Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-29 View latest technical analysis

10 day averaged volume of Vels Film is 4800

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	85.05	85.05	85.05	85.05	0.25 times
28 Wed Feb 2024	85.80	81.75	85.80	78.05	3.5 times
27 Tue Feb 2024	81.75	81.75	81.75	81.75	0.25 times
26 Mon Feb 2024	85.60	85.45	85.60	85.45	0.5 times
23 Fri Feb 2024	85.45	85.45	85.45	85.45	0.25 times
22 Thu Feb 2024	83.10	83.00	83.10	83.00	0.75 times
19 Mon Feb 2024	83.00	83.00	83.00	83.00	0.75 times
16 Fri Feb 2024	84.00	84.00	84.00	84.00	0.25 times
15 Thu Feb 2024	84.00	81.00	84.00	81.00	0.5 times
14 Wed Feb 2024	83.00	83.10	85.25	82.95	3 times

My analysis of stock is bearish for shortterm, and stock might move down till 83.4 or till 80.8. Use a stoploss of 85.65 and if the stock hits stoploss, then it can shoot up till 87.87

Share price targets for Vels Film (VELS_SM)

Target Type	Value
Downside Target	78.05
Downside Target	80.30
Downside Target	83.00
Downside Target	85.00
Upside Target	91.00
Upside Target	92.95
Upside Target	96.80
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	80.13
Downside Intraday Target	75.22
Upside Intraday Target	87.88
Upside Intraday Target	90.72
Downside Intraday Target	82.97

Weekly technical analysis of Vels Film (VELS_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	85.05	85.45	85.80	78.05	2.571 times
23 Fri Feb 2024	85.45	83.00	85.45	83.00	0.438 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Vels Film (VELS_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	85.05	87.10	88.20	78.05	0.333 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 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.

Price action analysis of Vels Film ( (VELS_SM) ) based on a short to mid 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.

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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Vels Film in short term but the buy signal is initial and weak.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Vels Film in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 84.27 and Vels Film (VELS_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.