(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 519
|Date||Daily Closing Price||Open||High||Low||Volume|
|24 Tue May 2022||1111.40||1130.00||1150.00||1102.65||0.501 times|
|23 Mon May 2022||1113.40||1105.00||1184.95||1105.00||3.601 times|
|20 Fri May 2022||1074.55||1065.00||1075.00||1064.80||0.06 times|
|19 Thu May 2022||1029.75||1041.45||1050.10||1010.35||0.694 times|
|18 Wed May 2022||1008.95||1020.10||1073.00||1000.00||0.541 times|
|17 Tue May 2022||1039.00||1049.95||1089.00||1025.10||0.303 times|
|16 Mon May 2022||1025.60||1025.00||1055.00||995.10||0.162 times|
|13 Fri May 2022||1025.00||957.00||1026.95||957.00||0.934 times|
|12 Thu May 2022||945.00||945.00||965.00||912.00||0.622 times|
|11 Wed May 2022||945.85||977.00||1000.10||926.00||2.47 times|
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1131.9 as stoploss in an intra day sell trade for a target of 1069.14. However, stock will show a bullish move above 1131.9.
Share price targets for Veljan (Veljan)
Intraday share price targets for Veljan (Veljan)
|Downside Intraday Target||1081.05|
|Downside Intraday Target||1050.7|
|Upside Intraday Target||1163.35|
|Upside Intraday Target||1215.3|
|Upside Intraday Target||1133|
Weekly technical analysis of Veljan (Veljan)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|24 Tue May 2022||1111.40||1105.00||1184.95||1102.65||2.332 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 up 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|
|24 Tue May 2022||1111.40||1121.00||1184.95||912.00||0.556 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||33, 18, 29||Buy|
Price action analysis of Veljan ( (Veljan) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Veljan ( (Veljan) ) 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 Veljan ( (Veljan) ) 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 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 Strong and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Veljan 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 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 1036.96 and Veljan (Veljan) 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 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.