VEIDEKKE ASA (VEI.OL) Stock Technical Analysis
OSL:VEI - NO0005806802 - Common Stock
162.2 NOK
+0.2 (+0.12%)
Overall VEI gets a technical rating of 6 out of 10. In the last year, VEI was one of the better performers, but we do observe some doubts in the very recent evolution.
When comparing the yearly performance of all stocks, we notice that VEI is one of the better performing stocks in the market, outperforming 75% of all stocks. On top of that, VEI also shows a nice and consistent pattern of rising prices.
VEI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VEI is lagging the market slightly.
In the last month VEI has a been trading in the 158.40 - 172.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
VEI is part of the Construction & Engineering industry. There are 41 other stocks in this industry, VEI did better than 52% of them.
VEI has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
136.22
171.71
4 important support areas can be observed.
- A support zone ranging from 161.19 to 161.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 155.13 to 157.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @146.20 from a trend line in the daily time frame.
- A support zone ranging from 137.60 to 140.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 163.93 to 170.01. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for VEI.OL is down. |
| ChartMill Relative Strength | 75.01 | POSITIVE | VEI.OL has a high relative strength, it outperformed 75.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VEI.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of VEI.OL is below 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) | 44.08 | NEUTRAL | The RSI value for VEI.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.71 | NEGATIVE | The MACD value suggests VEI.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.19 | NEUTRAL | The Stochastics value for VEI.OL is a neutral value. |
| 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) | 17.7 | NEGATIVE | The low ADX value for VEI.OL suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 163.98 | 161.18 | 2.80 (1.71%) | 25.00% |
| An entry @163.98. This is a Buy Stop order right above the 10 day moving average. | An exit @161.18. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.80 points, which is 1.71%. | For a 0.43% 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 (8/25/2025, 7:00:00 PM)
162.2
+0.2 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.12%
1 Week1.19%
2 Weeks-3.05%
1 Month-3.17%
3 Month5.13%
6 Month11.81%
12 Month30.99%
2 Year60.62%
3 Year59.35%
5 Year37.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.07
ATR(20)%1.86%
ATR Inc-48.86%
Range Today1.8
ADR(20)2.85
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.01
Mansfield0.26
10 Day High172
10 Day Low158.4
20 Day High172
20 Day Low158.4
52 Week High172
52 Week Low117.6
CS1 End161.41
CR1 Start163.93
Volume & EV
DER(3)-2.81%
DER(5)-3.43%
Volume42.80K
Volume Incr-21.62%
Vol(5)45.98K
Vol(50)56.84K