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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.

Open High Low VEL Price Change
14.5700 15.1037 14.5100 14.6600 +0.3000
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 Dec 5th, 2023 at 13.78

short term up 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).

Smart Scan Analysis for VEL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.5700 15.1037 14.5100 14.6600 +0.3000
Prev. Close Volume Bid Ask Time
14.7900 17449 2023-12-07 15:59:05
52wk High18.0552wk High Date2023-11-14
52wk Low7.8152wk Low Date2023-03-14
Average Volume18,409Shares Outstanding32,782
P/E Ratio12.487
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