VEIDEKKE ASA (VEI.OL) Stock Technical Analysis
OSL:VEI • NO0005806802
Taking everything into account, VEI scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, VEI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, VEI did better than 74% of all other stocks. We also observe that the gains produced by VEI over the past year are nicely spread over this period.
- VEI is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month VEI has a been trading in the 176.00 - 194.60 range, which is quite wide. It is currently trading near the high of this range.
- VEI is an average performer in the Construction & Engineering industry, it outperforms 44% of 44 stocks in the same industry.
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
154.44
When analyzing the support we can see 5 important areas.
- A support zone ranging from 190.42 to 193.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 184.27 to 184.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 176.19 to 180.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @168.76 from a trend line in the weekly time frame.
- A support zone ranging from 156.00 to 157.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | 74.28 | POSITIVE | VEI.OL has a high relative strength, it outperformed 74.28% 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) | 70.79 | OVERBOUGHT | The high RSI value suggests VEI.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.77 | POSITIVE | The MACD value suggests VEI.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.23 | OVERBOUGHT | The high Stochastics value suggests VEI.OL may be overbought. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for VEI.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 32.79 | POSITIVE | The high ADX value value for VEI.OL suggests a strong trend. |
OSL:VEI (2/26/2026, 4:19:56 PM)
194.2
+1 (+0.52%)
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.
Can you provide the trend direction for VEIDEKKE ASA?
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 70.7872. This indicates that the stock is currently overbought.
What is the MACD signal for VEIDEKKE ASA (VEI.OL) stock?
The MACD indicator for VEIDEKKE ASA (VEI.OL) has a value of 0.771451, indicating a bearish trend.
What is the short term momentum for VEI stock?
The short term momentum for VEIDEKKE ASA (VEI.OL) is positive.