(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 64245
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 5.95 | 5.95 | 5.96 | 5.95 | 0.635 times |
| 06 Mon May 2024 | 6.26 | 6.50 | 6.50 | 6.26 | 0.507 times |
| 03 Fri May 2024 | 6.58 | 6.92 | 6.92 | 6.58 | 0.316 times |
| 02 Thu May 2024 | 6.92 | 6.92 | 6.92 | 6.92 | 0.741 times |
| 30 Tue Apr 2024 | 7.28 | 7.28 | 7.85 | 7.28 | 1.223 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 5.9 as stoploss in an intra day buy trade for a target of 6.59. However, stock will show a bearish move below 5.9.
Share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Target | 5.27 |
| Downside Target | 5.43 |
| Downside Target | 5.70 |
| Downside Target | 5.95 |
| Upside Target | 6.10 |
| Upside Target | 6.34 |
| Upside Target | 6.50 |
| Upside Target | 6.83 |
| Upside Target | 6.92 |
| Upside Target | 7.50 |
| Upside Target | 8.06 |
| Upside Target | 8.46 |
| Upside Target | 8.49 |
Intraday share price targets for Velan Hotels (VelanHotels)
| Target Type | Value |
| Downside Intraday Target | 5.77 |
| Downside Intraday Target | 5.58 |
| Upside Intraday Target | 6.32 |
| Upside Intraday Target | 6.68 |
| Upside Intraday Target | 6.13 |
Weekly technical analysis of Velan Hotels (VelanHotels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 5.95 | 6.50 | 6.50 | 5.95 | 0.223 times |
| 03 Fri May 2024 | 6.58 | 8.20 | 8.46 | 6.58 | 1.328 times |
| 26 Fri Apr 2024 | 8.06 | 6.65 | 8.06 | 6.65 | 2.803 times |
| 19 Fri Apr 2024 | 6.34 | 5.73 | 6.34 | 5.43 | 0.729 times |
| 12 Fri Apr 2024 | 5.82 | 6.34 | 6.83 | 5.70 | 0.197 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 |
| 07 Tue May 2024 | 5.95 | 6.92 | 6.92 | 5.95 | 0.106 times |
| 30 Tue Apr 2024 | 7.28 | 5.62 | 8.46 | 5.32 | 1.071 times |
| 28 Thu Mar 2024 | 5.43 | 6.55 | 6.84 | 5.27 | 3.814 times |
| 29 Thu Feb 2024 | 6.29 | 7.27 | 7.50 | 6.10 | 0.786 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 | 30, 43, 17 | Sell |
| MACD | 0, 0 | Sell |
| Stochastics | 4 | Sell |
| CCI | -141 | Sell |
| RSI | 50 | Buy |
| OBV | -20114 | Sell |
| VWAP | 7 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Velan Hotels stock for short term is SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Velan Hotels in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 7.36 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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