VELOCITY FINANCIAL INC (VEL)

US92262D1019 - Common Stock

20.49  +0.2 (+0.99%)

Technical Rating and Analysis

10

Taking everything into account, VEL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VEL is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, VEL did better than 81% of all other stocks. We also observe that the gains produced by VEL over the past year are nicely spread over this period.
VEL is one of the better performing stocks in the Financial Services industry, it outperforms 75% of 100 stocks in the same industry.
VEL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month VEL has a been trading in the 19.00 - 20.51 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
VEL Weekly chart
VEL Daily chart
Setup Rating and Analysis

3

Although VEL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

18.05

20.69

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 20.09 to 20.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 19.05 to 19.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 18.23 to 18.59. This zone is formed by a combination of multiple trend lines in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.85
Mansfield0.18
10 Day High20.51
10 Day Low19.26
20 Day High20.51
20 Day Low19
52 Week High20.51
52 Week Low13.54
Performance
1 Week1.55%
2 Weeks4.1%
1 Month5.24%
3 Month10.45%
6 Month11.54%
12 Month40.81%
2 Year99.51%
3 Year67.96%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)65.21
LBB19.2
UBB20.59
VEL Daily chart

VELOCITY FINANCIAL INC

NYSE:VEL (11/22/2024, 1:46:16 PM)

20.49

+0.2 (+0.99%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.99%
1 Week1.55%
2 Weeks4.1%
1 Month5.24%
3 Month10.45%
6 Month11.54%
12 Month40.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.32
ATR(20)%1.34%
ATR Inc
Range Today0.14
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High20.51
10 Day Low19.26
20 Day High20.51
20 Day Low19
52 Week High20.51
52 Week Low13.54
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.04K
Volume Incr-27.51%
Vol(5)29.92K
Vol(50)39.12K