Stock Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Vedanta Limited American Depositary Shares (Each representing four equity shares) (NYSE:VEDL)
Countertrend Up (+85) - VEDL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid VEDL?
MarketClub looks at technical strength and momentum to determine if the timing is right for VEDL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VEDL
The long-term trend has been UP since Dec 9th, 2020 at 7.5177
The intermediate-term trend has been UP since Oct 11th, 2021 at 16.3000
The short-term trend has been DOWN since Oct 21st, 2021 at 18.6400
Smart Scan Analysis for VEDL
Based on our trend formula, VEDL is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||21.99||Year High Date||2018-01-25|
|Year Low||10.66||Year Low Date||2018-11-28|
|52wk High||20.14||52wk High Date||2021-10-18|
|52wk Low||4.92||52wk Low Date||2020-11-04|
|Average Volume||1,727,149||Market Cap||7,676M|