(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 2024-07-29 View latest technical analysis
10 day averaged volume of Velan Hotels is 18916
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 6.62 | 6.45 | 6.64 | 6.02 | 0.635 times |
| 26 Fri Jul 2024 | 6.33 | 6.21 | 6.43 | 6.04 | 1.358 times |
| 25 Thu Jul 2024 | 6.13 | 6.25 | 6.48 | 6.04 | 1.833 times |
| 24 Wed Jul 2024 | 6.35 | 6.45 | 6.45 | 6.21 | 0.661 times |
| 23 Tue Jul 2024 | 6.49 | 6.40 | 6.59 | 6.10 | 0.47 times |
| 22 Mon Jul 2024 | 6.33 | 6.70 | 6.77 | 6.29 | 0.738 times |
| 19 Fri Jul 2024 | 6.62 | 6.52 | 6.69 | 6.18 | 1.308 times |
| 18 Thu Jul 2024 | 6.46 | 6.50 | 6.82 | 6.41 | 1.581 times |
| 16 Tue Jul 2024 | 6.50 | 6.46 | 6.73 | 6.30 | 1.033 times |
| 15 Mon Jul 2024 | 6.49 | 6.60 | 6.60 | 6.30 | 0.262 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 6.7 as stoploss in an intra day sell trade for a target of 6.52. However, stock will show a bullish move above 6.7.
Share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Target | 5.27 |
| Downside Target | 5.67 |
| Downside Target | 6.02 |
| Downside Target | 6.42 |
| Upside Target | 6.64 |
| Upside Target | 6.83 |
| Upside Target | 6.84 |
| Upside Target | 6.99 |
| Upside Target | 7.14 |
| Upside Target | 7.18 |
| Upside Target | 8.46 |
Intraday share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Intraday Target | 6.21 |
| Downside Intraday Target | 5.81 |
| Upside Intraday Target | 6.83 |
| Upside Intraday Target | 7.05 |
| Downside Intraday Target | 6.43 |
Weekly technical analysis of Velan Hotels (VelanHotels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 6.62 | 6.45 | 6.64 | 6.02 | 0.125 times |
| 26 Fri Jul 2024 | 6.33 | 6.70 | 6.77 | 6.04 | 1.21 times |
| 19 Fri Jul 2024 | 6.62 | 6.60 | 6.82 | 6.18 | 1.678 times |
| 12 Fri Jul 2024 | 6.60 | 6.50 | 6.83 | 6.22 | 0.664 times |
| 05 Fri Jul 2024 | 6.58 | 6.99 | 6.99 | 6.42 | 2.514 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 |
| 29 Mon Jul 2024 | 6.62 | 6.99 | 6.99 | 6.02 | 2.147 times |
| 28 Fri Jun 2024 | 6.81 | 6.40 | 7.18 | 6.11 | 0.264 times |
| 31 Fri May 2024 | 6.27 | 6.92 | 7.14 | 5.67 | 0.403 times |
| 30 Tue Apr 2024 | 7.28 | 5.62 | 8.46 | 5.32 | 1.071 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 neutral. A longer time frame might give a better analysis.
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 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Velan Hotels stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Velan Hotels in short term and the sell signal is strong.
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
Stock of Velan Hotels is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.4 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 falling down
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 neutral. A longer time frame might give a better analysis.
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 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Velan Hotels stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Velan Hotels in short term and the sell signal is strong.
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
Stock of Velan Hotels is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.4 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 falling down
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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