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Stock Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Velan Inc (TSE:VLN)

Weak Downtrend (-65) - VLN is showing signs of a strengthening downtrend. Monitor VLN as it may be building momentum to the downside.

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.

TSE_VLN
Open High Low VLN Price Change
11.61 12.00 10.77 10.97 -0.64
Entry Signal

MarketClub’s Trade Triangles for VLN

long term up The long-term trend has been UP since Mar 28th, 2024 at 5.64

intermediate term down The intermediate-term trend has been DOWN since Nov 21st, 2024 at 10.85

short term down 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 -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for VLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.61 12.00 10.77 10.97 -0.64
Prev. Close Volume Bid Ask Time
11.61 18250 2024-11-21 15:58:52
Year High20.49Year High Date2018-01-02
Year Low8.6Year Low Date2018-11-27
52wk High20.4952wk High Date2018-01-02
52wk Low8.652wk Low Date2018-11-27
Year End Close11.37Average Volume8,209
Volatility43.6
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