(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 2024-08-30 View latest technical analysis
10 day averaged volume of Velan Hotels is 21606
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 5.37 | 5.71 | 5.71 | 5.06 | 3.163 times |
| 29 Thu Aug 2024 | 5.60 | 5.79 | 5.80 | 5.28 | 1.105 times |
| 28 Wed Aug 2024 | 5.79 | 5.84 | 5.91 | 5.71 | 0.532 times |
| 27 Tue Aug 2024 | 5.84 | 6.17 | 6.17 | 5.50 | 2.818 times |
| 26 Mon Aug 2024 | 6.09 | 6.17 | 6.17 | 5.88 | 0.332 times |
| 23 Fri Aug 2024 | 5.89 | 5.87 | 6.35 | 5.80 | 1.619 times |
| 22 Thu Aug 2024 | 5.99 | 6.20 | 6.56 | 5.87 | 1.241 times |
| 21 Wed Aug 2024 | 6.24 | 6.05 | 6.37 | 5.91 | 0.35 times |
| 20 Tue Aug 2024 | 5.93 | 5.92 | 6.17 | 5.87 | 0.602 times |
| 19 Mon Aug 2024 | 5.92 | 5.99 | 6.00 | 5.70 | 0.369 times |
Stock of Velan Hotels (VelanHotels) has showed a significant fall. This could be a good time to exit from this stock.
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 5.5, for a target of 5.8 or 6.02
Share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Target | 5.06 |
| Downside Target | 5.32 |
| Upside Target | 5.64 |
| Upside Target | 5.93 |
| Upside Target | 6.56 |
| Upside Target | 6.63 |
| 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 | 4.9 |
| Downside Intraday Target | 4.42 |
| Upside Intraday Target | 6.01 |
| Upside Intraday Target | 6.64 |
| Upside Intraday Target | 5.53 |
Weekly technical analysis of Velan Hotels (VelanHotels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 5.37 | 6.17 | 6.17 | 5.06 | 1.901 times |
| 23 Fri Aug 2024 | 5.89 | 5.99 | 6.56 | 5.70 | 1.262 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Velan Hotels (VelanHotels)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 5.37 | 6.49 | 6.63 | 5.06 | 1.621 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, 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 5.74 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 5.74 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.
Click here for Velan Hotels charts
Click here for further forecast and predictions for tomorrow