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(VEL) complete technical analysis [charts+indicators] | Buy/Sell | (VEL) share price targets

Complete technical analysis of (VEL) by charts plus indicators, forecast predictions and share price targets for (VEL)

10 day averaged volume of is 22650

Date Daily Closing Price Open High Low Volume
27 Wed Mar 2024 18.23 18.39 18.82 17.96 0.936 times
26 Tue Mar 2024 18.19 17.58 18.40 17.58 0.428 times
25 Mon Mar 2024 17.57 18.27 18.27 16.61 1.298 times
22 Fri Mar 2024 18.00 18.50 19.08 17.72 1.32 times
21 Thu Mar 2024 18.49 17.64 18.50 17.58 0.817 times
20 Wed Mar 2024 17.73 17.88 17.88 17.22 0.781 times
19 Tue Mar 2024 17.60 18.14 18.14 17.59 0.411 times
18 Mon Mar 2024 18.24 17.50 18.80 17.10 1.651 times
15 Fri Mar 2024 17.30 16.85 17.50 16.85 1.912 times
14 Thu Mar 2024 17.23 16.71 17.50 16.29 1.095 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 18, but if it comes below 18, then a intra day sell could be more profitable.
If you take a sell trade below 18, then use 18 as stoploss and 17.14 as target. However if you take a buy trade in stock , then use 18 as stoploss and 18.9 as target.

Share price targets for (VEL)

Target Type Value
Downside Target 11.20
Downside Target 13.54
Downside Target 14.51
Downside Target 15.60
Downside Target 16.29
Downside Target 17.10
Downside Target 17.25
Downside Target 17.30
Downside Target 17.50
Downside Target 18.05
Upside Target 18.82
Upside Target 19.08

Intraday share price targets for (VEL)

Target Type Value
Downside Intraday Target 16.95
Downside Intraday Target 15.68
Upside Intraday Target 19.16
Upside Intraday Target 20.1
Downside Intraday Target 17.89

Weekly technical analysis of (VEL)

Date Weekly Closing Price Open High Low Volume
27 Wed Mar 2024 18.23 18.27 18.82 16.61 0.535 times
22 Fri Mar 2024 18.00 17.50 19.08 17.10 1.023 times
15 Fri Mar 2024 17.30 17.09 17.50 16.29 1.331 times
08 Fri Mar 2024 16.73 16.03 17.25 15.60 1.988 times
01 Fri Mar 2024 16.22 16.17 16.60 15.65 0.858 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 (VEL)

Date Monthly Closing Price Open High Low Volume
27 Wed Mar 2024 18.23 16.05 19.08 15.60 1.588 times
29 Thu Feb 2024 16.35 15.75 17.23 14.51 0.563 times
31 Wed Jan 2024 15.75 16.71 17.21 13.78 0.462 times
29 Fri Dec 2023 17.22 14.97 17.30 13.54 2.682 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 (VEL)

Price action analysis of ( (VEL) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of ( (VEL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of ( (VEL) ) 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 ( (VEL) ) 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 stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for 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.

Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.81 and (VEL) 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 (VEL) stock. Volume based technical analysis of (VEL) stock is negative.

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.

Price action analysis of ( (VEL) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of ( (VEL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of ( (VEL) ) 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 ( (VEL) ) 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 stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for 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.

Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.81 and (VEL) 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 (VEL) stock. Volume based technical analysis of (VEL) stock is negative.

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.

Daily charts

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

Daily chart
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