Technical Analysis for VEL - Velocity Financial, Inc.

Grade Last Price % Change Price Change
grade B 13.4 -1.62% -0.22
VEL closed down 1.62 percent on Friday, February 28, 2020, on 2.3 times normal volume. The bears made the stock sink to a new 52-week low. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A N/A Down
Historical VEL trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Hot IPO Pullback Bullish Swing Setup 0.00%
Wide Range Bar Range Expansion 0.00%
Doji - Bullish? Reversal 0.00%
New 52 Week Low Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%

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Profile

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.
Mortgage Loan Loans Mortgage Bank Mortgage Broker Real Estate Finance

Is VEL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 14.9
52 Week Low 11.62
Average Volume 112,167
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 14.12
10-Day Moving Average 14.17
Average True Range 0.61
ADX 24.18
+DI 9.02
-DI 43.21
Chandelier Exit (Long, 3 ATRs ) 13.08
Chandelier Exit (Short, 3 ATRs ) 13.44
Upper Bollinger Band 14.72
Lower Bollinger Band 13.53
Percent B (%b) -0.11
BandWidth 8.41
MACD Line 0.00
MACD Signal Line 0.09
MACD Histogram -0.0917
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.28
Resistance 3 (R3) 16.01 14.77 15.80
Resistance 2 (R2) 14.77 14.04 14.91 15.64
Resistance 1 (R1) 14.09 13.59 13.47 14.36 15.48
Pivot Point 12.85 12.85 12.55 12.99 12.85
Support 1 (S1) 12.17 12.12 11.55 12.44 11.32
Support 2 (S2) 10.93 11.67 11.07 11.16
Support 3 (S3) 10.25 10.93 11.00
Support 4 (S4) 10.52