VEIDEKKE ASA (VEI.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:VEI - NO0005806802 - Common Stock
Overall VEI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VEI is showing a nice and steady performance.
VEI has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
152.45
We found 2 important support areas.
- Support @168.20 from a horizontal line in the daily time frame.
- A support zone ranging from 153.99 to 163.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 169.01 to 170.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for VEI.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VEI.OL is up. |
| ChartMill Relative Strength | 71.76 | POSITIVE | VEI.OL has a high relative strength, it outperformed 71.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VEI.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VEI.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VEI.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.84 | NEUTRAL | The RSI value for VEI.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.95 | POSITIVE | The MACD value suggests VEI.OL has a positive trend. |
| Stochastics (14,3) | 93.11 | OVERBOUGHT | The high Stochastics value suggests VEI.OL may be overbought. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for VEI.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 27.33 | POSITIVE | The high ADX value value for VEI.OL suggests a strong trend. |
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 |
|---|---|---|---|
| 170.02 | 168.19 | 1.83 (1.08%) | 25.00% |
| An entry @170.02. This is a Buy Stop order right above the resistance zone. | An exit @168.19. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.83 points, which is 1.08%. | For a 0.27% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of VEI. Please evaluate whether better entry and exit points can be found.
- 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.
OSL:VEI (11/24/2025, 7:00:00 PM)
169
+1.2 (+0.72%)
VEIDEKKE ASA / VEI.OL FAQ
Can you provide the ChartMill technical rating for VEIDEKKE ASA?
ChartMill assigns a technical rating of 10 / 10 to VEI.OL.
What is the current trend direction of VEIDEKKE ASA (VEI.OL) stock?
The current trend direction for VEIDEKKE ASA (VEI.OL) is Bullish.
What is the RSI signal for VEIDEKKE ASA (VEI.OL) stock?
VEIDEKKE ASA (VEI.OL) has an RSI value of 68.8351. This indicates that the stock is currently neutral.
What is the short term momentum for VEI stock?
The short term momentum for VEIDEKKE ASA (VEI.OL) is positive.
Can you provide the support and resistance levels for VEIDEKKE ASA?
VEIDEKKE ASA (VEI.OL) has a support level at 168.2 and a resistance level at 169.01. Check the full technical report for our detailed analysis of VEI.OL support and resistance levels.