(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 166
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Mar 2023 | 1219.75 | 1219.90 | 1219.90 | 1219.70 | 0.361 times |
| 28 Tue Mar 2023 | 1196.20 | 1212.00 | 1220.00 | 1183.00 | 1.295 times |
| 27 Mon Mar 2023 | 1211.10 | 1250.00 | 1284.95 | 1210.00 | 2.078 times |
| 24 Fri Mar 2023 | 1245.45 | 1269.90 | 1269.95 | 1239.15 | 1.837 times |
| 23 Thu Mar 2023 | 1233.10 | 1274.40 | 1274.40 | 1230.00 | 0.066 times |
| 22 Wed Mar 2023 | 1248.00 | 1273.40 | 1273.40 | 1227.40 | 0.614 times |
| 21 Tue Mar 2023 | 1249.15 | 1249.50 | 1249.50 | 1210.20 | 0.699 times |
| 20 Mon Mar 2023 | 1237.50 | 1222.00 | 1241.50 | 1216.20 | 0.325 times |
| 17 Fri Mar 2023 | 1222.00 | 1215.00 | 1239.50 | 1215.00 | 0.042 times |
| 16 Thu Mar 2023 | 1215.05 | 1222.05 | 1238.50 | 1211.00 | 0.458 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1217.5 as stoploss in an intra day buy trade for a target of 1237.33. However, stock will show a bearish move below 1217.5.
Share price targets for Veljan (Veljan)
| Target Type | Value |
| Downside Target | 1106.00 |
| Downside Target | 1160.00 |
| Upside Target | 1272.50 |
| Upside Target | 1275.00 |
| Upside Target | 1284.95 |
| Upside Target | 1340.00 |
| Upside Target | 1380.00 |
| Upside Target | 1399.00 |
| Upside Target | 1418.00 |
Intraday share price targets for Veljan (Veljan)
| Target Type | Value |
| Downside Intraday Target | 1173.52 |
| Downside Intraday Target | 1127.28 |
| Upside Intraday Target | 1275.47 |
| Upside Intraday Target | 1331.18 |
| Upside Intraday Target | 1229.23 |
Weekly technical analysis of Veljan (Veljan)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Mar 2023 | 1219.75 | 1250.00 | 1284.95 | 1183.00 | 1.054 times |
| 24 Fri Mar 2023 | 1245.45 | 1222.00 | 1274.40 | 1210.20 | 0.309 times |
| 17 Fri Mar 2023 | 1222.00 | 1265.00 | 1272.50 | 1181.00 | 0.701 times |
| 10 Fri Mar 2023 | 1264.05 | 1254.00 | 1275.00 | 1220.05 | 0.767 times |
| 03 Fri Mar 2023 | 1254.15 | 1220.00 | 1275.00 | 1195.00 | 1.64 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 Veljan (Veljan)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Wed Mar 2023 | 1219.75 | 1234.85 | 1284.95 | 1181.00 | 0.789 times |
| 28 Tue Feb 2023 | 1210.00 | 1300.05 | 1399.00 | 1195.05 | 0.955 times |
| 31 Tue Jan 2023 | 1300.25 | 1278.00 | 1340.00 | 1106.00 | 0.887 times |
| 30 Fri Dec 2022 | 1259.50 | 1234.00 | 1418.00 | 1175.00 | 0.713 times |
Scroll below to view daily charts
Price has moved up 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 | 11, 23, 37 | Sell |
| MACD | -19, -16 | Sell |
| Stochastics | 20 | Sell |
| CCI | -66 | Buy |
| RSI | 43 | Sell |
| OBV | -398 | Sell |
| VWAP | 1225 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Veljan ( (Veljan) ) 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 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 to mid 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Veljan in short term and the sell signal is strong.
Veljan 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 moving up
CCI has generated a buy signal for Veljan in short term but BUY signal is weak.
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 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 1225.05 and Veljan (Veljan) 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 Veljan (Veljan) stock. Volume based technical analysis of Veljan (Veljan) stock is negative.
Veljan Stock has given negative 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.
Click here for further forecast and predictions for tomorrow