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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 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, -15Sell
Stochastics 31None
CCI -203Sell
RSI 41Sell
OBV -1130Sell
VWAP 1233Sell
ADL 0Sell
ROC -4Sell
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 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.

Click here for Veljan charts

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Daily charts

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Daily chart

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