(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 2024-11-04 View latest technical analysis
10 day averaged volume of Velan Hotels is 19834
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 6.71 | 6.99 | 6.99 | 6.66 | 1.468 times |
| 01 Fri Nov 2024 | 6.90 | 6.99 | 7.00 | 6.53 | 1.303 times |
| 31 Thu Oct 2024 | 6.76 | 6.32 | 6.77 | 6.32 | 0.702 times |
| 30 Wed Oct 2024 | 6.45 | 6.69 | 6.94 | 6.38 | 0.499 times |
| 29 Tue Oct 2024 | 6.69 | 6.74 | 6.74 | 6.40 | 0.374 times |
| 28 Mon Oct 2024 | 6.53 | 6.45 | 6.77 | 6.31 | 0.29 times |
| 25 Fri Oct 2024 | 6.55 | 6.90 | 6.94 | 6.51 | 0.708 times |
| 24 Thu Oct 2024 | 6.83 | 7.13 | 7.13 | 6.74 | 1.153 times |
| 23 Wed Oct 2024 | 7.07 | 6.89 | 7.10 | 6.75 | 0.746 times |
| 22 Tue Oct 2024 | 6.80 | 7.19 | 7.19 | 6.80 | 1.486 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 6.4 as stoploss in an intra day buy trade for a target of 7.04. However, stock will show a bearish move below 6.4.
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 | 6.94 |
| 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 | 6.58 |
| Downside Intraday Target | 6.46 |
| Upside Intraday Target | 6.91 |
| Upside Intraday Target | 7.12 |
| Upside Intraday Target | 6.79 |
Weekly technical analysis of Velan Hotels (VelanHotels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 6.71 | 6.99 | 6.99 | 6.66 | 0.463 times |
| 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 |
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 |
| 04 Mon Nov 2024 | 6.71 | 6.99 | 7.00 | 6.53 | 0.03 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 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 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 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 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.
Velan Hotels Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down
CCI has generated a SELL signal for Velan Hotels in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 6.77 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 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 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 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 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.
Velan Hotels Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down
CCI has generated a SELL signal for Velan Hotels in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 6.77 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 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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