VELOCITY FINANCIAL INC (VEL) Stock Technical Analysis
USA - NYSE:VEL - US92262D1019 - Common Stock
18.02 USD
+0.01 (+0.06%)
18.02 USD
0 (0%)
Overall VEL gets a technical rating of 1 out of 10. VEL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
78% of all other stocks performed better in the past year than VEL.
In the last month VEL has a been trading in the 17.93 - 19.21 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
VEL is an average performer in the Financial Services industry, it outperforms 42% of 100 stocks in the same industry.
VEL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VEL is lagging the market.
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.
More info and screens
16.14
20.84
2 important support areas can be observed.
- Support @16.79 from a horizontal line in the daily time frame.
- A support zone ranging from 16.30 to 16.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 18.30 to 18.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.87 to 19.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.63 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for VEL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VEL is down. |
| ChartMill Relative Strength | 22.46 | NEGATIVE | VEL has a low relative strength, it was outperformed by 77.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VEL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of VEL is below the rising 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) | 40.22 | NEUTRAL | The RSI value for VEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests VEL has a negative trend. |
| Stochastics (14,3) | 12.48 | OVERSOLD | The low Stochastics value suggests VEL may be oversold. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for VEL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.93 | NEGATIVE | The low ADX value for VEL suggests a weak or negative 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)
18.02
+0.01 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.06%
1 Week-2.54%
2 Weeks-2.49%
1 Month-5.85%
3 Month-3.33%
6 Month0.39%
12 Month-7.73%
2 Year56.02%
3 Year85.58%
5 Year314.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%2.16%
ATR Inc-20.93%
Range Today0.33
ADR(20)0.38
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.46
Mansfield-1.35
10 Day High19.09
10 Day Low17.93
20 Day High19.21
20 Day Low17.93
52 Week High20.98
52 Week Low16.12
CS1 End16.79
CR1 Start18.3
Volume & EV
DER(3)1.08%
DER(5)0.92%
Volume65.60K
Volume Incr-29.98%
Vol(5)70.80K
Vol(50)98.21K