(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 2024-09-04 View latest technical analysis
10 day averaged volume of Velan Hotels is 28210
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 5.57 | 5.60 | 5.60 | 5.38 | 0.227 times |
| 03 Tue Sep 2024 | 5.49 | 5.48 | 5.65 | 5.27 | 0.74 times |
| 02 Mon Sep 2024 | 5.48 | 5.50 | 5.71 | 5.20 | 0.712 times |
| 30 Fri Aug 2024 | 5.37 | 5.71 | 5.71 | 5.06 | 2.423 times |
| 29 Thu Aug 2024 | 5.60 | 5.79 | 5.80 | 5.28 | 0.846 times |
| 28 Wed Aug 2024 | 5.79 | 5.84 | 5.91 | 5.71 | 0.408 times |
| 27 Tue Aug 2024 | 5.84 | 6.17 | 6.17 | 5.50 | 2.159 times |
| 26 Mon Aug 2024 | 6.09 | 6.17 | 6.17 | 5.88 | 0.254 times |
| 23 Fri Aug 2024 | 5.89 | 5.87 | 6.35 | 5.80 | 1.24 times |
| 22 Thu Aug 2024 | 5.99 | 6.20 | 6.56 | 5.87 | 0.95 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.6, but if it comes above 5.6, then a intra day buy could be more profitable.
If you take a sell trade below 5.6, then use 5.6 as stoploss and 5.3 as target. However if you take a buy trade in stock , then use 5.6 as stoploss and 5.9 as target.
Share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Target | 5.06 |
| Downside Target | 5.20 |
| Upside Target | 5.64 |
| Upside Target | 5.93 |
| Upside Target | 6.17 |
| Upside Target | 6.56 |
| Upside Target | 6.60 |
| Upside Target | 6.63 |
| Upside Target | 6.99 |
| Upside Target | 7.14 |
| Upside Target | 7.18 |
Intraday share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Intraday Target | 5.28 |
| Downside Intraday Target | 4.98 |
| Upside Intraday Target | 5.79 |
| Upside Intraday Target | 6 |
| Downside Intraday Target | 5.49 |
Weekly technical analysis of Velan Hotels (VelanHotels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 5.57 | 5.50 | 5.71 | 5.20 | 0.276 times |
| 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 |
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 |
| 04 Wed Sep 2024 | 5.57 | 5.50 | 5.71 | 5.20 | 0.093 times |
| 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 |
Scroll below to view daily charts
Price has moved up 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 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 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 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Velan Hotels in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 5.67 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 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 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 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Velan Hotels in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 5.67 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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