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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)

10 day averaged volume of Vels Film is 3360

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	63.50	63.50	63.50	63.50	0.357 times
30 Tue Apr 2024	63.50	64.70	64.70	63.50	1.071 times
29 Mon Apr 2024	64.70	61.00	64.85	61.00	1.071 times
26 Fri Apr 2024	62.70	61.00	62.70	61.00	0.714 times
19 Fri Apr 2024	62.70	63.05	63.05	62.70	0.714 times
09 Tue Apr 2024	66.00	66.00	66.00	66.00	0.714 times
08 Mon Apr 2024	68.00	68.00	68.00	68.00	0.357 times
05 Fri Apr 2024	68.00	68.00	68.00	68.00	0.357 times
03 Wed Apr 2024	70.35	69.75	70.35	69.75	1.786 times
02 Tue Apr 2024	67.00	64.00	67.00	64.00	1.429 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 62.8 as stoploss in an intra day buy trade for a target of 65.08. However, stock will show a bearish move below 62.8.

Share price targets for Vels Film (VELS_SM)

Target Type	Value
Downside Target	60.25
Downside Target	62.55
Upside Target	64.85
Upside Target	68.00
Upside Target	70.35
Upside Target	78.05
Upside Target	85.00
Upside Target	88.20
Upside Target	89.75
Upside Target	111.55

Intraday share price targets for Vels Film (VELS_SM)

Target Type	Value
Downside Intraday Target	61.38
Downside Intraday Target	59.27
Upside Intraday Target	65.23
Upside Intraday Target	66.97
Downside Intraday Target	63.12

Weekly technical analysis of Vels Film (VELS_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	63.50	61.00	64.85	61.00	3.5 times
26 Fri Apr 2024	62.70	61.00	62.70	61.00	0.4 times
19 Fri Apr 2024	62.70	68.00	68.00	62.70	0.333 times
05 Fri Apr 2024	68.00	64.00	70.35	62.55	0.556 times
28 Thu Mar 2024	61.25	65.00	65.80	61.00	0.257 times

Price has moved up 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
02 Thu May 2024	63.50	63.50	63.50	63.50	0.036 times
30 Tue Apr 2024	63.50	64.00	70.35	61.00	0.117 times
28 Thu Mar 2024	61.25	85.00	85.00	60.25	3.75 times
29 Thu Feb 2024	85.05	87.10	88.20	78.05	0.333 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 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 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 losing 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. 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 Vels Film in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 66.11 and Vels Film (VELS_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.