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(VELS_SM) Vels Film complete technical analysis [charts+indicators] | Buy/Sell Vels Film | (VELS_SM) share price targets

Complete technical analysis of Vels Film (VELS_SM) by charts plus indicators, forecast predictions and share price targets for Vels Film (VELS_SM)

Showing technical analysis as on 2024-02-22 View latest technical analysis

10 day averaged volume of Vels Film is 3960

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	83.10	83.00	83.10	83.00	0.909 times
19 Mon Feb 2024	83.00	83.00	83.00	83.00	0.909 times
16 Fri Feb 2024	84.00	84.00	84.00	84.00	0.303 times
15 Thu Feb 2024	84.00	81.00	84.00	81.00	0.606 times
14 Wed Feb 2024	83.00	83.10	85.25	82.95	3.636 times
12 Mon Feb 2024	87.00	87.00	87.00	87.00	0.303 times
09 Fri Feb 2024	88.20	80.30	88.20	80.30	2.121 times
08 Thu Feb 2024	84.00	84.00	84.00	84.00	0.303 times
07 Wed Feb 2024	87.00	87.00	87.00	87.00	0.606 times
06 Tue Feb 2024	85.00	86.95	86.95	85.00	0.909 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 83.7, but if it comes above 83.7, then a intra day buy could be more profitable.
If you take a sell trade below 83.7, then use 83.7 as stoploss and 78.3 as target. However if you take a buy trade in stock , then use 83.7 as stoploss and 88.18 as target.

Share price targets for Vels Film (VELS_SM)

Target Type	Value
Downside Target	80.30
Downside Target	83.00
Upside Target	85.00
Upside Target	87.00
Upside Target	92.95
Upside Target	96.80
Upside Target	99.00
Upside Target	106.00
Upside Target	109.10
Upside Target	111.55
Upside Target	121.85
Upside Target	133.20

Intraday share price targets for Vels Film (VELS_SM)

Target Type	Value
Downside Intraday Target	83.03
Downside Intraday Target	82.97
Upside Intraday Target	83.13
Upside Intraday Target	83.17
Downside Intraday Target	83.07

Weekly technical analysis of Vels Film (VELS_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	83.10	83.00	83.10	83.00	0.375 times
16 Fri Feb 2024	84.00	87.00	87.00	81.00	1.143 times
09 Fri Feb 2024	88.20	87.00	88.20	80.30	0.538 times
02 Fri Feb 2024	87.00	91.00	92.95	85.00	2.167 times
25 Thu Jan 2024	94.00	98.50	99.00	90.00	0.279 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 Vels Film (VELS_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	83.10	87.10	88.20	80.30	0.234 times
31 Wed Jan 2024	90.00	92.00	111.55	89.75	2.207 times
28 Thu Dec 2023	93.00	103.45	106.00	91.00	0.654 times
30 Thu Nov 2023	103.45	115.80	121.85	96.80	1.255 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 Vels Film (VELS_SM)

Price action analysis of Vels Film ( (VELS_SM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Vels Film ( (VELS_SM) ) 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 Vels Film ( (VELS_SM) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Vels Film ( (VELS_SM) ) 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 Vels Film stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Vels Film in short term and the sell signal is strong.

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

Vels Film 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 moving up

CCI has generated a buy signal for Vels Film 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

Stock of Vels Film is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 84.68 and Vels Film (VELS_SM) 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 Vels Film (VELS_SM) stock. Volume based technical analysis of Vels Film (VELS_SM) stock is negative.

Vels Film 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.