Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Velodyne Lidar, Inc. (NASDAQ:VLDR)
Weak Downtrend (-65) - VLDR is showing signs of a strengthening downtrend. Monitor VLDR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid VLDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for VLDR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VLDR
The long-term trend has been DOWN since Mar 4th, 2021 at 14.00
The intermediate-term trend has been DOWN since Jul 6th, 2021 at 10.00
The short-term trend has been DOWN since Oct 18th, 2021 at 6.13
Smart Scan Analysis for VLDR
Based on our trend formula, VLDR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||30.8065||52wk High Date||2020-12-22|
|52wk Low||5.55||52wk Low Date||2021-10-06|
|Average Volume||2,557,881||Shares Outstanding||195,559|