(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 2024-11-08 View latest technical analysis
10 day averaged volume of Velan Hotels is 16887
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 6.88 | 7.39 | 7.39 | 6.87 | 1.27 times |
| 07 Thu Nov 2024 | 7.11 | 6.98 | 7.20 | 6.75 | 1.07 times |
| 06 Wed Nov 2024 | 6.95 | 6.90 | 6.99 | 6.68 | 2.023 times |
| 05 Tue Nov 2024 | 6.78 | 6.89 | 6.90 | 6.55 | 0.631 times |
| 04 Mon Nov 2024 | 6.71 | 6.99 | 6.99 | 6.66 | 1.724 times |
| 01 Fri Nov 2024 | 6.90 | 6.99 | 7.00 | 6.53 | 1.53 times |
| 31 Thu Oct 2024 | 6.76 | 6.32 | 6.77 | 6.32 | 0.824 times |
| 30 Wed Oct 2024 | 6.45 | 6.69 | 6.94 | 6.38 | 0.586 times |
| 29 Tue Oct 2024 | 6.69 | 6.74 | 6.74 | 6.40 | 0.44 times |
| 28 Mon Oct 2024 | 6.53 | 6.45 | 6.77 | 6.31 | 0.34 times |
My analysis of stock is bearish for shortterm, and stock might move down till 6.5 or till 5.7. Use a stoploss of 7.07 and if the stock hits stoploss, then it can shoot up till 7.68
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 | 7.00 |
| Upside Target | 7.39 |
| 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 | 6.49 |
| Downside Intraday Target | 6.1 |
| Upside Intraday Target | 7.33 |
| Upside Intraday Target | 7.78 |
| Upside Intraday Target | 6.94 |
Weekly technical analysis of Velan Hotels (VelanHotels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 6.88 | 6.99 | 7.39 | 6.55 | 1.806 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Velan Hotels (VelanHotels)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 6.88 | 6.99 | 7.39 | 6.53 | 0.075 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 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 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 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 gaining 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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 negative zone. This is the SELL 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 6.83 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 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 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 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 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 gaining 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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 negative zone. This is the SELL 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 6.83 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 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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