(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 2024-07-30 View latest technical analysis
10 day averaged volume of Velan Hotels is 18688
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Tue Jul 2024 | 6.46 | 6.90 | 6.90 | 6.44 | 0.198 times |
| 29 Mon Jul 2024 | 6.62 | 6.45 | 6.64 | 6.02 | 0.643 times |
| 26 Fri Jul 2024 | 6.33 | 6.21 | 6.43 | 6.04 | 1.375 times |
| 25 Thu Jul 2024 | 6.13 | 6.25 | 6.48 | 6.04 | 1.856 times |
| 24 Wed Jul 2024 | 6.35 | 6.45 | 6.45 | 6.21 | 0.669 times |
| 23 Tue Jul 2024 | 6.49 | 6.40 | 6.59 | 6.10 | 0.476 times |
| 22 Mon Jul 2024 | 6.33 | 6.70 | 6.77 | 6.29 | 0.747 times |
| 19 Fri Jul 2024 | 6.62 | 6.52 | 6.69 | 6.18 | 1.324 times |
| 18 Thu Jul 2024 | 6.46 | 6.50 | 6.82 | 6.41 | 1.6 times |
| 16 Tue Jul 2024 | 6.50 | 6.46 | 6.73 | 6.30 | 1.045 times |
My analysis of stock is bearish for shortterm, and stock might move down till 6.4 or till 6.2. Use a stoploss of 6.51 and if the stock hits stoploss, then it can shoot up till 6.66
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 | 6.77 |
| Upside Target | 6.84 |
| Upside Target | 6.90 |
| 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 | 6.02 |
| Downside Intraday Target | 5.58 |
| Upside Intraday Target | 6.9 |
| Upside Intraday Target | 7.34 |
| Downside Intraday Target | 6.46 |
Weekly technical analysis of Velan Hotels (VelanHotels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Tue Jul 2024 | 6.46 | 6.45 | 6.90 | 6.02 | 0.164 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 |
| 30 Tue Jul 2024 | 6.46 | 6.99 | 6.99 | 6.02 | 2.173 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 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 to mid 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Velan Hotels in short term and the sell signal is strong.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 6.4 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 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.
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 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 to mid 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Velan Hotels in short term and the sell signal is strong.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 6.4 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 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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