(VRM) complete technical analysis [charts+indicators] | Buy/Sell | (VRM) share price targets
Complete technical analysis of (VRM) by charts plus indicators, forecast predictions and share price targets for (VRM)
10 day averaged volume of is 92334
Date | Daily Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 11.17 | 11.67 | 11.67 | 11.13 | 0.302 times |
16 Thu May 2024 | 11.67 | 11.25 | 11.76 | 11.02 | 0.272 times |
15 Wed May 2024 | 11.20 | 11.63 | 11.63 | 10.96 | 0.435 times |
14 Tue May 2024 | 11.50 | 12.01 | 12.03 | 11.01 | 0.676 times |
13 Mon May 2024 | 11.50 | 12.45 | 12.48 | 9.97 | 2.549 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 11 as stoploss in an intra day buy trade for a target of 12.03. However, stock will show a bearish move below 11.
Share price targets for (VRM)
Target Type | Value |
Downside Target | 0.19 |
Downside Target | 0.22 |
Downside Target | 0.63 |
Downside Target | 9.97 |
Downside Target | 10.43 |
Downside Target | 11.14 |
Upside Target | 12.00 |
Upside Target | 12.43 |
Upside Target | 13.48 |
Upside Target | 13.88 |
Upside Target | 15.20 |
Upside Target | 16.82 |
Upside Target | 22.22 |
Intraday share price targets for (VRM)
Target Type | Value |
Downside Intraday Target | 9.93 |
Downside Intraday Target | 8.7 |
Upside Intraday Target | 12.44 |
Upside Intraday Target | 13.72 |
Upside Intraday Target | 11.21 |
Weekly technical analysis of (VRM)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 11.17 | 12.45 | 12.48 | 9.97 | 0.734 times |
10 Fri May 2024 | 12.40 | 13.63 | 16.82 | 12.04 | 2.032 times |
03 Fri May 2024 | 12.84 | 11.45 | 13.88 | 11.14 | 2.074 times |
26 Fri Apr 2024 | 11.41 | 11.33 | 12.43 | 10.55 | 0.949 times |
19 Fri Apr 2024 | 11.36 | 12.00 | 12.00 | 10.43 | 0.732 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of (VRM)
Date | Monthly Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 11.17 | 11.52 | 16.82 | 9.97 | 1.666 times |
30 Tue Apr 2024 | 11.17 | 13.36 | 13.48 | 10.43 | 0.088 times |
28 Thu Mar 2024 | 13.43 | 11.95 | 22.22 | 10.01 | 0.364 times |
29 Thu Feb 2024 | 11.70 | 0.24 | 15.20 | 0.19 | 0.263 times |
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of (VRM)
Indicator Name | Indicator Value | Indicator Signal |
ADX | 20, 20, 0 | Sell |
MACD | 0, 1 | Sell |
Stochastics | 20 | Sell |
CCI | -70 | Sell |
RSI | 57 | Buy |
OBV | 106629 | Sell |
VWAP | 13 | Sell |
ADL | 0 | Sell |
ROC | -13 | Sell |
Force Index | 0 | Sell |
Price action analysis of ( (VRM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of ( (VRM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of ( (VRM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of ( (VRM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for in short term but the sell signal is initial and weak.
Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.02 and (VRM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the (VRM) stock. Volume based technical analysis of (VRM) stock is negative.
Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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