VELOCITY FINANCIAL INC (VEL)
US92262D1019 - Common Stock
Overall VEL gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that VEL is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, VEL also shows a nice and consistent pattern of rising prices.
VEL is part of the Financial Services industry. There are 99 other stocks in this industry. VEL outperforms 70% of them.
VEL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so VEL is leading the market.
In the last month VEL has a been trading in a tight range between 20.05 and 20.85.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, VEL also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 20.09, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
17.33
20.97
We found 3 important support areas.
- A support zone ranging from 19.79 to 20.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.76 to 19.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.50 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 20.52 to 20.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.72
Mansfield0.17
10 Day High20.85
10 Day Low20.05
20 Day High20.85
20 Day Low20.05
52 Week High20.85
52 Week Low13.78
Performance
1 Week-1.37%
2 Weeks-1.94%
1 Month-0.3%
3 Month3.43%
6 Month10.49%
12 Month26.52%
2 Year109.64%
3 Year47.66%
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)-0.07
RSI(14)46.98
LBB20.24
UBB20.86
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 20.53 | 20.04 | 0.50 (2.41%) | 25.00% |
| An entry @20.53. This is a Buy Stop order right above the 10 day moving average. | An exit @20.04. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.50 points, which is 2.41%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.60%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
VELOCITY FINANCIAL INC
NYSE:VEL (12/20/2024, 8:04:00 PM)
After market: 20.23 0 (0%)20.23
-0.19 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.93%
1 Week-1.37%
2 Weeks-1.94%
1 Month-0.3%
3 Month3.43%
6 Month10.49%
12 Month26.52%
2 Year109.64%
3 Year47.66%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%1.4%
ATR Inc72.8%
Range Today0.39
ADR(20)0.27
ADR(20)%1.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.72
Mansfield0.17
10 Day High20.85
10 Day Low20.05
20 Day High20.85
20 Day Low20.05
52 Week High20.85
52 Week Low13.78
CS1 End20.09
CR1 Start20.52
Volume & EV
DER(3)2.04%
DER(5)1.17%
Volume194.50K
Volume Incr349.32%
Vol(5)135.34K
Vol(50)44.76K