(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 2024-10-22 View latest technical analysis
10 day averaged volume of Velan Hotels is 165785
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Tue Oct 2024 | 6.80 | 7.19 | 7.19 | 6.80 | 0.178 times |
| 21 Mon Oct 2024 | 7.12 | 7.76 | 7.76 | 7.05 | 0.328 times |
| 18 Fri Oct 2024 | 7.42 | 6.96 | 7.50 | 6.96 | 0.173 times |
| 17 Thu Oct 2024 | 7.15 | 7.29 | 7.48 | 6.76 | 0.673 times |
| 16 Wed Oct 2024 | 7.40 | 8.10 | 8.29 | 7.40 | 0.63 times |
| 15 Tue Oct 2024 | 8.22 | 9.29 | 9.68 | 8.22 | 2.265 times |
| 14 Mon Oct 2024 | 9.13 | 7.89 | 9.13 | 7.89 | 4.178 times |
| 11 Fri Oct 2024 | 7.61 | 6.65 | 7.78 | 6.52 | 1.046 times |
| 10 Thu Oct 2024 | 6.49 | 6.60 | 6.60 | 6.25 | 0.069 times |
| 09 Wed Oct 2024 | 6.43 | 6.69 | 6.69 | 6.21 | 0.525 times |
My analysis of stock is bearish for shortterm, and stock might move down till 6.1 or till 5.2. Use a stoploss of 6.87 and if the stock hits stoploss, then it can shoot up till 7.62
Share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Target | 5.06 |
| Downside Target | 5.20 |
| Downside Target | 6.00 |
| Downside Target | 6.63 |
| Upside Target | 6.94 |
| Upside Target | 6.99 |
| Upside Target | 7.18 |
| Upside Target | 7.76 |
| Upside Target | 7.78 |
| Upside Target | 9.68 |
Intraday share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Intraday Target | 6.48 |
| Downside Intraday Target | 6.16 |
| Upside Intraday Target | 7.44 |
| Upside Intraday Target | 8.08 |
| Upside Intraday Target | 7.12 |
Weekly technical analysis of Velan Hotels (VelanHotels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Tue Oct 2024 | 6.80 | 7.76 | 7.76 | 6.80 | 0.064 times |
| 18 Fri Oct 2024 | 7.42 | 7.89 | 9.68 | 6.76 | 4.293 times |
| 11 Fri Oct 2024 | 7.61 | 6.35 | 7.78 | 6.06 | 4.07 times |
| 03 Thu Oct 2024 | 6.33 | 6.34 | 6.88 | 6.01 | 0.397 times |
| 27 Fri Sep 2024 | 6.34 | 6.74 | 6.94 | 6.00 | 1.948 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 |
| 22 Tue Oct 2024 | 6.80 | 6.13 | 9.68 | 6.01 | 3.725 times |
| 30 Mon Sep 2024 | 6.35 | 5.50 | 6.94 | 5.20 | 0.93 times |
| 30 Fri Aug 2024 | 5.37 | 6.49 | 6.63 | 5.06 | 1.621 times |
| 31 Wed Jul 2024 | 6.36 | 6.99 | 6.99 | 6.02 | 2.22 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 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 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 losing momentum.
MACD generated a SELL signal for Velan Hotels in short term but the sell 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Velan Hotels in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 8.23 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 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 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 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 losing momentum.
MACD generated a SELL signal for Velan Hotels in short term but the sell 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Velan Hotels in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 8.23 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 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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