VEON LTD (VEON)
US91822M5022 - ADR
Overall VEON gets a technical rating of 8 out of 10. 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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
VEON is one of the better performing stocks in the Wireless Telecommunication Services industry, it outperforms 85% of 22 stocks in the same industry.
VEON is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so VEON is performing more or less in line with the market.
Looking at the yearly performance, VEON did better than 86% of all other stocks. On top of that, VEON also shows a nice and consistent pattern of rising prices. However, this overall good ranking is mostly due to the recent strong move.
In the last month VEON has a been trading in the 22.35 - 24.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
VEON has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 23.55, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VEON in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
19.41
26.31
We found 3 important support areas.
- A support zone ranging from 22.72 to 23.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.53 from a trend line in the weekly time frame.
- Support @19.61 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 24.01 to 24.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 25.99 to 26.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.29
Mansfield1.17
10 Day High24
10 Day Low22.35
20 Day High24.35
20 Day Low22.35
52 Week High26.68
52 Week Low14.5
Performance
1 Week1.1%
2 Weeks0.84%
1 Month4.1%
3 Month23.54%
6 Month41.72%
12 Month19.4%
2 Year41.2%
3 Year-46.93%
5 Year-59.18%
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)0.02
RSI(14)52.5
LBB22.91
UBB24.08
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 |
|---|---|---|---|
| 24.11 | 22.71 | 1.40 (5.81%) | 17.22% |
| An entry @24.11. This is a Buy Stop order right above the resistance zone. | An exit @22.71. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.40 points, which is 5.81%. | For a 1.00% total portfolio risk, you can invest 17.22% 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.
VEON LTD
NASDAQ:VEON (4/19/2024, 7:22:23 PM)
23.88
+0.45 (+1.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg1.92%
1 Week1.1%
2 Weeks0.84%
1 Month4.1%
3 Month23.54%
6 Month41.72%
12 Month19.4%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.85
ATR(20)%3.57%
ATR Inc
Range Today0.94
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High24
10 Day Low22.35
20 Day High24.35
20 Day Low22.35
52 Week High26.68
52 Week Low14.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume19.90K
Volume Incr-61.76%
Vol(5)14.22K
Vol(50)45.70K