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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 2024-03-27 View latest technical analysis

10 day averaged volume of Vels Film is 17160

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	63.70	62.90	64.70	61.75	1.119 times
26 Tue Mar 2024	65.00	65.00	65.00	65.00	0.07 times
22 Fri Mar 2024	66.80	61.00	66.80	61.00	3.287 times
21 Thu Mar 2024	63.65	61.00	64.45	60.25	1.678 times
20 Wed Mar 2024	62.65	62.95	62.95	62.60	1.818 times
19 Tue Mar 2024	65.90	69.00	69.00	65.90	0.21 times
18 Mon Mar 2024	67.65	66.80	67.65	65.00	0.35 times
15 Fri Mar 2024	64.45	68.75	68.75	64.45	0.28 times
14 Thu Mar 2024	65.80	60.50	65.80	60.50	0.49 times
13 Wed Mar 2024	62.70	63.05	63.05	62.70	0.35 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 62.9 as stoploss in an intra day buy trade for a target of 70.55. However, stock will show a bearish move below 62.9.

Share price targets for Vels Film (VELS_SM)

Target Type	Value
Downside Target	60.25
Downside Target	61.75
Upside Target	65.00
Upside Target	68.50
Upside Target	70.40
Upside Target	78.05
Upside Target	83.00
Upside Target	85.00
Upside Target	88.20
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	61.97
Downside Intraday Target	60.23
Upside Intraday Target	65.22
Upside Intraday Target	66.73
Downside Intraday Target	63.48

Weekly technical analysis of Vels Film (VELS_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	63.70	65.00	65.00	61.75	0.162 times
22 Fri Mar 2024	66.80	66.80	69.00	60.25	1.944 times
15 Fri Mar 2024	64.45	67.35	70.40	60.50	1.08 times
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

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
27 Wed Mar 2024	63.70	85.00	85.00	60.25	3.594 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, and volume has increased substantially. This means that the move can 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 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 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 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 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 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 BUY signal in short term and the buying is gaining 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 64.84 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.