(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)
Showing technical analysis as on 2024-03-01 View latest technical analysis
10 day averaged volume of is 11290
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 16.22 | 16.05 | 16.60 | 16.03 | 0.549 times |
| 29 Thu Feb 2024 | 16.35 | 16.24 | 16.52 | 16.05 | 1.541 times |
| 28 Wed Feb 2024 | 15.96 | 15.65 | 16.51 | 15.65 | 0.496 times |
| 27 Tue Feb 2024 | 15.95 | 15.97 | 16.56 | 15.78 | 0.664 times |
| 26 Mon Feb 2024 | 16.04 | 16.17 | 16.23 | 15.69 | 0.443 times |
| 23 Fri Feb 2024 | 16.17 | 14.88 | 16.83 | 14.88 | 0.788 times |
| 22 Thu Feb 2024 | 15.72 | 15.56 | 15.95 | 15.56 | 1.382 times |
| 21 Wed Feb 2024 | 15.66 | 15.45 | 15.89 | 15.45 | 0.779 times |
| 20 Tue Feb 2024 | 15.68 | 15.64 | 16.29 | 15.34 | 1.355 times |
| 16 Fri Feb 2024 | 15.94 | 16.66 | 16.66 | 15.57 | 0.957 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 16.2, but if it comes below 16.2, then a intra day sell could be more profitable.
If you take a sell trade below 16.2, then use 16.2 as stoploss and 15.92 as target. However if you take a buy trade in stock , then use 16.2 as stoploss and 16.5 as target.
Share price targets for (VEL)
| Target Type | Value |
| Downside Target | 11.20 |
| Downside Target | 13.54 |
| Downside Target | 14.51 |
| Downside Target | 14.88 |
| Downside Target | 15.34 |
| Downside Target | 16.03 |
| Upside Target | 16.60 |
| Upside Target | 16.83 |
| Upside Target | 17.21 |
| Upside Target | 17.23 |
| Upside Target | 17.30 |
| Upside Target | 18.05 |
Intraday share price targets for (VEL)
| Target Type | Value |
| Downside Intraday Target | 15.71 |
| Downside Intraday Target | 15.21 |
| Upside Intraday Target | 16.66 |
| Upside Intraday Target | 17.11 |
| Downside Intraday Target | 16.16 |
Weekly technical analysis of (VEL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 16.22 | 16.17 | 16.60 | 15.65 | 0.858 times |
| 23 Fri Feb 2024 | 16.17 | 15.64 | 16.83 | 14.88 | 0.608 times |
| 16 Fri Feb 2024 | 15.94 | 16.00 | 17.23 | 15.34 | 1.684 times |
| 09 Fri Feb 2024 | 15.82 | 15.31 | 16.18 | 14.51 | 0.772 times |
| 02 Fri Feb 2024 | 15.49 | 15.81 | 16.50 | 15.49 | 1.178 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 |
| 01 Fri Mar 2024 | 16.22 | 16.05 | 16.60 | 16.03 | 0.026 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 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 (VEL)
Price action analysis of ( (VEL) ) based on a short 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 short 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 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 neutral. A longer time frame might give a better analysis.
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 coming down
CCI has generated a SELL signal for in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 15.96 and (VEL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the (VEL) stock. Volume based technical analysis of (VEL) stock is negative.
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.
Price action analysis of ( (VEL) ) based on a short 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 short 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 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 neutral. A longer time frame might give a better analysis.
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 coming down
CCI has generated a SELL signal for in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 15.96 and (VEL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the (VEL) stock. Volume based technical analysis of (VEL) stock is negative.
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.