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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Velan Inc (TSE:VLN)
Sidelines Mode (+55) - VLN 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 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 UP since Mar 28th, 2024 at 5.64
The intermediate-term trend has been UP since Jun 10th, 2024 at 5.89
The short-term trend has been DOWN since Nov 19th, 2024 at 12.05
Smart Scan Analysis for VLN
Based on our trend formula, VLN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.2 | 12.2 | 11.3 | 11.4 | -0.8 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.4 | 8020 | 2024-11-19 13:46:02 |
| 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 |