Technical Analysis for VEL - Velocity Financial, Inc.
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| A | 20.37 | 0.39% | 0.08 |
VEL closed up 0.39 percent on Friday, November 22, 2024, on 59 percent of normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Shooting Star Candlestick | Bearish | 0.00% | |
| Doji - Bearish? | Reversal | 0.00% | |
| Stochastic Reached Overbought | Strength | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| Up 3 Days in a Row | Strength | 0.00% | |
| Gapped Up | Strength | 0.39% | |
| Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | 1.49% | |
| Multiple of Ten Bullish | Other | 1.49% | |
| Inside Day | Range Contraction | 1.49% | |
| Gapped Down | Weakness | 1.49% |
| Alert | Time |
|---|---|
| Up 1% | 1 day ago |
| Rose Above Previous Day's High | 2 days ago |
| Up 1% | 3 days ago |
| Rose Above Previous Day's High | 3 days ago |
| Possible NR7 | 4 days ago |
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Basic chart:
- Earnings date: 10/31/2024
Based in Westlake Village, California, Velocity is a vertically integrated real estate finance company that primarily originates and manages investor loans secured by 1-4 unit residential rental and small commercial properties. Velocity originates loans nationwide across an extensive network of independent mortgage brokers it has built and refined over 15 years.
Sector: Financial Services
Industry: Mortgage Finance
Keywords: Loan Mortgage Loan Real Estate Finance Mortgage Broker Mortgage Bank
Classification
Sector: Financial Services
Industry: Mortgage Finance
Keywords: Loan Mortgage Loan Real Estate Finance Mortgage Broker Mortgage Bank
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 20.51 |
| 52 Week Low | 13.55 |
| Average Volume | 38,459 |
| 200-Day Moving Average | 18.25 |
| 50-Day Moving Average | 19.62 |
| 20-Day Moving Average | 19.75 |
| 10-Day Moving Average | 20.15 |
| Average True Range | 0.29 |
| RSI (14) | 66.78 |
| ADX | 19.86 |
| +DI | 31.36 |
| -DI | 20.06 |
| Chandelier Exit (Long, 3 ATRs) | 19.64 |
| Chandelier Exit (Short, 3 ATRs) | 19.87 |
| Upper Bollinger Bands | 20.63 |
| Lower Bollinger Band | 18.86 |
| Percent B (%b) | 0.85 |
| BandWidth | 8.95 |
| MACD Line | 0.23 |
| MACD Signal Line | 0.18 |
| MACD Histogram | 0.0554 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 20.60 | ||||
| Resistance 3 (R3) | 20.61 | 20.56 | 20.56 | ||
| Resistance 2 (R2) | 20.56 | 20.50 | 20.55 | 20.54 | |
| Resistance 1 (R1) | 20.46 | 20.46 | 20.51 | 20.45 | 20.53 |
| Pivot Point | 20.41 | 20.41 | 20.43 | 20.40 | 20.41 |
| Support 1 (S1) | 20.31 | 20.35 | 20.36 | 20.30 | 20.21 |
| Support 2 (S2) | 20.26 | 20.31 | 20.25 | 20.20 | |
| Support 3 (S3) | 20.16 | 20.26 | 20.18 | ||
| Support 4 (S4) | 20.15 |
