Stock Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Velan Inc (TSE:VLN)
Bear Market Rally (-75) - VLN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on VLN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid VLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for VLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for VLN
The long-term trend has been DOWN since Aug 1st, 2023 at 12.55
The intermediate-term trend has been DOWN since Feb 9th, 2024 at 5.21
The short-term trend has been UP since Mar 14th, 2024 at 5.10
Smart Scan Analysis for VLN
Based on our trend formula, VLN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
5.10 | 5.10 | 5.07 | 5.07 | -0.02 |
Prev. Close | Volume | Bid | Ask | Time |
5.12 | 1029 | 2024-03-15 11:26:01 |
Year High | 20.49 | Year High Date | 2018-01-02 |
Year Low | 8.6 | Year Low Date | 2018-11-27 |
52wk High | 20.49 | 52wk High Date | 2018-01-02 |
52wk Low | 8.6 | 52wk Low Date | 2018-11-27 |
Year End Close | 11.37 | Average Volume | 8,209 |
Volatility | 43.6 |