In the medium term the prices have been in Downtrend.
Longer to medium Term Trend is Down.
VEDL Japanese Candlestick Analysis:
VEDL is trading near the middle of the day's range.
Lower High and Lower Low compared to previous day. Bearish
Day's Range: 190.20 ~ 195.65
VEDL opened at 191.40 compared to previous close of 195.70
1 candlestick pattern: none
2 candlestick pattern: none
3 candlestick pattern: none
VEDL Gap Support and Resistance
VEDL day chart has unfilled gap down on 2018-11-06: 213.65~220.80 to act as resistance.
VEDL day chart has unfilled gap down on 2018-04-24: 299.80~304.00 to act as resistance.
Pivot, Support and Resistance:
*pivot points are calculated based on the closing data of 2018-12-10
VEDL Volume and Moving Average Analysis:
Day's Range (.)
20 Day Range (.)
50 Day Range (.)
52-Week Range (.)
20-Day SMA: 200.7
20-Day average volume: 12,981,002
VEDL has average daily volume of 12,981,002 compared to today's volume of 6,766,000. It is currently trading Below 20 day simple moving average.
50-Day SMA: 210.8
50-Day average volume: 15,328,105
Short Term Trend is Down!!!
VEDL has a resistance around the gap down area between today's high and previous close 195.65 ~ 195.70
It is currently trading about 46% below it's 52-week high.
VEDL has made a new 52-week low today at 190.20.
For any stock, the 52-week low event is an important milestone because it implies very negative momentum. During such technical setups, fundamental investors usually stay away and are careful buying the stock.
Disclaimer: This tool is designed for educational purpose only. Please consult your financial advisor before making any investing or trading decision. The site does not take any resposibility for any profit or loss.
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Stock Momentum Study
Stock Moving Averages
Breakout and Breakdown based on Average Daily Volume
Japanese Candlestick Pattern Recognition of high-potential candlestick patterns
Intraday Sentiment among Traders and Investors
52-week high low summary
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