Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Velocity Financial, Inc. (NYSE:VEL)

Weak Downtrend (-65) - VEL is showing signs of a strengthening downtrend. Monitor VEL as it may be building momentum to the downside.

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
16.120 16.385 16.000 16.140 +0.030
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 down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 16.54

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 15.97

Smart Scan Analysis for VEL

Based on our trend formula, VEL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for VEL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.120 16.385 16.000 16.140 +0.030
Prev. Close Volume Bid Ask Time
16.060 8655 2024-04-18 15:57:52
52wk High19.0852wk High Date2024-03-22
52wk Low8.1152wk Low Date2023-04-25
Average Volume22,567Shares Outstanding32,965
Assets440,457,300MLiabilities397,112,900M
P/E Ratio10.5987
Get a free daily analysis and signals for Velocity Financial, Inc. (VEL) - Request Your Free Report.