(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 2024-11-01 View latest technical analysis
10 day averaged volume of Velan Hotels is 20111
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 6.90 | 6.99 | 7.00 | 6.53 | 1.285 times |
| 31 Thu Oct 2024 | 6.76 | 6.32 | 6.77 | 6.32 | 0.692 times |
| 30 Wed Oct 2024 | 6.45 | 6.69 | 6.94 | 6.38 | 0.492 times |
| 29 Tue Oct 2024 | 6.69 | 6.74 | 6.74 | 6.40 | 0.369 times |
| 28 Mon Oct 2024 | 6.53 | 6.45 | 6.77 | 6.31 | 0.286 times |
| 25 Fri Oct 2024 | 6.55 | 6.90 | 6.94 | 6.51 | 0.699 times |
| 24 Thu Oct 2024 | 6.83 | 7.13 | 7.13 | 6.74 | 1.138 times |
| 23 Wed Oct 2024 | 7.07 | 6.89 | 7.10 | 6.75 | 0.736 times |
| 22 Tue Oct 2024 | 6.80 | 7.19 | 7.19 | 6.80 | 1.466 times |
| 21 Mon Oct 2024 | 7.12 | 7.76 | 7.76 | 7.05 | 2.701 times |
My analysis of stock is bearish for shortterm, and stock might move down till 6.4 or till 5.5. Use a stoploss of 7.02 and if the stock hits stoploss, then it can shoot up till 7.69
Share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Target | 5.06 |
| Downside Target | 5.20 |
| Downside Target | 6.01 |
| Downside Target | 6.31 |
| Downside Target | 6.51 |
| Upside Target | 6.99 |
| Upside Target | 7.00 |
| 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 | 6.47 |
| Downside Intraday Target | 6.05 |
| Upside Intraday Target | 7.16 |
| Upside Intraday Target | 7.43 |
| Downside Intraday Target | 6.74 |
Weekly technical analysis of Velan Hotels (VelanHotels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 6.90 | 6.45 | 7.00 | 6.31 | 0.464 times |
| 25 Fri Oct 2024 | 6.55 | 7.76 | 7.76 | 6.51 | 0.103 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 |
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 |
| 01 Fri Nov 2024 | 6.90 | 6.99 | 7.00 | 6.53 | 0.014 times |
| 31 Thu Oct 2024 | 6.76 | 6.13 | 9.68 | 6.01 | 3.912 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Velan Hotels in short term but the sell 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 below 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 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 6.87 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Velan Hotels in short term but the sell 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 below 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 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 6.87 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 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 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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