VEON LTD (VEON) Stock Technical Analysis
NASDAQ:VEON - Nasdaq - US91822M5022 - ADR - Currency: USD
Taking everything into account, VEON scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VEON is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that VEON is one of the better performing stocks in the market, outperforming 96% of all 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 90% of 21 stocks in the same industry.
A new 52 week high is currently being made by VEON, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so VEON is leading the market.
In the last month VEON has a been trading in the 41.00 - 51.31 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although VEON has an excellent technical rating, it does not present a decent entry opportunity 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
34.93
49.44
We found 5 important support areas.
- A support zone ranging from 47.24 to 47.25. 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 43.87 to 44.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.28 from a trend line in the weekly time frame.
- Support @40.04 from a trend line in the daily time frame.
- Support @35.28 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.48
Mansfield3.43
10 Day High51.31
10 Day Low43.81
20 Day High51.31
20 Day Low41
52 Week High51.67
52 Week Low25.2
Performance
1 Week6.16%
2 Weeks7.91%
1 Month19.22%
3 Month8.18%
6 Month48.11%
12 Month89.44%
2 Year155.75%
3 Year302.88%
5 Year31.41%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.55
RSI(14)60.84
LBB42.22
UBB50.83
48.95
-2.3 (-4.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg-4.49%
1 Week6.16%
2 Weeks7.91%
1 Month19.22%
3 Month8.18%
6 Month48.11%
12 Month89.44%
2 Year155.75%
3 Year302.88%
5 Year31.41%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.44
ATR(20)%5.02%
ATR Inc-9.47%
Range Today3.03
ADR(20)2.23
ADR(20)%4.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.48
Mansfield3.43
10 Day High51.31
10 Day Low43.81
20 Day High51.31
20 Day Low41
52 Week High51.67
52 Week Low25.2
CS1 End47.25
CR1 StartN/A
Volume & EV
DER(3)-3.4%
DER(5)-4%
Volume206.23K
Volume Incr176.06%
Vol(5)284.49K
Vol(50)139.33K