(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 2024-08-19 View latest technical analysis
10 day averaged volume of Velan Hotels is 23139
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 5.92 | 5.99 | 6.00 | 5.70 | 0.345 times |
| 16 Fri Aug 2024 | 6.00 | 6.15 | 6.15 | 5.93 | 0.963 times |
| 14 Wed Aug 2024 | 6.13 | 6.14 | 6.15 | 5.93 | 0.894 times |
| 13 Tue Aug 2024 | 6.07 | 6.34 | 6.60 | 6.00 | 0.735 times |
| 12 Mon Aug 2024 | 6.35 | 6.24 | 6.45 | 5.94 | 0.503 times |
| 09 Fri Aug 2024 | 6.12 | 5.90 | 6.29 | 5.90 | 0.182 times |
| 08 Thu Aug 2024 | 6.20 | 5.92 | 6.22 | 5.92 | 0.375 times |
| 07 Wed Aug 2024 | 5.92 | 6.35 | 6.45 | 5.64 | 5.41 times |
| 06 Tue Aug 2024 | 6.26 | 6.45 | 6.63 | 6.23 | 0.446 times |
| 05 Mon Aug 2024 | 6.34 | 6.46 | 6.46 | 5.98 | 0.289 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 5.8, for a target of 6.1 or 6.25
Share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Target | 5.32 |
| Downside Target | 5.64 |
| Upside Target | 5.93 |
| Upside Target | 6.60 |
| Upside Target | 6.63 |
| Upside Target | 6.77 |
| 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 | 5.75 |
| Downside Intraday Target | 5.57 |
| Upside Intraday Target | 6.05 |
| Upside Intraday Target | 6.17 |
| Downside Intraday Target | 5.87 |
Weekly technical analysis of Velan Hotels (VelanHotels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 5.92 | 5.99 | 6.00 | 5.70 | 0.111 times |
| 16 Fri Aug 2024 | 6.00 | 6.24 | 6.60 | 5.93 | 0.462 times |
| 09 Fri Aug 2024 | 6.12 | 6.46 | 6.63 | 5.64 | 3.462 times |
| 02 Fri Aug 2024 | 6.25 | 6.45 | 6.90 | 6.02 | 0.468 times |
| 26 Fri Jul 2024 | 6.33 | 6.70 | 6.77 | 6.04 | 1.21 times |
Price has moved down 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 Mon Aug 2024 | 5.92 | 6.49 | 6.63 | 5.64 | 0.815 times |
| 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 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 SELL. 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. Bears 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 and SELL signal is strong!
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 6.02 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 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 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 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 SELL. 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. Bears 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 and SELL signal is strong!
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 6.02 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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