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Stock Trend Analysis Report
Prepared for you on Monday, January 30, 2023.
Velan Inc (TSE:VLN)
Strong Downtrend (-100) - VLN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, VLN continues to fall. Traders should use caution and set stops.
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 May 3rd, 2022 at 8.53
The intermediate-term trend has been DOWN since Jan 16th, 2023 at 5.15
The short-term trend has been DOWN since Jan 25th, 2023 at 5.40
Smart Scan Analysis for VLN
Based on our trend formula, VLN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.25 | 5.25 | 5.20 | 5.20 | -0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.25 | 406 | 2023-01-30 09:37:42 |
| 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 |