(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 2024-07-31 View latest technical analysis
10 day averaged volume of Velan Hotels is 18563
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 6.36 | 6.33 | 6.78 | 6.25 | 0.361 times |
| 30 Tue Jul 2024 | 6.46 | 6.90 | 6.90 | 6.44 | 0.199 times |
| 29 Mon Jul 2024 | 6.62 | 6.45 | 6.64 | 6.02 | 0.647 times |
| 26 Fri Jul 2024 | 6.33 | 6.21 | 6.43 | 6.04 | 1.384 times |
| 25 Thu Jul 2024 | 6.13 | 6.25 | 6.48 | 6.04 | 1.868 times |
| 24 Wed Jul 2024 | 6.35 | 6.45 | 6.45 | 6.21 | 0.673 times |
| 23 Tue Jul 2024 | 6.49 | 6.40 | 6.59 | 6.10 | 0.479 times |
| 22 Mon Jul 2024 | 6.33 | 6.70 | 6.77 | 6.29 | 0.752 times |
| 19 Fri Jul 2024 | 6.62 | 6.52 | 6.69 | 6.18 | 1.333 times |
| 18 Thu Jul 2024 | 6.46 | 6.50 | 6.82 | 6.41 | 1.611 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.4, but if it comes above 6.4, then a intra day buy could be more profitable.
If you take a sell trade below 6.4, then use 6.4 as stoploss and 6.2 as target. However if you take a buy trade in stock , then use 6.4 as stoploss and 6.49 as target.
Share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Target | 5.27 |
| Downside Target | 5.67 |
| Downside Target | 6.02 |
| Upside 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 | 5.95 |
| Downside Intraday Target | 5.55 |
| Upside Intraday Target | 6.83 |
| Upside Intraday Target | 7.31 |
| Upside Intraday Target | 6.43 |
Weekly technical analysis of Velan Hotels (VelanHotels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 6.36 | 6.45 | 6.90 | 6.02 | 0.234 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 |
| 31 Wed Jul 2024 | 6.36 | 6.99 | 6.99 | 6.02 | 2.22 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 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 short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Velan Hotels ( (VelanHotels) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Velan Hotels stock for short term is BUY. Signal strength is Weak and stock is losing 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 SELL signal for Velan Hotels in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 6.39 and Velan Hotels (VelanHotels) stock is trading below this level. This means that stock is falling with high volumes. 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 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 short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Velan Hotels ( (VelanHotels) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Velan Hotels stock for short term is BUY. Signal strength is Weak and stock is losing 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 SELL signal for Velan Hotels in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 6.39 and Velan Hotels (VelanHotels) stock is trading below this level. This means that stock is falling with high volumes. 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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