VELOCITY FINANCIAL INC (VEL) Stock Technical Analysis
NYSE:VEL - New York Stock Exchange, Inc. - US92262D1019 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to VEL. VEL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
80% of all other stocks performed better in the past year than VEL.
VEL is one of the lesser performing stocks in the Financial Services industry. 67% of 99 stocks in the same industry do better.
VEL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VEL is lagging the market.
VEL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
In the last month VEL has a been trading in a tight range between 16.18 and 17.15.
Although the technical rating is bad, VEL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 16.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.61, a Stop Loss order could be placed below this zone.
More info and screens
16.14
20.84
We found 1 important support area.
- A support zone ranging from 16.30 to 16.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 16.84 to 16.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 20.40 to 20.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for VEL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VEL is neutral. |
| ChartMill Relative Strength | 20.83 | NEGATIVE | VEL has a low relative strength, it was outperformed by 79.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VEL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VEL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VEL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.68 | NEUTRAL | The RSI value for VEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests VEL has a positive trend. |
| Stochastics (14,3) | 73.62 | NEUTRAL | The Stochastics value for VEL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for VEL suggests some volalility. |
| Average Directional Index/ADX (14) | 30.36 | POSITIVE | The high ADX value value for VEL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:VEL (6/4/2025, 10:17:54 AM)
16.825
0 (-0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.03%
1 Week1.32%
2 Weeks1.32%
1 Month-0.65%
3 Month-17.82%
6 Month-18.42%
12 Month-8.98%
2 Year45.97%
3 Year53.14%
5 Year326.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%2.25%
ATR Inc-4.39%
Range Today0.02
ADR(20)0.38
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.83
Mansfield-1.39
10 Day High16.96
10 Day Low16.3
20 Day High17.15
20 Day Low16.18
52 Week High20.98
52 Week Low16.12
CS1 End16.61
CR1 Start16.84
Volume & EV
DER(3)0.2%
DER(5)0.82%
Volume107
Volume Incr71.72%
Vol(5)218.38K
Vol(50)134.42K