(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 2024-12-18 View latest technical analysis
10 day averaged volume of Velan Hotels is 35365
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Dec 2024 | 8.32 | 8.49 | 8.83 | 8.04 | 1.938 times |
| 17 Tue Dec 2024 | 8.41 | 8.42 | 8.42 | 7.78 | 4.387 times |
| 16 Mon Dec 2024 | 8.02 | 7.79 | 8.02 | 7.50 | 2.108 times |
| 13 Fri Dec 2024 | 7.64 | 7.53 | 7.70 | 7.26 | 0.495 times |
| 12 Thu Dec 2024 | 7.47 | 7.45 | 7.53 | 7.26 | 0.663 times |
| 11 Wed Dec 2024 | 7.19 | 6.99 | 7.38 | 6.95 | 0.273 times |
| 10 Tue Dec 2024 | 7.13 | 7.04 | 7.24 | 7.03 | 0.845 times |
| 09 Mon Dec 2024 | 6.90 | 6.94 | 7.00 | 6.78 | 0.162 times |
| 06 Fri Dec 2024 | 6.76 | 6.96 | 7.03 | 6.63 | 0.469 times |
| 05 Thu Dec 2024 | 6.82 | 6.80 | 6.88 | 6.53 | 0.271 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 8.3, for a target of 7.7 or 7.09
Share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Target | 5.06 |
| Downside Target | 5.20 |
| Downside Target | 6.01 |
| Downside Target | 6.40 |
| Downside Target | 6.78 |
| Downside Target | 6.94 |
| Downside Target | 7.08 |
| Downside Target | 7.39 |
| Downside Target | 7.50 |
| Downside Target | 7.70 |
| Upside Target | 8.83 |
| Upside Target | 9.68 |
Intraday share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Intraday Target | 7.6 |
| Downside Intraday Target | 6.89 |
| Upside Intraday Target | 8.93 |
| Upside Intraday Target | 9.55 |
| Downside Intraday Target | 8.22 |
Weekly technical analysis of Velan Hotels (VelanHotels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Dec 2024 | 8.32 | 7.79 | 8.83 | 7.50 | 3.459 times |
| 13 Fri Dec 2024 | 7.64 | 6.94 | 7.70 | 6.78 | 1.4 times |
| 06 Fri Dec 2024 | 6.76 | 6.97 | 7.03 | 6.53 | 0.829 times |
| 29 Fri Nov 2024 | 6.74 | 6.63 | 7.08 | 6.42 | 2.359 times |
| 22 Fri Nov 2024 | 6.50 | 6.42 | 6.99 | 6.40 | 0.965 times |
Price has moved up 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 |
| 18 Wed Dec 2024 | 8.32 | 6.97 | 8.83 | 6.53 | 1.606 times |
| 29 Fri Nov 2024 | 6.74 | 6.99 | 7.39 | 6.40 | 0.149 times |
| 31 Thu Oct 2024 | 6.76 | 6.13 | 9.68 | 6.01 | 3.912 times |
| 30 Mon Sep 2024 | 6.35 | 5.50 | 6.94 | 5.20 | 0.93 times |
Scroll below to view daily charts
Price has moved up 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 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 short 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
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 and the buying is gaining 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 7.99 and Velan Hotels (VelanHotels) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 short 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
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 and the buying is gaining 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 7.99 and Velan Hotels (VelanHotels) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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