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Stock Trend Analysis Report

Prepared for you on Tuesday, September 22, 2020.

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.

Open High Low VEL Price Change
5.28 5.30 5.10 5.27 -0.10
Entry Signal

MarketClub’s Trade Triangles for VEL

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 13.17

intermediate term up The intermediate-term trend has been UP since Aug 11th, 2020 at 4.02

short term down The short-term trend has been DOWN since Sep 17th, 2020 at 5.20

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).

Smart Scan Analysis for VEL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.28 5.30 5.10 5.27 -0.10
Prev. Close Volume Bid Ask Time
5.25 74682 2020-09-21 15:59:32
52wk High14.952wk High Date2020-02-20
52wk Low2.240152wk Low Date2020-04-03
Average Volume205,116Shares Outstanding20,087
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