(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 2024-03-19 View latest technical analysis
10 day averaged volume of Velan Hotels is 9334
Date | Daily Closing Price | Open | High | Low | Volume |
19 Tue Mar 2024 | 5.82 | 5.80 | 5.82 | 5.55 | 0.799 times |
18 Mon Mar 2024 | 5.58 | 5.60 | 5.65 | 5.27 | 0.351 times |
15 Fri Mar 2024 | 5.52 | 5.78 | 5.98 | 5.49 | 1.161 times |
14 Thu Mar 2024 | 5.77 | 5.79 | 5.83 | 5.40 | 0.404 times |
13 Wed Mar 2024 | 5.59 | 5.83 | 5.98 | 5.51 | 0.926 times |
12 Tue Mar 2024 | 5.79 | 5.86 | 6.09 | 5.71 | 1.373 times |
11 Mon Mar 2024 | 6.01 | 6.54 | 6.54 | 5.92 | 0.864 times |
07 Thu Mar 2024 | 6.23 | 6.23 | 6.25 | 5.98 | 0.237 times |
06 Wed Mar 2024 | 6.24 | 6.01 | 6.30 | 6.00 | 1.614 times |
05 Tue Mar 2024 | 6.01 | 6.32 | 6.42 | 6.00 | 1.157 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 5.8 as stoploss in an intra day buy trade for a target of 6.19. However, stock will show a bearish move below 5.8.
Share price targets for Velan Hotels (VelanHotels)
Target Type | Value |
Downside Target | 5.27 |
Downside Target | 5.40 |
Downside Target | 5.73 |
Upside Target | 5.98 |
Upside Target | 6.32 |
Upside Target | 6.54 |
Upside Target | 6.70 |
Upside Target | 6.84 |
Upside Target | 6.96 |
Upside Target | 7.10 |
Upside Target | 7.50 |
Upside Target | 8.49 |
Intraday share price targets for Velan Hotels (VelanHotels)
Target Type | Value |
Downside Intraday Target | 5.45 |
Downside Intraday Target | 5.09 |
Upside Intraday Target | 6 |
Upside Intraday Target | 6.19 |
Downside Intraday Target | 5.64 |
Weekly technical analysis of Velan Hotels (VelanHotels)
Date | Weekly Closing Price | Open | High | Low | Volume |
19 Tue Mar 2024 | 5.82 | 5.60 | 5.82 | 5.27 | 0.243 times |
15 Fri Mar 2024 | 5.52 | 6.54 | 6.54 | 5.40 | 0.961 times |
07 Thu Mar 2024 | 6.23 | 6.64 | 6.84 | 5.98 | 0.44 times |
02 Sat Mar 2024 | 6.62 | 6.69 | 6.96 | 6.05 | 1.602 times |
23 Fri Feb 2024 | 6.47 | 7.10 | 7.10 | 6.32 | 1.55 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 |
19 Tue Mar 2024 | 5.82 | 6.55 | 6.84 | 5.27 | 0.373 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 |
29 Fri Dec 2023 | 6.23 | 6.22 | 6.58 | 5.73 | 1.34 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Velan Hotels in short term and the sell 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 LOWS in short term which reflects strong selling momentum. 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 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 5.87 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Velan Hotels in short term and the sell 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 LOWS in short term which reflects strong selling momentum. 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 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 5.87 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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