Outlook: Bearish

Sector: Basic Materials

xCalData predicts VSSL to continue its bearish phase over the next five days and trend within the range of 185 to 192.

In comparison to the previous month, the price of the stock has experienced a decline of 12.10% suggesting a bearish sentiment in the market.

Analysis of various technical ratios show the overall outlook for the stock leans towards a bearish trend, indicating a potential downward movement in its price. One notable indicator, the Stochastic Oscillator, suggests a bearish sentiment. This indicator measures the momentum of a stock and indicates whether it is overbought or oversold. In this case, the bearish reading implies that the stock may be overbought and due for a price decline. However, it is worth mentioning that the On-Balance Volume (OBV) indicator shows a bullish signal. The OBV measures the cumulative buying and selling pressure on a stock and can provide insights into potential price movements. The bullish reading suggests that the buying pressure has been increasing, which could lead to a price increase.

xCalData forecasts the stock price to continue its bearish trend for the next five days, indicating a projected decline in price during this period.

Yes, the stock has shown seasonality trend in the past.

However, reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 5 years in the past.

Stock has double thrice since 2015. It takes an average of 2.2 years to double.