(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 75588
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Apr 2024 | 6.04 | 6.00 | 6.04 | 6.00 | 0.191 times |
| 16 Tue Apr 2024 | 5.76 | 5.58 | 5.85 | 5.43 | 0.134 times |
| 15 Mon Apr 2024 | 5.58 | 5.73 | 6.08 | 5.56 | 0.54 times |
| 12 Fri Apr 2024 | 5.82 | 6.00 | 6.17 | 5.70 | 0.326 times |
| 10 Wed Apr 2024 | 5.99 | 6.43 | 6.43 | 5.90 | 0.218 times |
| 09 Tue Apr 2024 | 6.19 | 6.53 | 6.83 | 6.19 | 0.679 times |
| 08 Mon Apr 2024 | 6.51 | 6.34 | 6.53 | 6.11 | 0.382 times |
| 05 Fri Apr 2024 | 6.22 | 5.83 | 6.22 | 5.81 | 0.363 times |
| 04 Thu Apr 2024 | 5.93 | 6.10 | 6.12 | 5.85 | 2.169 times |
| 03 Wed Apr 2024 | 5.83 | 5.54 | 5.83 | 5.52 | 3.344 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 6.1 as stoploss in an intra day sell trade for a target of 5.87. However, stock will show a bullish move above 6.1.
Share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Target | 5.27 |
| Downside Target | 5.43 |
| Downside Target | 5.70 |
| Downside 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 | 5.62 |
| Downside Intraday Target | 5.2 |
| Upside Intraday Target | 6.27 |
| Upside Intraday Target | 6.5 |
| Downside Intraday Target | 5.85 |
Weekly technical analysis of Velan Hotels (VelanHotels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Apr 2024 | 6.04 | 5.73 | 6.08 | 5.43 | 0.539 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 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 |
| 18 Thu Apr 2024 | 6.04 | 5.62 | 6.83 | 5.32 | 0.643 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 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 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 Weak and stock is losing 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 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 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
Stock of Velan Hotels is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.92 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 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 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 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 Weak and stock is losing 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 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 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
Stock of Velan Hotels is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.92 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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