Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Velocity Financial, Inc. (NYSE:VEL)
Weak Uptrend (+65) - VEL is showing signs of weakening momentum to the upside. Monitor VEL as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for VEL
The long-term trend has been UP since Nov 14th, 2023 at 15.55
The intermediate-term trend has been DOWN since Dec 5th, 2023 at 13.78
The short-term trend has been UP since Dec 7th, 2023 at 14.79
Smart Scan Analysis for VEL
Based on our trend formula, VEL is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||18.05||52wk High Date||2023-11-14|
|52wk Low||7.81||52wk Low Date||2023-03-14|
|Average Volume||18,409||Shares Outstanding||32,782|