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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 2024-03-07 View latest technical analysis

10 day averaged volume of Vels Film is 6600

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	70.00	70.15	71.80	68.50	3.818 times
06 Wed Mar 2024	71.55	75.30	75.30	71.55	2.545 times
05 Tue Mar 2024	75.30	77.25	77.45	75.30	2.364 times
04 Mon Mar 2024	79.25	83.00	83.00	79.25	0.364 times
01 Fri Mar 2024	81.20	85.00	85.00	81.20	0.727 times
29 Thu Feb 2024	85.05	85.05	85.05	85.05	0.182 times
28 Wed Feb 2024	85.80	81.75	85.80	78.05	2.545 times
27 Tue Feb 2024	81.75	81.75	81.75	81.75	0.182 times
26 Mon Feb 2024	85.60	85.45	85.60	85.45	0.364 times
23 Fri Feb 2024	85.45	85.45	85.45	85.45	0.182 times

Stock of Vels Film (VELS_SM) has showed a significant fall. This could be a good time to exit from this stock.

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 71.9, for a target of 77.6 or 82.46

Share price targets for Vels Film (VELS_SM)

Target Type	Value
Downside Target	68.50
Upside Target	78.05
Upside Target	80.30
Upside Target	83.00
Upside Target	85.00
Upside Target	88.20
Upside Target	89.75
Upside Target	91.00
Upside Target	96.80
Upside Target	106.00
Upside Target	111.55
Upside Target	121.85

Intraday share price targets for Vels Film (VELS_SM)

Target Type	Value
Downside Intraday Target	64.67
Downside Intraday Target	59.33
Upside Intraday Target	79.17
Upside Intraday Target	88.33
Upside Intraday Target	73.83

Weekly technical analysis of Vels Film (VELS_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	70.00	83.00	83.00	68.50	2.273 times
01 Fri Mar 2024	81.20	85.45	85.80	78.05	3.143 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

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
07 Thu Mar 2024	70.00	85.00	85.00	68.50	0.844 times
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

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 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 Vels Film ( (VELS_SM) ) based on a short to mid 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 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 gaining momentum.

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

Vels Film 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Vels Film 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 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 76.14 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.