(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)
10 day averaged volume of Velan Hotels is 77667
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 5.76 | 5.58 | 5.85 | 5.43 | 0.13 times |
| 15 Mon Apr 2024 | 5.58 | 5.73 | 6.08 | 5.56 | 0.526 times |
| 12 Fri Apr 2024 | 5.82 | 6.00 | 6.17 | 5.70 | 0.318 times |
| 10 Wed Apr 2024 | 5.99 | 6.43 | 6.43 | 5.90 | 0.212 times |
| 09 Tue Apr 2024 | 6.19 | 6.53 | 6.83 | 6.19 | 0.661 times |
| 08 Mon Apr 2024 | 6.51 | 6.34 | 6.53 | 6.11 | 0.372 times |
| 05 Fri Apr 2024 | 6.22 | 5.83 | 6.22 | 5.81 | 0.353 times |
| 04 Thu Apr 2024 | 5.93 | 6.10 | 6.12 | 5.85 | 2.11 times |
| 03 Wed Apr 2024 | 5.83 | 5.54 | 5.83 | 5.52 | 3.255 times |
| 02 Tue Apr 2024 | 5.56 | 5.63 | 5.75 | 5.34 | 1.796 times |
My analysis of stock is bearish for shortterm, and stock might move down till 5.6 or till 5.2. Use a stoploss of 5.85 and if the stock hits stoploss, then it can shoot up till 6.13
Share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Target | 5.27 |
| Downside Target | 5.43 |
| Downside Target | 5.70 |
| Upside Target | 5.90 |
| Upside Target | 6.08 |
| Upside Target | 6.35 |
| Upside Target | 6.58 |
| Upside Target | 6.83 |
| Upside Target | 6.84 |
| Upside Target | 7.50 |
| Upside Target | 8.49 |
Intraday share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Intraday Target | 5.43 |
| Downside Intraday Target | 5.11 |
| Upside Intraday Target | 6.08 |
| Upside Intraday Target | 6.41 |
| Downside Intraday Target | 5.76 |
Weekly technical analysis of Velan Hotels (VelanHotels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 5.76 | 5.73 | 6.08 | 5.43 | 0.42 times |
| 12 Fri Apr 2024 | 5.82 | 6.34 | 6.83 | 5.70 | 0.197 times |
| 05 Fri Apr 2024 | 6.22 | 5.62 | 6.22 | 5.32 | 0.601 times |
| 28 Thu Mar 2024 | 5.43 | 5.86 | 5.90 | 5.31 | 9.132 times |
| 22 Fri Mar 2024 | 6.16 | 5.60 | 6.35 | 5.27 | 2.536 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 |
| 16 Tue Apr 2024 | 5.76 | 5.62 | 6.83 | 5.32 | 0.632 times |
| 28 Thu Mar 2024 | 5.43 | 6.55 | 6.84 | 5.27 | 3.814 times |
| 29 Thu Feb 2024 | 6.29 | 7.27 | 7.50 | 6.10 | 0.786 times |
| 31 Wed Jan 2024 | 6.96 | 6.79 | 8.49 | 6.12 | 1.796 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 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 Weak 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 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 moving up
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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 5.86 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 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 Weak 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 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 moving up
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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 5.86 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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