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(Veljan) Veljan complete technical analysis [charts+indicators] | Buy/Sell Veljan | (Veljan) share price targets

Complete technical analysis of Veljan (Veljan) by charts plus indicators, forecast predictions and share price targets for Veljan (Veljan)

10 day averaged volume of Veljan is 406

Date Daily Closing Price Open High Low Volume
27 Fri May 2022 1072.35 1118.50 1118.50 1063.00 0.195 times
26 Thu May 2022 1062.05 1092.10 1106.80 1050.00 0.401 times
25 Wed May 2022 1090.30 1112.00 1146.85 1082.00 0.899 times
24 Tue May 2022 1111.40 1130.00 1150.00 1102.65 0.64 times
23 Mon May 2022 1113.40 1105.00 1184.95 1105.00 4.603 times
20 Fri May 2022 1074.55 1065.00 1075.00 1064.80 0.076 times
19 Thu May 2022 1029.75 1041.45 1050.10 1010.35 0.887 times
18 Wed May 2022 1008.95 1020.10 1073.00 1000.00 0.692 times
17 Tue May 2022 1039.00 1049.95 1089.00 1025.10 0.387 times
16 Mon May 2022 1025.60 1025.00 1055.00 995.10 0.207 times

My analysis of stock is bullish for shortterm, and stock might move up till 1111.9 or till 1176.4. Use a stoploss of 1058.07 and if this stock hits its stoploss, then it can fall down till 1004.29

Share price targets for Veljan (Veljan)

Target Type Value
Downside Target 912.00
Downside Target 995.10
Downside Target 1049.00
Upside Target 1089.00
Upside Target 1121.00
Upside Target 1150.00
Upside Target 1184.95
Upside Target 1190.00
Upside Target 1220.00
Upside Target 1232.95
Upside Target 1300.00
Upside Target 1424.00

Intraday share price targets for Veljan (Veljan)

Target Type Value
Downside Intraday Target 1019.92
Downside Intraday Target 967.48
Upside Intraday Target 1154.87
Upside Intraday Target 1237.38
Upside Intraday Target 1102.43

Weekly technical analysis of Veljan (Veljan)

Date Weekly Closing Price Open High Low Volume
27 Fri May 2022 1072.35 1105.00 1184.95 1050.00 2.997 times
20 Fri May 2022 1074.55 1025.00 1089.00 995.10 0.285 times
13 Fri May 2022 1025.00 1093.10 1093.10 912.00 1.919 times
06 Fri May 2022 1072.65 1121.00 1150.00 1053.50 0.699 times
29 Fri Apr 2022 1131.75 1184.00 1190.00 1121.00 0.289 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Veljan (Veljan)

Date Monthly Closing Price Open High Low Volume
27 Fri May 2022 1072.35 1121.00 1184.95 912.00 0.599 times
29 Fri Apr 2022 1131.75 1138.00 1220.00 1049.00 1.678 times
31 Thu Mar 2022 1139.85 1150.20 1232.95 1090.05 0.544 times
28 Mon Feb 2022 1183.75 1257.95 1300.00 1001.20 0.335 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 Veljan (Veljan)

Indicator Name Indicator Value Indicator Signal
ADX 26, 21, 12 Buy
MACD -26, -37Buy
Stochastics 51None
CCI 26Buy
RSI 54Buy
OBV -3036Sell
VWAP 1086Sell
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Veljan ( (Veljan) ) 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 Veljan ( (Veljan) ) 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 Veljan ( (Veljan) ) 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 Veljan ( (Veljan) ) 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 Veljan stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Veljan in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Veljan 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Veljan 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Veljan is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1085.92 and Veljan (Veljan) 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 Veljan (Veljan) stock. Volume based technical analysis of Veljan (Veljan) stock is negative.

Veljan 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.

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Daily charts

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