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Stock Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Velocity Financial, Inc. (NYSE:VEL)

Sidelines Mode (-55) - VEL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

NYSE_VEL
Open High Low VEL Price Change
17.01 17.47 16.81 16.81 -0.33
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 up The short-term trend has been UP since Apr 22nd, 2024 at 16.81

Smart Scan Analysis for VEL

Based on our trend formula, VEL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for VEL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.01 17.47 16.81 16.81 -0.33
Prev. Close Volume Bid Ask Time
16.87 7941 2024-04-24 15:59:58
52wk High19.0852wk High Date2024-03-22
52wk Low8.2852wk Low Date2023-04-26
Average Volume22,620Shares Outstanding32,965
Assets440,457,300MLiabilities397,112,900M
P/E Ratio11.0987
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