VELAN INC (VLN.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:VLN - CA9229321083 - Common Stock
Taking everything into account, VLN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VLN is showing a nice and steady performance.
Besides having an excellent technical rating, VLN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
13.43
When analyzing the support we can see 4 important areas.
- A support zone ranging from 16.22 to 16.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.50 to 15.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.20 from a trend line in the weekly time frame.
- Support @13.57 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.90 to 18.01. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for VLN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VLN.CA is up. |
| ChartMill Relative Strength | 81.47 | POSITIVE | VLN.CA has a high relative strength, it outperformed 81.47% 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) | UP | POSITIVE | The current price of VLN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VLN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.96 | 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) | 76.68 | NEUTRAL | The Stochastics value for VLN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for VLN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 37.66 | POSITIVE | The high ADX value value for VLN.CA suggests a strong trend. |
TSX:VLN (11/27/2025, 7:00:00 PM)
17.86
-0.02 (-0.11%)
VELAN INC / VLN.CA FAQ
Can you provide the ChartMill technical rating for VELAN INC?
ChartMill assigns a technical rating of 10 / 10 to VLN.CA.
What is the current trend direction of VELAN INC (VLN.CA) stock?
The current trend direction for VELAN INC (VLN.CA) is Bullish.
Can you provide the RSI signal for VELAN INC?
VELAN INC (VLN.CA) has an RSI value of 64.9584. This indicates that the stock is currently neutral.
What is the MACD signal for VLN stock?
The MACD indicator for VELAN INC (VLN.CA) has a value of -0.013947, indicating a bearish trend.
Can you provide the buy/sell signal for VELAN INC?
The buy/sell signal for VELAN INC (VLN.CA) is buy as both the short term and long term trends are positive.