VEIDEKKE ASA (VEI.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:VEI - NO0005806802 - Common Stock
We assign a technical rating of 8 out of 10 to VEI. Although VEI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, VEI also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 174.41. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
152.45
When analyzing the support we can see 2 important areas.
- A support zone ranging from 162.49 to 165.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 153.99 to 157.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 174.41 to 174.55. 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 | 69.26 | NEUTRAL | VEI.OL is not amongst the best or worst performers 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) | 68.26 | NEUTRAL | The RSI value for VEI.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests VEI.OL has a positive trend. |
| Stochastics (14,3) | 91.98 | OVERBOUGHT | The high Stochastics value suggests VEI.OL may be overbought. |
| Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for VEI.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 34.52 | 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 |
|---|---|---|---|
| 174.56 | 168.19 | 6.37 (3.65%) | 25.00% |
| An entry @174.56. This is a Buy Stop order right above the resistance zone. | An exit @168.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 6.37 points, which is 3.65%. | For a 0.91% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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 (12/19/2025, 7:00:00 PM)
174.4
+1.6 (+0.93%)
VEIDEKKE ASA / VEI.OL FAQ
Can you provide the ChartMill technical rating for VEIDEKKE ASA?
ChartMill assigns a technical rating of 8 / 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 68.2611. 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 165.75 and a resistance level at 174.41. Check the full technical report for our detailed analysis of VEI.OL support and resistance levels.