VEON LTD (VEON) Stock Technical Analysis
NASDAQ:VEON - US91822M5022 - ADR
58.7 USD
+0.41 (+0.7%)
We assign a technical rating of 10 out of 10 to VEON. Both in the recent history as in the last year, VEON has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, VEON did better than 94% of all other stocks. On top of that, VEON also shows a nice and consistent pattern of rising prices.
VEON is one of the better performing stocks in the Wireless Telecommunication Services industry, it outperforms 95% of 22 stocks in the same industry.
VEON 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 VEON is lagging the market slightly.
In the last month VEON has a been trading in the 47.20 - 64.00 range, which is quite wide. It is currently trading near the high of this range.
VEON has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
37.62
59.29
When analyzing the support we can see 4 important areas.
- Support @57.71 from a horizontal line in the daily time frame.
- A support zone ranging from 51.55 to 52.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.79 to 41.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 38.00 to 38.53. 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 VEON is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VEON is up. |
| ChartMill Relative Strength | 94.24 | POSITIVE | VEON has a high relative strength, it outperformed 94.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VEON is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VEON is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VEON is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.48 | NEUTRAL | The RSI value for VEON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests VEON has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.69 | NEUTRAL | The Stochastics value for VEON is a neutral value. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for VEON suggests high volalility. |
| Average Directional Index/ADX (14) | 32.04 | POSITIVE | The high ADX value value for VEON suggests a strong 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)
NASDAQ:VEON (8/22/2025, 8:00:02 PM)
58.7
+0.41 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg0.7%
1 Week1.03%
2 Weeks4.45%
1 Month8.54%
3 Month11.49%
6 Month29.1%
12 Month114.47%
2 Year247.96%
3 Year433.64%
5 Year65.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.45
ATR(20)%5.49%
ATR Inc-46.93%
Range Today2.23
ADR(20)3.01
ADR(20)%5.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.24
Mansfield2.86
10 Day High64
10 Day Low55.88
20 Day High64
20 Day Low47.2
52 Week High64
52 Week Low25.92
CS1 End57.71
CR1 StartN/A
Volume & EV
DER(3)-6.19%
DER(5)-4.65%
Volume126.00K
Volume Incr81.43%
Vol(5)331.44K
Vol(50)265.16K