, 12.92
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of WEL Wonder Electricals Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
08 Thu Jun 2023 238.40 231.00 to 238.40 1.08% 0.58 times
07 Wed Jun 2023 235.85 233.05 to 239.90 -0.86% 0.43 times
06 Tue Jun 2023 237.90 232.65 to 243.95 0.49% 0.82 times
05 Mon Jun 2023 236.75 232.05 to 241.95 1.52% 1.14 times
02 Fri Jun 2023 233.20 228.10 to 238.35 2.73% 1.49 times
01 Thu Jun 2023 227.00 225.00 to 234.40 1.68% 1.12 times
31 Wed May 2023 223.25 218.00 to 232.35 -1.3% 0.92 times
30 Tue May 2023 226.20 212.10 to 227.00 3.19% 0.98 times
29 Mon May 2023 219.20 215.55 to 234.15 -1.79% 0.43 times
26 Fri May 2023 223.20 219.00 to 223.20 4.99% 1.42 times
25 Thu May 2023 212.60 210.45 to 227.50 -4.02% 1.25 times
24 Wed May 2023 221.50 219.85 to 235.65 -4.28% 1.88 times

Technical analysis forecast of Wonder Electricals Ltd Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Wonder Electricals Ltd WEL at this time. Stock is rising and might rise more.

It appears as if Wonder Electricals Ltd WEL gave a large move recently.

Stock of Wonder Electricals Ltd (WEL) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Wonder Electricals Ltd is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Wonder Electricals Ltd stays above 237.2, but if it comes below 237.2, then a intra day sell could be more profitable.
If you take a sell trade below 237.2, then use 237.2 as stoploss and 230.49 as target. However if you take a buy trade in Wonder Electricals Ltd, then use 237.2 as stoploss and 245.4 as target.

More indepth analysis on MunafaSutra.com