(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 149
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue Mar 2023 | 1196.20 | 1212.00 | 1220.00 | 1183.00 | 1.443 times |
| 27 Mon Mar 2023 | 1211.10 | 1250.00 | 1284.95 | 1210.00 | 2.315 times |
| 24 Fri Mar 2023 | 1245.45 | 1269.90 | 1269.95 | 1239.15 | 2.047 times |
| 23 Thu Mar 2023 | 1233.10 | 1274.40 | 1274.40 | 1230.00 | 0.074 times |
| 22 Wed Mar 2023 | 1248.00 | 1273.40 | 1273.40 | 1227.40 | 0.685 times |
| 21 Tue Mar 2023 | 1249.15 | 1249.50 | 1249.50 | 1210.20 | 0.779 times |
| 20 Mon Mar 2023 | 1237.50 | 1222.00 | 1241.50 | 1216.20 | 0.362 times |
| 17 Fri Mar 2023 | 1222.00 | 1215.00 | 1239.50 | 1215.00 | 0.047 times |
| 16 Thu Mar 2023 | 1215.05 | 1222.05 | 1238.50 | 1211.00 | 0.51 times |
| 15 Wed Mar 2023 | 1256.60 | 1250.00 | 1256.60 | 1201.00 | 2.866 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1192, for a target of 1216.5 or 1236.85
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 | 1157.82 |
| Downside Intraday Target | 1119.43 |
| Upside Intraday Target | 1259.77 |
| Upside Intraday Target | 1323.33 |
| Upside Intraday Target | 1221.38 |
Weekly technical analysis of Veljan (Veljan)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue Mar 2023 | 1196.20 | 1250.00 | 1284.95 | 1183.00 | 0.952 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 |
| 28 Tue Mar 2023 | 1196.20 | 1234.85 | 1284.95 | 1181.00 | 0.784 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 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 | 11, 25, 37 | Sell |
| MACD | -19, -15 | Sell |
| Stochastics | 31 | None |
| CCI | -203 | Sell |
| RSI | 41 | Sell |
| OBV | -1130 | Sell |
| VWAP | 1233 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
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 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 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 gaining momentum.
MACD generated a SELL signal for Veljan in short term and the sell signal is strong.
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. 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 Veljan 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
Stock of Veljan is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1233.37 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.
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