(VelanHotels) Velan Hotels complete technical analysis [charts+indicators] | Buy/Sell Velan Hotels | (VelanHotels) share price targets
Complete technical analysis of Velan Hotels (VelanHotels) by charts plus indicators, forecast predictions and share price targets for Velan Hotels (VelanHotels)
Showing technical analysis as on 2024-04-19 View latest technical analysis
10 day averaged volume of Velan Hotels is 63081
Date | Daily Closing Price | Open | High | Low | Volume |
19 Fri Apr 2024 | 6.34 | 6.34 | 6.34 | 6.34 | 0.367 times |
18 Thu Apr 2024 | 6.04 | 6.00 | 6.04 | 6.00 | 0.228 times |
16 Tue Apr 2024 | 5.76 | 5.58 | 5.85 | 5.43 | 0.16 times |
15 Mon Apr 2024 | 5.58 | 5.73 | 6.08 | 5.56 | 0.647 times |
12 Fri Apr 2024 | 5.82 | 6.00 | 6.17 | 5.70 | 0.391 times |
10 Wed Apr 2024 | 5.99 | 6.43 | 6.43 | 5.90 | 0.261 times |
09 Tue Apr 2024 | 6.19 | 6.53 | 6.83 | 6.19 | 0.814 times |
08 Mon Apr 2024 | 6.51 | 6.34 | 6.53 | 6.11 | 0.458 times |
05 Fri Apr 2024 | 6.22 | 5.83 | 6.22 | 5.81 | 0.435 times |
04 Thu Apr 2024 | 5.93 | 6.10 | 6.12 | 5.85 | 2.599 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6.2, but if it comes below 6.2, then a intra day sell could be more profitable.
If you take a sell trade below 6.2, then use 6.2 as stoploss and 5.91 as target. However if you take a buy trade in stock , then use 6.2 as stoploss and 6.5 as target.
Share price targets for Velan Hotels (VelanHotels)
Target Type | Value |
Downside Target | 5.27 |
Downside Target | 5.43 |
Downside Target | 5.70 |
Downside Target | 5.90 |
Downside Target | 6.10 |
Upside Target | 6.35 |
Upside Target | 6.58 |
Upside Target | 6.83 |
Upside Target | 6.84 |
Upside Target | 7.50 |
Upside Target | 8.49 |
Intraday share price targets for Velan Hotels (VelanHotels)
Target Type | Value |
Downside Intraday Target | 5.73 |
Downside Intraday Target | 5.13 |
Upside Intraday Target | 6.64 |
Upside Intraday Target | 6.95 |
Downside Intraday Target | 6.04 |
Weekly technical analysis of Velan Hotels (VelanHotels)
Date | Weekly Closing Price | Open | High | Low | Volume |
19 Fri Apr 2024 | 6.34 | 5.73 | 6.34 | 5.43 | 0.729 times |
12 Fri Apr 2024 | 5.82 | 6.34 | 6.83 | 5.70 | 0.197 times |
05 Fri Apr 2024 | 6.22 | 5.62 | 6.22 | 5.32 | 0.601 times |
28 Thu Mar 2024 | 5.43 | 5.86 | 5.90 | 5.31 | 9.132 times |
22 Fri Mar 2024 | 6.16 | 5.60 | 6.35 | 5.27 | 2.536 times |
Price has moved up 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 Velan Hotels (VelanHotels)
Date | Monthly Closing Price | Open | High | Low | Volume |
19 Fri Apr 2024 | 6.34 | 5.62 | 6.83 | 5.32 | 0.662 times |
28 Thu Mar 2024 | 5.43 | 6.55 | 6.84 | 5.27 | 3.814 times |
29 Thu Feb 2024 | 6.29 | 7.27 | 7.50 | 6.10 | 0.786 times |
31 Wed Jan 2024 | 6.96 | 6.79 | 8.49 | 6.12 | 1.796 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Velan Hotels (VelanHotels)
Price action analysis of Velan Hotels ( (VelanHotels) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Velan Hotels ( (VelanHotels) ) 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 Velan Hotels ( (VelanHotels) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Velan Hotels ( (VelanHotels) ) 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 Velan Hotels stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Velan Hotels in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Velan Hotels Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Velan Hotels in short term and BUY 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 Velan Hotels is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.01 and Velan Hotels (VelanHotels) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Velan Hotels (VelanHotels) stock. Volume based technical analysis of Velan Hotels (VelanHotels) stock is negative.
Velan Hotels Stock is giving positive 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.
Price action analysis of Velan Hotels ( (VelanHotels) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Velan Hotels ( (VelanHotels) ) 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 Velan Hotels ( (VelanHotels) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Velan Hotels ( (VelanHotels) ) 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 Velan Hotels stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Velan Hotels in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Velan Hotels Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Velan Hotels in short term and BUY 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 Velan Hotels is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.01 and Velan Hotels (VelanHotels) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Velan Hotels (VelanHotels) stock. Volume based technical analysis of Velan Hotels (VelanHotels) stock is negative.
Velan Hotels Stock is giving positive 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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