(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 2024-11-26 View latest technical analysis
10 day averaged volume of Velan Hotels is 9326
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 6.59 | 6.84 | 7.04 | 6.50 | 2.322 times |
| 25 Mon Nov 2024 | 6.71 | 6.63 | 6.75 | 6.42 | 0.822 times |
| 22 Fri Nov 2024 | 6.50 | 6.60 | 6.70 | 6.41 | 1.683 times |
| 21 Thu Nov 2024 | 6.59 | 6.99 | 6.99 | 6.46 | 0.711 times |
| 19 Tue Nov 2024 | 6.69 | 6.45 | 6.72 | 6.40 | 0.432 times |
| 18 Mon Nov 2024 | 6.45 | 6.42 | 6.53 | 6.41 | 0.553 times |
| 14 Thu Nov 2024 | 6.60 | 6.57 | 6.78 | 6.50 | 0.483 times |
| 13 Wed Nov 2024 | 6.57 | 6.94 | 6.94 | 6.56 | 0.453 times |
| 12 Tue Nov 2024 | 6.82 | 7.10 | 7.10 | 6.67 | 1.295 times |
| 11 Mon Nov 2024 | 6.97 | 7.00 | 7.05 | 6.65 | 1.269 times |
Stock of Velan Hotels (VelanHotels) has showed a significant fall. This could be a good time to exit from this stock.
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 6.5 as stoploss in an intra day buy trade for a target of 6.71. However, stock will show a bearish move below 6.5.
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 |
| Upside Target | 6.94 |
| Upside Target | 6.99 |
| Upside Target | 7.00 |
| Upside Target | 7.04 |
| Upside Target | 7.10 |
| Upside Target | 7.39 |
| Upside Target | 9.68 |
Intraday share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Intraday Target | 6.33 |
| Downside Intraday Target | 6.06 |
| Upside Intraday Target | 6.95 |
| Upside Intraday Target | 7.3 |
| Upside Intraday Target | 6.68 |
Weekly technical analysis of Velan Hotels (VelanHotels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 6.59 | 6.63 | 7.04 | 6.42 | 0.931 times |
| 22 Fri Nov 2024 | 6.50 | 6.42 | 6.99 | 6.40 | 0.965 times |
| 14 Thu Nov 2024 | 6.60 | 7.00 | 7.10 | 6.50 | 0.288 times |
| 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 |
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 |
| 26 Tue Nov 2024 | 6.59 | 6.99 | 7.39 | 6.40 | 0.125 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 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 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 and the sell signal is strong.
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 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 6.66 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 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 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 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 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 and the sell signal is strong.
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 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 6.66 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 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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