(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 2024-04-08 View latest technical analysis
10 day averaged volume of Velan Hotels is 172474
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 6.51 | 6.34 | 6.53 | 6.11 | 0.167 times |
| 05 Fri Apr 2024 | 6.22 | 5.83 | 6.22 | 5.81 | 0.159 times |
| 04 Thu Apr 2024 | 5.93 | 6.10 | 6.12 | 5.85 | 0.95 times |
| 03 Wed Apr 2024 | 5.83 | 5.54 | 5.83 | 5.52 | 1.466 times |
| 02 Tue Apr 2024 | 5.56 | 5.63 | 5.75 | 5.34 | 0.809 times |
| 01 Mon Apr 2024 | 5.62 | 5.62 | 5.64 | 5.32 | 0.179 times |
| 28 Thu Mar 2024 | 5.43 | 5.31 | 5.84 | 5.31 | 1.26 times |
| 27 Wed Mar 2024 | 5.57 | 5.57 | 5.90 | 5.57 | 4.441 times |
| 26 Tue Mar 2024 | 5.86 | 5.86 | 5.86 | 5.86 | 0.227 times |
| 22 Fri Mar 2024 | 6.16 | 5.63 | 6.20 | 5.62 | 0.484 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 6.5, for a target of 6.1 or 5.85
Share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Target | 5.27 |
| Downside Target | 5.73 |
| Downside Target | 5.90 |
| Downside Target | 6.10 |
| Downside Target | 6.35 |
| Upside Target | 6.53 |
| Upside Target | 6.54 |
| Upside Target | 6.58 |
| 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 | 6.24 |
| Downside Intraday Target | 5.96 |
| Upside Intraday Target | 6.66 |
| Upside Intraday Target | 6.8 |
| Downside Intraday Target | 6.38 |
Weekly technical analysis of Velan Hotels (VelanHotels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 6.51 | 6.34 | 6.53 | 6.11 | 0.047 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 |
| 15 Fri Mar 2024 | 5.52 | 6.54 | 6.54 | 5.40 | 0.961 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 |
| 08 Mon Apr 2024 | 6.51 | 5.62 | 6.53 | 5.32 | 0.517 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 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 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 but the buy signal is initial and weak.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 5.68 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 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 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 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 but the buy signal is initial and weak.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 5.68 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 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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