VELAN INC (VLN.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:VLN - CA9229321083 - Common Stock
We assign a technical rating of 1 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.
- 88% of all other stocks performed better in the past year than VLN.
- VLN is part of the Machinery industry. There are 22 other stocks in this industry, of which 61% are performing better than VLN.
- VLN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month VLN has a been trading in the 14.01 - 19.50 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: VLN has an average volume of 13428 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
The technical rating of VLN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.61
We found 1 important support area.
- A support zone ranging from 14.76 to 14.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 17.98 to 18.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | 12.44 | NEGATIVE | VLN.CA has a low relative strength, it was outperformed by 87.56% 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) | 22.72 | OVERSOLD | The low RSI value suggests VLN.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests VLN.CA has a negative trend. |
| Stochastics (14,3) | 27.36 | NEUTRAL | The Stochastics value for VLN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.31 | MEDIUM VOLATILITY | The ATR as a percentage value for VLN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 32.49 | POSITIVE | The high ADX value value for VLN.CA suggests a strong trend. |
TSX:VLN (1/16/2026, 7:00:00 PM)
14.77
-0.13 (-0.87%)
VELAN INC / VLN.CA FAQ
Can you provide the ChartMill technical rating for VELAN INC?
ChartMill assigns a technical rating of 1 / 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 22.7167. This indicates that the stock is currently oversold.
What is the support and resistance level for VLN stock?
VELAN INC (VLN.CA) has a support level at 14.76 and a resistance level at 17.98. Check the full technical report for our detailed analysis of VLN.CA support and resistance levels.