(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 2024-03-07 View latest technical analysis
10 day averaged volume of is 9100
Date | Daily Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 16.08 | 16.17 | 16.48 | 16.03 | 1.033 times |
06 Wed Mar 2024 | 16.06 | 15.82 | 16.24 | 15.78 | 0.703 times |
05 Tue Mar 2024 | 16.01 | 16.00 | 16.04 | 15.60 | 1.198 times |
04 Mon Mar 2024 | 16.14 | 16.03 | 16.23 | 15.92 | 0.824 times |
01 Fri Mar 2024 | 16.22 | 16.05 | 16.60 | 16.03 | 0.681 times |
29 Thu Feb 2024 | 16.35 | 16.24 | 16.52 | 16.05 | 1.912 times |
28 Wed Feb 2024 | 15.96 | 15.65 | 16.51 | 15.65 | 0.615 times |
27 Tue Feb 2024 | 15.95 | 15.97 | 16.56 | 15.78 | 0.824 times |
26 Mon Feb 2024 | 16.04 | 16.17 | 16.23 | 15.69 | 0.549 times |
23 Fri Feb 2024 | 16.17 | 14.88 | 16.83 | 14.88 | 0.978 times |
My analysis of stock is bullish for shortterm, and stock might move up till 16.2 or till 16.5. Use a stoploss of 15.98 and if this stock hits its stoploss, then it can fall down till 15.74
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 |
Upside Target | 16.18 |
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 | 15.63 |
Downside Intraday Target | 15.17 |
Upside Intraday Target | 16.51 |
Upside Intraday Target | 16.93 |
Downside Intraday Target | 16.05 |
Weekly technical analysis of (VEL)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 16.08 | 16.03 | 16.48 | 15.60 | 0.82 times |
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 |
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 (VEL)
Date | Monthly Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 16.08 | 16.05 | 16.60 | 15.60 | 0.172 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of ( (VEL) ) 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 ( (VEL) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of ( (VEL) ) based on a mid to longer 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.
ADX buy sell signal for stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for in short term but the sell signal is initial and weak.
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 tired and bears are picking up momentum.
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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 16.13 and (VEL) stock is trading below this level. This means that stock is falling with high volumes. 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of ( (VEL) ) 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 ( (VEL) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of ( (VEL) ) based on a mid to longer 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.
ADX buy sell signal for stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for in short term but the sell signal is initial and weak.
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 tired and bears are picking up momentum.
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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 16.13 and (VEL) stock is trading below this level. This means that stock is falling with high volumes. 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.