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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)

Showing technical analysis as on 2022-09-27 View latest technical analysis

10 day averaged volume of Veljan is 871

Date Daily Closing Price Open High Low Volume
27 Tue Sep 2022 1310.05 1291.00 1328.50 1282.50 0.211 times
26 Mon Sep 2022 1289.90 1275.00 1365.00 1265.20 1.036 times
23 Fri Sep 2022 1366.20 1335.00 1384.00 1335.00 0.699 times
22 Thu Sep 2022 1383.95 1399.95 1400.00 1350.00 0.82 times
21 Wed Sep 2022 1365.00 1417.00 1417.00 1362.55 0.258 times
20 Tue Sep 2022 1385.70 1429.00 1429.00 1356.00 0.869 times
19 Mon Sep 2022 1393.35 1402.70 1444.00 1370.00 0.459 times
16 Fri Sep 2022 1375.20 1444.00 1449.00 1365.00 1.891 times
15 Thu Sep 2022 1433.95 1425.00 1434.95 1420.00 0.54 times
14 Wed Sep 2022 1422.95 1393.00 1438.90 1362.00 1.331 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1315.9, but if it comes above 1315.9, then a intra day buy could be more profitable.
If you take a sell trade below 1315.9, then use 1315.9 as stoploss and 1268.4 as target. However if you take a buy trade in stock , then use 1315.9 as stoploss and 1355.53 as target.

Share price targets for Veljan (Veljan)

Target Type Value
Downside Target 911.00
Downside Target 980.05
Downside Target 1122.20
Downside Target 1180.00
Downside Target 1265.20
Downside Target 1300.30
Upside Target 1329.00
Upside Target 1365.00
Upside Target 1374.00
Upside Target 1390.00
Upside Target 1444.00
Upside Target 1449.00

Intraday share price targets for Veljan (Veljan)

Target Type Value
Downside Intraday Target 1261.83
Downside Intraday Target 1213.62
Upside Intraday Target 1361.63
Upside Intraday Target 1413.22
Upside Intraday Target 1313.42

Weekly technical analysis of Veljan (Veljan)

Date Weekly Closing Price Open High Low Volume
27 Tue Sep 2022 1310.05 1275.00 1365.00 1265.20 0.401 times
23 Fri Sep 2022 1366.20 1402.70 1444.00 1335.00 0.455 times
16 Fri Sep 2022 1375.20 1355.00 1449.00 1329.00 2.363 times
09 Fri Sep 2022 1315.00 1366.00 1374.00 1300.30 0.387 times
02 Fri Sep 2022 1345.45 1273.45 1359.00 1270.00 0.455 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
27 Tue Sep 2022 1310.05 1338.95 1449.00 1265.20 0.795 times
30 Tue Aug 2022 1302.35 1132.20 1390.00 1122.20 1.3 times
29 Fri Jul 2022 1166.50 995.00 1274.00 980.05 3.028 times
30 Thu Jun 2022 1003.50 1123.95 1180.00 911.00 0.591 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 13, 24, 31 Sell
MACD 56, 77Sell
Stochastics 23Sell
CCI -151Buy
RSI 48Sell
OBV 5015Sell
VWAP 1376Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 and selling is picking up 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 1376.29 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 positive

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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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