VELAN INC (VLN.CA) Technical Analysis
TSX:VLN • CA9229321083
Current stock price
15.64 CAD
-0.36 (-2.25%)
Last:
VLN.CA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to VLN. VLN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 85% of all other stocks performed better in the past year than VLN.
- Warning: VLN has an average volume of 12149 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- VLN is part of the Machinery industry. There are 22 other stocks in this industry, VLN did better than 47% of them.
- VLN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VLN is lagging the market slightly.
- In the last month VLN has a been trading in the 15.00 - 16.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
VLN.CA Weekly and Daily overview Charts
VLN.CA Setup Rating and Analysis
Although the technical rating is bad, VLN does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
VLN.CA Support and Resistance Analysis
13.71
16.26
When analyzing the support we can see 5 important areas.
- Support @15.52 from a trend line in the weekly time frame.
- Support @15.04 from a trend line in the weekly time frame.
- Support @14.76 from a horizontal line in the weekly time frame.
- A support zone ranging from 14.19 to 14.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @13.85 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.80 to 16.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
VLN.CA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for VLN.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VLN.CA is neutral. |
| ChartMill Relative Strength | 15.11 | NEGATIVE | VLN.CA has a low relative strength, it was outperformed by 84.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VLN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VLN.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VLN.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.76 | NEUTRAL | The RSI value for VLN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests VLN.CA has a negative trend. |
| Stochastics (14,3) | 67.73 | NEUTRAL | The Stochastics value for VLN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for VLN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 30.9 | POSITIVE | The high ADX value value for VLN.CA suggests a strong trend. |
VLN.CA Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
VLN.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:VLN (3/23/2026, 7:00:00 PM)
15.64
-0.36 (-2.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.25%
1 Week-2.86%
2 Weeks-0.7%
1 Month-2.13%
3 Month-14.54%
6 Month-0.26%
12 Month-4.05%
2 Year167.35%
3 Year22.57%
5 Year50.24%
10 Year-12.87%
15 Year0.9%
Volatility
ATR(14)0.31
ATR(20)%1.74%
ATR Inc28.38%
Range Today0.12
ADR(20)0.23
ADR(20)%1.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.11
3 months CRS18.07
6 months CRS43.79
Mansfield-0.47
10 Day High16.25
10 Day Low15
20 Day High16.25
20 Day Low15
52 Week High19.5
52 Week Low13.61
CS1 End15.52
CR1 Start15.8
Volume & EV
DER(3)-0.79%
DER(5)-2.6%
Volume220
Volume Incr21.11%
Vol(5)3.64K
Vol(50)12.15K
VELAN INC / VLN.CA TA FAQ
Can you provide the ChartMill technical rating for VELAN INC?
ChartMill assigns a technical rating of 0 / 10 to VLN.CA.
What is the trend direction for VLN stock?
The current trend direction for VELAN INC (VLN.CA) is Bearish.
Can you provide the RSI signal for VELAN INC?
VELAN INC (VLN.CA) has an RSI value of 42.7613. This indicates that the stock is currently neutral.
What is the support and resistance level for VLN stock?
VELAN INC (VLN.CA) has a support level at 15.52 and a resistance level at 15.8. Check the full technical report for our detailed analysis of VLN.CA support and resistance levels.