NYSE:VEL • US92262D1019
Overall VEL gets a technical rating of 2 out of 10. VEL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
VEL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 18.95, a Stop Loss order could be placed below this zone.
16.14
We found 3 important support areas.
We can see 3 important resistance areas.
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 | 46.27 | NEUTRAL | VEL is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of VEL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.43 | NEUTRAL | The RSI value for VEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests VEL has a negative trend. |
| Stochastics (14,3) | 8.63 | OVERSOLD | The low Stochastics value suggests VEL may be oversold. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for VEL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.31 | NEGATIVE | The low ADX value for VEL suggests a weak or negative trend. |
19.02
-0.19 (-0.99%)
ChartMill assigns a technical rating of 2 / 10 to VEL.
The current trend direction for VELOCITY FINANCIAL INC (VEL) is Bearish.
VELOCITY FINANCIAL INC (VEL) has an RSI value of 38.4284. This indicates that the stock is currently neutral.
The MACD indicator for VELOCITY FINANCIAL INC (VEL) has a value of -0.160781, indicating a bearish trend.