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(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)

10 day averaged volume of Velan Hotels is 12616

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 6.69 6.45 6.72 6.40 0.32 times
18 Mon Nov 2024 6.45 6.42 6.53 6.41 0.409 times
14 Thu Nov 2024 6.60 6.57 6.78 6.50 0.357 times
13 Wed Nov 2024 6.57 6.94 6.94 6.56 0.335 times
12 Tue Nov 2024 6.82 7.10 7.10 6.67 0.957 times

My analysis of stock is bearish for shortterm, and stock might move down till 6.6 or till 6.3. Use a stoploss of 6.76 and if the stock hits stoploss, then it can shoot up till 6.95

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 7.10
Upside Target 7.39
Upside Target 7.76
Upside Target 9.68

Intraday share price targets for Velan Hotels (VelanHotels)

Target Type Value
Downside Intraday Target 6.49
Downside Intraday Target 6.28
Upside Intraday Target 6.81
Upside Intraday Target 6.92
Downside Intraday Target 6.6

Weekly technical analysis of Velan Hotels (VelanHotels)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 6.69 6.42 6.72 6.40 0.281 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
25 Fri Oct 2024 6.55 7.76 7.76 6.51 0.103 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
19 Tue Nov 2024 6.69 6.99 7.39 6.40 0.097 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 27, 17, 22 Buy
MACD 0, 0Sell
Stochastics 15Sell
CCI -76Buy
RSI 50Buy
OBV -63138Sell
VWAP 7Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Velan Hotels in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 6.88 and Velan Hotels (VelanHotels) stock is trading below this level. This means that stock is falling with high volumes. 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 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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