Stock Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
Velocity Financial, Inc. (NYSE:VEL)
Crossroads (+60) - VEL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Feb 28th, 2020 at 13.17
The intermediate-term trend has been UP since Aug 11th, 2020 at 4.02
The short-term trend has been UP since Aug 6th, 2020 at 3.72
Smart Scan Analysis for VEL
Based on our trend formula, VEL is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||14.9||52wk High Date||2020-02-20|
|52wk Low||2.2401||52wk Low Date||2020-04-03|
|Average Volume||266,514||Shares Outstanding||20,087|