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Stock Trend Analysis Report

Prepared for you on Saturday, July 13, 2024.

Velocity Financial, Inc. (NYSE:VEL)

Long-Term Uptrend (+90) - VEL is in a strong uptrend that is likely to continue. While VEL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid VEL?

MarketClub looks at technical strength and momentum to determine if the timing is right for VEL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_VEL
Open High Low VEL Price Change
18.930 19.100 18.490 18.865 +0.165
Entry Signal

MarketClub’s Trade Triangles for VEL

long term up The long-term trend has been UP since Nov 14th, 2023 at 15.55

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 17.47

short term up The short-term trend has been UP since Jul 1st, 2024 at 18.48

Smart Scan Analysis for VEL

Based on our trend formula, VEL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for VEL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.930 19.100 18.490 18.865 +0.165
Prev. Close Volume Bid Ask Time
18.940 14309 2024-07-12 15:57:07
52wk High19.952wk High Date2024-06-03
52wk Low10.5752wk Low Date2023-10-13
Average Volume27,924Shares Outstanding32,986
Assets462,821,800MLiabilities417,527,700M
P/E Ratio11
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