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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 2022-09-28 View latest technical analysis

10 day averaged volume of Veljan is 707

Date Daily Closing Price Open High Low Volume
28 Wed Sep 2022 1254.60 1270.05 1305.45 1234.20 0.487 times
27 Tue Sep 2022 1310.05 1291.00 1328.50 1282.50 0.26 times
26 Mon Sep 2022 1289.90 1275.00 1365.00 1265.20 1.276 times
23 Fri Sep 2022 1366.20 1335.00 1384.00 1335.00 0.861 times
22 Thu Sep 2022 1383.95 1399.95 1400.00 1350.00 1.01 times
21 Wed Sep 2022 1365.00 1417.00 1417.00 1362.55 0.318 times
20 Tue Sep 2022 1385.70 1429.00 1429.00 1356.00 1.071 times
19 Mon Sep 2022 1393.35 1402.70 1444.00 1370.00 0.566 times
16 Fri Sep 2022 1375.20 1444.00 1449.00 1365.00 2.33 times
15 Thu Sep 2022 1433.95 1425.00 1434.95 1420.00 0.665 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 1256.5, for a target of 1309.2 or 1353.14

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 1234.20
Upside Target 1270.00
Upside 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 1204.2
Downside Intraday Target 1153.8
Upside Intraday Target 1335
Upside Intraday Target 1415.4
Upside Intraday Target 1284.6

Weekly technical analysis of Veljan (Veljan)

Date Weekly Closing Price Open High Low Volume
28 Wed Sep 2022 1254.60 1275.00 1365.00 1234.20 0.529 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
28 Wed Sep 2022 1254.60 1338.95 1449.00 1234.20 0.811 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 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, 28, 44 Sell
MACD 41, 68Sell
Stochastics 16Sell
CCI -156Sell
RSI 45Sell
OBV 4924Sell
VWAP 1361Sell
ADL 0Sell
ROC -12Sell
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 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 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 gaining 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 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 1360.95 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

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Daily charts

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Daily chart

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