Stock Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Velocity Financial, Inc. (NYSE:VEL)
Strong Downtrend (-100) - VEL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Feb 25th, 2020 at 13.52
The short-term trend has been DOWN since Apr 1st, 2020 at 6.45
Smart Scan Analysis for VEL
Based on our trend formula, VEL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||14.9||52wk High Date||2020-02-20|
|52wk Low||3.03||52wk Low Date||2020-03-24|