VELAN INC (VLN.CA) Technical Analysis
TSX:VLN • CA9229321083
Overall VLN gets a technical rating of 2 out of 10. 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.
- 81% of all other stocks performed better in the past year than VLN.
- Warning: VLN has an average volume of 11974 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month VLN has a been trading in the 14.90 - 16.28 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- VLN is part of the Machinery industry. There are 22 other stocks in this industry, VLN did better than 57% 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.
- Considerably lower volume is observed in the last couple of days.
VLN has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
13.71
We found 4 important support areas.
- A support zone ranging from 15.64 to 15.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.76 to 14.98. This zone is formed by a combination of multiple trend lines 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.05 to 16.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for VLN.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VLN.CA is neutral. |
| ChartMill Relative Strength | 19.97 | NEGATIVE | VLN.CA has a low relative strength, it was outperformed by 80.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VLN.CA is above the rising 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 | MIXED | The current price of VLN.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.86 | NEUTRAL | The RSI value for VLN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests VLN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.91 | NEUTRAL | The Stochastics value for VLN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for VLN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.26 | NEUTRAL | The ADX value for VLN.CA suggests a possible start of a new trend. |
VLN.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:VLN (3/10/2026, 7:00:00 PM)
16
+0.13 (+0.79%)
VELAN INC / VLN.CA FAQ
Can you provide the ChartMill technical rating for VELAN INC?
ChartMill assigns a technical rating of 2 / 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 53.856. 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 15.92 and a resistance level at 16.05. Check the full technical report for our detailed analysis of VLN.CA support and resistance levels.