Stock Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
Velodyne Lidar, Inc. (NASDAQ:VLDR)
Sidelines Mode (-55) - VLDR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Dec 8th, 2020 at 20.09
The intermediate-term trend has been DOWN since Feb 1st, 2021 at 21.34
The short-term trend has been UP since Mar 2nd, 2021 at 16.85
Smart Scan Analysis for VLDR
Based on our trend formula, VLDR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||32.5||52wk High Date||2020-09-10|
|52wk Low||9.87||52wk Low Date||2020-03-16|
|Average Volume||5,388,118||Shares Outstanding||168,713|