(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 2024-10-03 View latest technical analysis
10 day averaged volume of Velan Hotels is 27635
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 6.33 | 6.53 | 6.88 | 6.01 | 1.753 times |
| 01 Tue Oct 2024 | 6.26 | 6.13 | 6.58 | 6.10 | 0.736 times |
| 30 Mon Sep 2024 | 6.35 | 6.34 | 6.48 | 6.06 | 0.231 times |
| 27 Fri Sep 2024 | 6.34 | 6.09 | 6.43 | 6.00 | 0.232 times |
| 26 Thu Sep 2024 | 6.21 | 6.29 | 6.50 | 6.11 | 1.032 times |
| 25 Wed Sep 2024 | 6.29 | 6.79 | 6.79 | 6.23 | 0.463 times |
| 24 Tue Sep 2024 | 6.48 | 6.60 | 6.94 | 6.25 | 2.9 times |
| 23 Mon Sep 2024 | 6.55 | 6.74 | 6.74 | 6.32 | 2.227 times |
| 20 Fri Sep 2024 | 6.13 | 5.80 | 6.21 | 5.80 | 1.045 times |
| 19 Thu Sep 2024 | 5.65 | 5.75 | 5.86 | 5.61 | 0.561 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6.3, but if it comes below 6.3, then a intra day sell could be more profitable.
If you take a sell trade below 6.3, then use 6.3 as stoploss and 6.03 as target. However if you take a buy trade in stock , then use 6.3 as stoploss and 6.7 as target.
Share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Target | 5.06 |
| Downside Target | 5.20 |
| Downside Target | 5.35 |
| Downside Target | 6.00 |
| Downside Target | 6.23 |
| Upside Target | 6.63 |
| Upside Target | 6.88 |
| Upside Target | 6.94 |
| Upside Target | 6.99 |
| Upside Target | 7.18 |
Intraday share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Intraday Target | 5.93 |
| Downside Intraday Target | 5.54 |
| Upside Intraday Target | 6.8 |
| Upside Intraday Target | 7.28 |
| Upside Intraday Target | 6.41 |
Weekly technical analysis of Velan Hotels (VelanHotels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 6.33 | 6.34 | 6.88 | 6.01 | 0.397 times |
| 27 Fri Sep 2024 | 6.34 | 6.74 | 6.94 | 6.00 | 1.948 times |
| 20 Fri Sep 2024 | 6.13 | 6.03 | 6.21 | 5.35 | 0.945 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 |
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 |
| 03 Thu Oct 2024 | 6.33 | 6.13 | 6.88 | 6.01 | 0.145 times |
| 30 Mon Sep 2024 | 6.35 | 5.50 | 6.94 | 5.20 | 0.93 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 |
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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Velan Hotels in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Velan Hotels in short term and BUY 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 6.34 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 positive
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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Velan Hotels in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Velan Hotels in short term and BUY 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 6.34 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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