Vedanta Limited (VEDL) Stock Technical Analysis
NYSE:VEDL - New York Stock Exchange, Inc. - - Currency: USD
Taking everything into account, VEDL scores 9 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, VEDL is showing a nice and steady performance.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that VEDL is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by VEDL over the past year are nicely spread over this period.
VEDL is one of the better performing stocks in the Metals & Mining industry, it outperforms 87% of 150 stocks in the same industry.
VEDL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so VEDL is performing more or less in line with the market.
VEDL has an average volume of 2016470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month VEDL has a been trading in the 15.02 - 20.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
VEDL has an excellent technical rating, but the quality of the setup is 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
15.06
18.08
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.98 to 16.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.21 to 15.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 16.57 to 16.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @17.90 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.6
Mansfield1.2
10 Day High17.41
10 Day Low15.02
20 Day High20.14
20 Day Low15.02
52 Week High20.14
52 Week Low5.83
Performance
1 Week3.9%
2 Weeks-3.57%
1 Month3%
3 Month-6.41%
6 Month9.49%
12 Month181.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.1
RSI(14)48.35
LBB15.16
UBB18.35
16.5
-0.22 (-1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.32%
1 Week3.9%
2 Weeks-3.57%
1 Month3%
3 Month-6.41%
6 Month9.49%
12 Month181.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%4.27%
ATR Inc6.08%
Range Today1.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.6
Mansfield1.2
10 Day High17.41
10 Day Low15.02
20 Day High20.14
20 Day Low15.02
52 Week High20.14
52 Week Low5.83
CS1 End16.37
CR1 Start16.57
Volume & EV
DER(3)0.19%
DER(5)0.76%
Volume16.85M
Volume Incr178.82%
Vol(5)6.04M
Vol(50)2.02M