(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.