(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 15450
Date | Daily Closing Price | Open | High | Low | Volume |
29 Mon Apr 2024 | 16.73 | 16.80 | 17.40 | 16.73 | 0.809 times |
26 Fri Apr 2024 | 17.01 | 16.74 | 17.19 | 16.74 | 0.531 times |
25 Thu Apr 2024 | 16.87 | 17.00 | 17.00 | 16.77 | 0.686 times |
24 Wed Apr 2024 | 16.87 | 17.01 | 17.47 | 16.79 | 0.893 times |
23 Tue Apr 2024 | 17.14 | 17.00 | 17.19 | 16.62 | 0.809 times |
22 Mon Apr 2024 | 16.76 | 16.86 | 17.00 | 15.96 | 2.375 times |
19 Fri Apr 2024 | 16.63 | 15.93 | 16.83 | 15.93 | 1.676 times |
18 Thu Apr 2024 | 16.06 | 16.39 | 16.39 | 16.00 | 1.139 times |
17 Wed Apr 2024 | 16.11 | 16.46 | 16.46 | 15.70 | 0.589 times |
16 Tue Apr 2024 | 16.30 | 16.04 | 16.30 | 16.04 | 0.608 times |
My analysis of stock is bullish for shortterm, and stock might move up till 17.1 or till 17.6. Use a stoploss of 16.72 and if this stock hits its stoploss, then it can fall down till 16.31
Share price targets for (VEL)
Target Type | Value |
Downside Target | 13.54 |
Downside Target | 14.51 |
Downside Target | 15.60 |
Downside Target | 16.54 |
Upside Target | 17.23 |
Upside Target | 17.30 |
Upside Target | 17.40 |
Upside Target | 17.42 |
Upside Target | 17.47 |
Upside Target | 18.76 |
Upside Target | 19.08 |
Intraday share price targets for (VEL)
Target Type | Value |
Downside Intraday Target | 16.51 |
Downside Intraday Target | 16.28 |
Upside Intraday Target | 17.18 |
Upside Intraday Target | 17.62 |
Upside Intraday Target | 16.95 |
Weekly technical analysis of (VEL)
Date | Weekly Closing Price | Open | High | Low | Volume |
29 Mon Apr 2024 | 16.73 | 16.80 | 17.40 | 16.73 | 0.153 times |
26 Fri Apr 2024 | 17.01 | 16.86 | 17.47 | 15.96 | 1.125 times |
19 Fri Apr 2024 | 16.63 | 16.37 | 17.01 | 15.70 | 0.488 times |
12 Fri Apr 2024 | 16.48 | 17.28 | 17.42 | 15.69 | 1.363 times |
05 Fri Apr 2024 | 16.82 | 18.76 | 18.76 | 16.54 | 1.133 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 |
29 Mon Apr 2024 | 16.73 | 18.76 | 18.76 | 15.69 | 1.041 times |
28 Thu Mar 2024 | 18.00 | 16.05 | 19.08 | 15.60 | 1.742 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 but the buy 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 red color and prices are below the red 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 but buying is losing 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 16.65 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 negative.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 but the buy 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 red color and prices are below the red 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 but buying is losing 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 16.65 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.