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Stock analysis Veedol Corporation Ltd VEEDOL

More indepth analysis on MunafaSutra.com

Moving Averages for Veedol Corporation Ltd

  • 5Day Average: 1681.82
  • 12Day Average: 1667.48
  • 20Day Average: 1700.34
  • 50Day Average: 1795.01

VEEDOL Indicators & signals

Indicator MACD (12,26,9)

1687.9, 1727.78, -47.28
Indicator MACD is in negative zone

Indicator ADX (14)

10.25, 20.19, 24.8
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 42
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of VEEDOL Veedol Corporation Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 1666.55 1655.00 to 1732.65 -2.52% 0.76 times
09 Thu Jan 2025 1709.70 1691.65 to 1749.00 0.52% 0.76 times
08 Wed Jan 2025 1700.90 1675.55 to 1705.00 -0.21% 0.76 times
07 Tue Jan 2025 1704.40 1625.25 to 1758.00 4.72% 2.33 times
06 Mon Jan 2025 1627.55 1615.00 to 1670.00 -2.69% 1.71 times
03 Fri Jan 2025 1672.55 1655.10 to 1688.00 0.09% 0.4 times
02 Thu Jan 2025 1671.05 1658.30 to 1680.00 1.06% 0.64 times
01 Wed Jan 2025 1653.45 1631.80 to 1671.20 0.39% 0.66 times
31 Tue Dec 2024 1646.95 1606.45 to 1660.95 0.2% 1.44 times
30 Mon Dec 2024 1643.60 1630.00 to 1666.60 -1.07% 0.96 times
27 Fri Dec 2024 1661.35 1652.00 to 1669.60 0.59% 0.34 times
26 Thu Dec 2024 1651.65 1649.00 to 1693.45 -1.82% 0.73 times

Technical analysis forecast for Veedol Corporation Ltd Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Veedol Corporation Ltd VEEDOL at this time. Stock is falling and might fall more.

It appears as if Veedol Corporation Ltd VEEDOL gave a large move recently.

Stock of Veedol Corporation Ltd (VEEDOL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Veedol Corporation Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1654.7 as stoploss in an intra day buy trade for a target of 1709.82. However, stock will show a bearish move below 1654.7.

More indepth analysis on MunafaSutra.com