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(VelRe) Vel Re complete technical analysis [charts+indicators] | Buy/Sell Vel Re | (VelRe) share price targets

Complete technical analysis of Vel Re (VelRe) by charts plus indicators, forecast predictions and share price targets for Vel Re (VelRe)

10 day averaged volume of Vel Re is 42595

Date Daily Closing Price Open High Low Volume
06 Mon Feb 2023 1.32 1.32 1.32 1.32 0.636 times
03 Fri Feb 2023 1.38 1.38 1.38 1.38 0.129 times
02 Thu Feb 2023 1.45 1.45 1.45 1.45 0.159 times
01 Wed Feb 2023 1.52 1.52 1.52 1.52 0.1 times
31 Tue Jan 2023 1.60 1.60 1.60 1.60 0.216 times
30 Mon Jan 2023 1.65 1.65 1.65 1.65 0.277 times
27 Fri Jan 2023 1.80 1.80 1.80 1.80 0.085 times
25 Wed Jan 2023 2.00 2.00 2.00 2.00 0.619 times
24 Tue Jan 2023 2.20 2.20 2.75 2.20 7.109 times
23 Mon Jan 2023 2.75 2.75 2.75 2.75 0.842 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 0, for a target of 0 or

Share price targets for Vel Re (VelRe)

Target Type Value
Downside Target 1.32
Upside Target 1.38
Upside Target 1.52
Upside Target 1.60
Upside Target 1.65
Upside Target 1.80
Upside Target 2.75
Upside Target 12.00

Intraday share price targets for Vel Re (VelRe)

Target Type Value
Downside Intraday Target 1.32
Downside Intraday Target 1.32
Downside Intraday Target 1.32
Downside Intraday Target 1.32
Downside Intraday Target 1.32

Weekly technical analysis of Vel Re (VelRe)

Date Weekly Closing Price Open High Low Volume
06 Mon Feb 2023 1.32 1.32 1.32 1.32 0.721 times
03 Fri Feb 2023 1.38 1.65 1.65 1.38 0.102 times
27 Fri Jan 2023 1.80 2.75 2.75 1.80 0 times
01 Thu Jan 1970 0 times
01 Thu Jan 1970 0 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 Vel Re (VelRe)

Date Monthly Closing Price Open High Low Volume
06 Mon Feb 2023 1.32 1.52 1.52 1.32 0.098 times
31 Tue Jan 2023 1.60 12.00 12.00 1.60 0 times
01 Thu Jan 1970 0 times
01 Thu Jan 1970 0 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 Vel Re (VelRe)

Indicator Name Indicator Value Indicator Signal
ADX 0, 100, 100 Sell
MACD 1, 0Buy
Stochastics 0Sell
CCI -87Sell
RSI 0Sell
OBV -461761Sell
VWAP 2Sell
ADL 0Sell
ROC -61Sell
Force Index 0Sell

Price action analysis of Vel Re ( (VelRe) ) based on a short term time period is

Price action analysis of Vel Re ( (VelRe) ) based on a short term time period is

Price action analysis of Vel Re ( (VelRe) ) based on a short to mid term time period is

Price action analysis of Vel Re ( (VelRe) ) based on a mid to longer term time period is

ADX buy sell signal for Vel Re stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Vel Re in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Vel Re Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Vel Re 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Vel Re is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.12 and Vel Re (VelRe) 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 Vel Re (VelRe) stock. Volume based technical analysis of Vel Re (VelRe) stock is negative.

Vel Re 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 Vel Re charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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