(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 24430
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 16.11 | 16.46 | 16.46 | 15.70 | 0.372 times |
| 16 Tue Apr 2024 | 16.30 | 16.04 | 16.30 | 16.04 | 0.385 times |
| 15 Mon Apr 2024 | 16.24 | 16.37 | 17.01 | 16.14 | 0.438 times |
| 12 Fri Apr 2024 | 16.48 | 16.19 | 16.68 | 15.97 | 0.663 times |
| 11 Thu Apr 2024 | 16.22 | 15.96 | 16.50 | 15.85 | 1.097 times |
| 10 Wed Apr 2024 | 16.22 | 16.71 | 16.82 | 15.69 | 2.624 times |
| 09 Tue Apr 2024 | 16.95 | 17.34 | 17.42 | 16.80 | 0.986 times |
| 08 Mon Apr 2024 | 17.14 | 17.28 | 17.28 | 16.75 | 0.729 times |
| 05 Fri Apr 2024 | 16.82 | 16.58 | 17.01 | 16.54 | 0.655 times |
| 04 Thu Apr 2024 | 17.06 | 16.96 | 17.59 | 16.62 | 1.678 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 16.5, but if it comes above 16.5, then a intra day buy could be more profitable.
If you take a sell trade below 16.5, then use 16.5 as stoploss and 15.6 as target. However if you take a buy trade in stock , then use 16.5 as stoploss and 17.2 as target.
Share price targets for (VEL)
| Target Type | Value |
| Downside Target | 13.54 |
| Downside Target | 14.51 |
| Downside Target | 15.60 |
| Upside Target | 16.54 |
| Upside Target | 17.01 |
| Upside Target | 17.30 |
| Upside Target | 17.42 |
| Upside Target | 18.76 |
| Upside Target | 18.82 |
| Upside Target | 19.08 |
Intraday share price targets for (VEL)
| Target Type | Value |
| Downside Intraday Target | 15.54 |
| Downside Intraday Target | 14.96 |
| Upside Intraday Target | 16.85 |
| Upside Intraday Target | 17.58 |
| Upside Intraday Target | 16.27 |
Weekly technical analysis of (VEL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 16.11 | 16.37 | 17.01 | 15.70 | 0.196 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 |
| 28 Thu Mar 2024 | 18.00 | 18.27 | 18.82 | 16.61 | 0.855 times |
| 22 Fri Mar 2024 | 18.00 | 17.50 | 19.08 | 17.10 | 1.023 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 |
| 17 Wed Apr 2024 | 16.11 | 18.76 | 18.76 | 15.69 | 0.703 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for in short term and the sell signal is strong.
Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 16.57 and (VEL) stock is trading below this level. This means that stock is falling with high volumes. 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for in short term and the sell signal is strong.
Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 16.57 and (VEL) stock is trading below this level. This means that stock is falling with high volumes. 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.