VELOCITY FINANCIAL INC (VEL) Technical Analysis
NYSE:VEL • US92262D1019
Current stock price
17.26 USD
-0.16 (-0.92%)
At close:
17.26 USD
0 (0%)
After Hours:
VEL Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to VEL. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 75% of all other stocks performed better in the past year than VEL.
- 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.
- VEL is an average performer in the Financial Services industry, it outperforms 50% of 98 stocks in the same industry.
VEL Weekly and Daily overview Charts
VEL Setup Rating and Analysis
Although the technical rating is bad, VEL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
VEL Support and Resistance Analysis
17.08
20.97
We found 1 important support area.
- Support @17.25 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 18.06 to 18.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 18.64 to 19.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.63 to 20.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
VEL Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for VEL is down. |
| ChartMill Relative Strength | 25.41 | NEGATIVE | VEL has a low relative strength, it was outperformed by 74.59% 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) | DOWN | NEGATIVE | The current price of VEL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of VEL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.4 | NEUTRAL | The RSI value for VEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests VEL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.7 | OVERSOLD | The low Stochastics value suggests VEL may be oversold. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for VEL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.63 | NEGATIVE | The low ADX value for VEL suggests a weak or negative trend. |
VEL Chart- and CandleStick Pattern Analysis
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)
VEL Technicals: Chart, Performance Metrics, Trend & Indicators
17.26
-0.16 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.92%
1 Week-0.86%
2 Weeks-4.06%
1 Month-9.25%
3 Month-11.62%
6 Month-6.6%
12 Month-8.19%
2 Year-4.11%
3 Year91.14%
5 Year94.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%3.21%
ATR Inc-30.76%
Range Today0.33
ADR(20)0.53
ADR(20)%3.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.41
3 months CRS27.96
6 months CRS39.06
Mansfield-0.77
10 Day High19.42
10 Day Low17
20 Day High19.42
20 Day Low17
52 Week High21.4
52 Week Low16.12
CS1 End17.25
CR1 Start18.06
Volume & EV
DER(3)-4.57%
DER(5)-3.3%
Volume140.30K
Volume Incr17.66%
Vol(5)146.74K
Vol(50)129.59K
VELOCITY FINANCIAL INC / VEL TA FAQ
What is the ChartMill technical rating of VELOCITY FINANCIAL INC (VEL) stock?
ChartMill assigns a technical rating of 0 / 10 to VEL.
What is the trend direction for VEL stock?
The current trend direction for VELOCITY FINANCIAL INC (VEL) is Bearish.
What is the RSI signal for VELOCITY FINANCIAL INC (VEL) stock?
VELOCITY FINANCIAL INC (VEL) has an RSI value of 33.3987. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VELOCITY FINANCIAL INC?
The MACD indicator for VELOCITY FINANCIAL INC (VEL) has a value of -0.0485052, indicating a bearish trend.
What is the buy/sell signal for VEL stock?
The buy/sell signal for VELOCITY FINANCIAL INC (VEL) is sell as both the short term and long term trends are negative.