(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 2024-09-17 View latest technical analysis
10 day averaged volume of Velan Hotels is 17800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue Sep 2024 | 5.72 | 5.95 | 5.99 | 5.65 | 1.202 times |
| 16 Mon Sep 2024 | 5.80 | 6.03 | 6.13 | 5.60 | 0.878 times |
| 13 Fri Sep 2024 | 5.91 | 5.95 | 6.06 | 5.82 | 0.485 times |
| 12 Thu Sep 2024 | 5.89 | 5.44 | 5.98 | 5.44 | 1.934 times |
| 11 Wed Sep 2024 | 5.76 | 6.14 | 6.14 | 5.40 | 1.422 times |
| 10 Tue Sep 2024 | 5.95 | 6.15 | 6.15 | 5.85 | 0.373 times |
| 09 Mon Sep 2024 | 6.03 | 6.08 | 6.23 | 5.77 | 1.568 times |
| 06 Fri Sep 2024 | 5.67 | 5.67 | 6.16 | 5.45 | 1.53 times |
| 05 Thu Sep 2024 | 5.60 | 5.45 | 5.64 | 5.45 | 0.277 times |
| 04 Wed Sep 2024 | 5.57 | 5.60 | 5.60 | 5.38 | 0.36 times |
My analysis of stock is bearish for shortterm, and stock might move down till 5.6 or till 5.3. Use a stoploss of 5.78 and if the stock hits stoploss, then it can shoot up till 6
Share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Target | 5.06 |
| Downside Target | 5.20 |
| Downside Target | 5.40 |
| Downside Target | 5.60 |
| Upside Target | 6.02 |
| Upside Target | 6.23 |
| Upside Target | 6.56 |
| 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 | 5.5 |
| Downside Intraday Target | 5.29 |
| Upside Intraday Target | 6.03 |
| Upside Intraday Target | 6.35 |
| Upside Intraday Target | 5.82 |
Weekly technical analysis of Velan Hotels (VelanHotels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue Sep 2024 | 5.72 | 6.03 | 6.13 | 5.60 | 0.36 times |
| 13 Fri Sep 2024 | 5.91 | 6.08 | 6.23 | 5.40 | 1.294 times |
| 06 Fri Sep 2024 | 5.67 | 5.50 | 6.16 | 5.20 | 0.463 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 |
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 |
| 17 Tue Sep 2024 | 5.72 | 5.50 | 6.23 | 5.20 | 0.429 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Velan Hotels ( (VelanHotels) ) based on a short to mid 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.
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 BUY signal for Velan Hotels in short term but the buy signal is initial and weak.
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 tired and bears are picking up momentum.
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 SELL signal in short term but selling 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 5.82 and Velan Hotels (VelanHotels) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Velan Hotels ( (VelanHotels) ) based on a short to mid 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.
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 BUY signal for Velan Hotels in short term but the buy signal is initial and weak.
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 tired and bears are picking up momentum.
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 SELL signal in short term but selling 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 5.82 and Velan Hotels (VelanHotels) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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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